Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.97% | -0.33 | 1.30% |
| Return on Equity (%) | ▼ | 10.61% | -3.21 | 13.82% |
| Net Interest Margin (%) | ▼ | 4.42% | -0.12 | 4.54% |
| Efficiency Ratio (%) | ▼ | 67.46% | +6.36 | 61.10% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.26 | $2 |
| Cost of Funds (%) | ▼ | 1.66% | +0.09 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $538 | +78.54 | $459 |
| Gross Loans ($M) | ▲ | $369 | +55.35 | $314 |
| Loan Growth YoY (%) | ▼ | 74.86% | -0.23 | 75.09% |
| Total Deposits ($M) | ▲ | $487 | +73.98 | $413 |
| Shareholders Equity ($M) | ▲ | $49 | +4.73 | $44 |
| Tang. Book Value ($M) | ▲ | $49 | +4.73 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +5.13 | $46 |
| Loan / Deposit Ratio (%) | ▼ | 74.86% | -0.23 | 75.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.04 | 0.04% |
| Allowance / Loans (%) | — | 1.35% | 0.05% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃█▆█▂▅ | Net Interest Margin (%) | 4.25% | 4.31% | 4.34% | 4.54% | 4.45% | 4.54% | 4.31% | 4.42% |
| ▃▄███▇▂▁ | Return on Assets (%) | 1.08% | 1.11% | 1.30% | 1.30% | 1.27% | 1.25% | 1.05% | 0.97% |
| ▇▇▁▁▁▃▇█ | Efficiency Ratio (%) | 66.1% | 66.2% | 61.0% | 61.1% | 61.4% | 62.9% | 65.9% | 67.5% |
| █▄▁▂▁▆▃▄ | Cost of Funds (%) | 1.84% | 1.68% | 1.55% | 1.57% | 1.52% | 1.75% | 1.64% | 1.66% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.07% | 0.05% | 0.05% | 0.04% | 0.84% | 0.09% | 0.09% | 0.08% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.10% | 0.07% | 0.07% | 0.06% | 1.30% | 0.13% | 0.13% | 0.12% |
| ▁▁▃▄▅▇██ | Tang. Book Value ($M) | $40 | $41 | $43 | $44 | $45 | $47 | $48 | $49 |
| ▁▁▁▃▄▆▆█ | Gross Loans ($M) | $290 | $289 | $296 | $314 | $322 | $342 | $347 | $369 |
| ▁▂▃▃▆▆██ | Total Deposits ($M) | $375 | $400 | $411 | $413 | $449 | $453 | $475 | $487 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 12% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 11% |