Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.35% | -0.09 | 0.44% |
| Return on Equity (%) | ▼ | 3.47% | -0.90 | 4.37% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.22 | 3.25% |
| Efficiency Ratio (%) | ▼ | 84.14% | +1.88 | 82.26% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.92% | -0.10 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $709 | +71.15 | $638 |
| Gross Loans ($M) | ▲ | $587 | +74.96 | $512 |
| Loan Growth YoY (%) | ▲ | 94.18% | +2.47 | 91.72% |
| Total Deposits ($M) | ▲ | $618 | +64.57 | $553 |
| Shareholders Equity ($M) | ▲ | $70 | +4.94 | $65 |
| Tang. Book Value ($M) | ▲ | $70 | +4.97 | $65 |
| TBV excl. AOCI ($M)** | ▲ | $74 | +5.20 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 94.18% | +2.47 | 91.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Allowance / Loans (%) | — | 0.86% | -0.03% | 0.88% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.02 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▇▇██ | Net Interest Margin (%) | 2.64% | 2.74% | 3.17% | 3.25% | 3.28% | 3.29% | 3.47% | 3.47% |
| ▁▁██▇▇▃▆ | Return on Assets (%) | 0.13% | 0.16% | 0.42% | 0.44% | 0.39% | 0.38% | 0.22% | 0.35% |
| ██▁▁▂▂▅▂ | Efficiency Ratio (%) | 93.9% | 93.7% | 82.7% | 82.3% | 83.9% | 84.3% | 88.4% | 84.1% |
| █▄▂▂▂▂▁▁ | Cost of Funds (%) | 2.33% | 2.12% | 1.98% | 2.02% | 2.02% | 2.02% | 1.97% | 1.92% |
| ██▂▂▂█▇▁ | NPA / Assets (%) | 0.10% | 0.11% | 0.05% | 0.04% | 0.04% | 0.10% | 0.09% | 0.03% |
| ██▂▂▂█▇▁ | Net Charge-Off Ratio (%) | 0.13% | 0.13% | 0.06% | 0.06% | 0.05% | 0.13% | 0.11% | 0.04% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $62 | $63 | $64 | $65 | $66 | $69 | $69 | $70 |
| ▁▁▂▂▃▅▆█ | Gross Loans ($M) | $498 | $507 | $512 | $512 | $523 | $550 | $561 | $587 |
| ▁▁▂▂▅▇▇█ | Total Deposits ($M) | $544 | $535 | $549 | $553 | $581 | $606 | $605 | $618 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 17% |