Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.35 | 0.66% |
| Return on Equity (%) | ▲ | 15.26% | +3.80 | 11.46% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.66 | 2.85% |
| Efficiency Ratio (%) | ▲ | 64.24% | -7.97 | 72.21% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.88 | $1 |
| Cost of Funds (%) | ▲ | 1.63% | -0.29 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $566 | +14.44 | $552 |
| Gross Loans ($M) | ▲ | $416 | +21.12 | $395 |
| Loan Growth YoY (%) | ▲ | 78.81% | +1.06 | 77.75% |
| Total Deposits ($M) | ▲ | $523 | +19.39 | $503 |
| Shareholders Equity ($M) | ▲ | $39 | +6.37 | $33 |
| Tang. Book Value ($M) | ▲ | $39 | +6.37 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +6.05 | $38 |
| Loan / Deposit Ratio (%) | ▲ | 78.81% | +1.06 | 77.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.01 | 0.02% |
| Allowance / Loans (%) | — | 1.12% | 0.07% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.02 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.97% | +0.34 | 12.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▂▃▆█ | Net Interest Margin (%) | 2.88% | 2.85% | 2.75% | 2.85% | 2.92% | 3.00% | 3.30% | 3.51% |
| ▆▅▁▂▃▅▅█ | Return on Assets (%) | 0.88% | 0.80% | 0.56% | 0.66% | 0.72% | 0.79% | 0.83% | 1.01% |
| ▂▂█▆▅▃▃▁ | Efficiency Ratio (%) | 65.7% | 66.9% | 75.3% | 72.2% | 69.8% | 67.6% | 68.1% | 64.2% |
| ██▆▅▅▃▁▁ | Cost of Funds (%) | 2.14% | 2.13% | 1.96% | 1.91% | 1.89% | 1.77% | 1.65% | 1.63% |
| ▁▁▂▃███▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.02% | 0.05% | 0.05% | 0.05% | 0.01% |
| ▁▁▂▃███▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.02% | 0.03% | 0.07% | 0.07% | 0.08% | 0.01% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $29 | $30 | $31 | $33 | $34 | $37 | $37 | $39 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $381 | $382 | $387 | $395 | $399 | $406 | $411 | $416 |
| ▄▁▂▂▄▅█▆ | Total Deposits ($M) | $515 | $495 | $503 | $503 | $514 | $519 | $536 | $523 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 6% |