Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.28 | 1.17% |
| Return on Equity (%) | ▲ | 8.36% | +0.86 | 7.50% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.42 | 3.43% |
| Efficiency Ratio (%) | ▲ | 56.26% | -3.84 | 60.10% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 0.49% | -0.03 | 0.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $164 | -3.43 | $167 |
| Gross Loans ($M) | ▼ | $87 | -0.98 | $88 |
| Loan Growth YoY (%) | ▲ | 64.50% | +1.24 | 63.25% |
| Total Deposits ($M) | ▼ | $134 | -4.22 | $138 |
| Shareholders Equity ($M) | ▲ | $29 | +2.41 | $26 |
| Tang. Book Value ($M) | ▲ | $26 | +2.41 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.43 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 64.50% | +1.24 | 63.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.02 | 0.04% |
| Allowance / Loans (%) | — | 0.85% | 0.05% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.05 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 30.26% | +2.25 | 28.01% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.09% | 3.16% | 3.36% | 3.43% | 3.53% | 3.60% | 3.76% | 3.85% |
| ▁▂▂▄▅▅▇█ | Return on Assets (%) | 0.97% | 1.04% | 1.08% | 1.17% | 1.21% | 1.25% | 1.37% | 1.45% |
| █▇▆▄▄▃▂▁ | Efficiency Ratio (%) | 65.3% | 63.3% | 62.0% | 60.1% | 59.8% | 59.2% | 58.0% | 56.3% |
| ▁▁▇▆█▃▁▂ | Cost of Funds (%) | 0.48% | 0.49% | 0.53% | 0.52% | 0.54% | 0.50% | 0.49% | 0.49% |
| ▁▁▁▄▄██▆ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.09% | 0.09% | 0.06% |
| ▁▁▁▄▄██▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.08% | 0.08% | 0.16% | 0.16% | 0.12% |
| ▂▁▂▄▆▇▇█ | Tang. Book Value ($M) | $23 | $22 | $23 | $24 | $25 | $25 | $26 | $26 |
| ▁▄▃▇███▆ | Gross Loans ($M) | $81 | $84 | $84 | $88 | $88 | $89 | $88 | $87 |
| ▁▁▆█▅▂▆▅ | Total Deposits ($M) | $128 | $127 | $135 | $138 | $133 | $130 | $134 | $134 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 1% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 7% |