Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.39% | +0.60 | 1.79% |
| Return on Equity (%) | ▲ | 30.24% | +3.53 | 26.71% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.41 | 3.77% |
| Efficiency Ratio (%) | ▲ | 44.92% | -3.70 | 48.63% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.29 | $2 |
| Cost of Funds (%) | ▲ | 1.65% | -0.20 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $390 | +26.84 | $363 |
| Gross Loans ($M) | ▲ | $279 | +30.28 | $249 |
| Loan Growth YoY (%) | ▲ | 77.53% | +4.46 | 73.07% |
| Total Deposits ($M) | ▲ | $357 | +19.73 | $337 |
| Shareholders Equity ($M) | ▲ | $32 | +6.99 | $25 |
| Tang. Book Value ($M) | ▲ | $31 | +7.00 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +6.97 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 77.53% | +4.46 | 73.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.07 | 0.28% |
| Allowance / Loans (%) | — | 1.00% | -0.14% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.30% | -0.11 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.39% | +0.74 | 11.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅██ | Net Interest Margin (%) | 3.59% | 3.66% | 3.61% | 3.77% | 3.84% | 3.89% | 4.18% | 4.18% |
| ▁▁▁▃▄▅██ | Return on Assets (%) | 1.57% | 1.56% | 1.49% | 1.79% | 1.90% | 2.00% | 2.44% | 2.39% |
| ██▇▄▄▄▁▁ | Efficiency Ratio (%) | 52.7% | 52.3% | 51.1% | 48.6% | 48.5% | 47.9% | 44.8% | 44.9% |
| ██▇█▅▂▁▂ | Cost of Funds (%) | 1.82% | 1.85% | 1.80% | 1.85% | 1.75% | 1.63% | 1.60% | 1.65% |
| ▆▇▇▇██▁▄ | NPA / Assets (%) | 0.27% | 0.29% | 0.29% | 0.28% | 0.32% | 0.30% | 0.13% | 0.22% |
| ▇▇█▇██▁▄ | Net Charge-Off Ratio (%) | 0.40% | 0.42% | 0.44% | 0.42% | 0.47% | 0.44% | 0.20% | 0.30% |
| ▁▁▂▂▅▆▇█ | Tang. Book Value ($M) | $23 | $22 | $24 | $24 | $27 | $29 | $29 | $31 |
| ▁▁▂▃▃▄▅█ | Gross Loans ($M) | $236 | $239 | $247 | $249 | $251 | $255 | $263 | $279 |
| ▃▁▇▄▃▅█▇ | Total Deposits ($M) | $331 | $314 | $353 | $337 | $332 | $342 | $366 | $357 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 12% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 26% |