Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.08 | 1.28% |
| Return on Equity (%) | ▲ | 10.90% | +0.63 | 10.27% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.24 | 3.43% |
| Efficiency Ratio (%) | ▲ | 48.61% | -1.97 | 50.58% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.49 | $2 |
| Cost of Funds (%) | ▼ | 1.66% | +0.05 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $605 | +63.62 | $541 |
| Gross Loans ($M) | ▲ | $442 | +12.89 | $430 |
| Loan Growth YoY (%) | ▼ | 83.32% | -7.38 | 90.70% |
| Total Deposits ($M) | ▲ | $524 | +56.78 | $467 |
| Shareholders Equity ($M) | ▲ | $76 | +5.97 | $70 |
| Tang. Book Value ($M) | ▲ | $72 | +6.22 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +8.02 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 83.32% | -7.38 | 90.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.37% | -0.04% | 1.40% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.48% | +1.32 | 16.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▇▆█ | Net Interest Margin (%) | 2.98% | 3.06% | 3.28% | 3.43% | 3.51% | 3.53% | 3.47% | 3.68% |
| ▂▁▆▅▆▃█▇ | Return on Assets (%) | 1.06% | 0.96% | 1.33% | 1.28% | 1.34% | 1.10% | 1.49% | 1.36% |
| ▆█▂▄▄█▁▃ | Efficiency Ratio (%) | 54.9% | 59.7% | 46.6% | 50.6% | 49.8% | 58.0% | 43.5% | 48.6% |
| █▅▂▁▁▁▁▂ | Cost of Funds (%) | 1.92% | 1.80% | 1.66% | 1.60% | 1.62% | 1.62% | 1.63% | 1.66% |
| ▁▂█▂▂▆▁▁ | NPA / Assets (%) | 0.00% | 0.01% | 0.10% | 0.01% | 0.01% | 0.07% | 0.00% | 0.00% |
| ▁▁█▁▁▇▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.11% | 0.00% | 0.00% | 0.09% | 0.00% | 0.00% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $62 | $63 | $64 | $66 | $68 | $69 | $70 | $72 |
| ▁▁▃▃██▃█ | Gross Loans ($M) | $424 | $425 | $429 | $430 | $440 | $440 | $431 | $442 |
| ▄▃▃▁▃▆██ | Total Deposits ($M) | $494 | $485 | $486 | $467 | $486 | $509 | $522 | $524 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 10% |