Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.57% | +0.34 | 0.23% |
| Return on Equity (%) | ▲ | 5.33% | +3.15 | 2.18% |
| Net Interest Margin (%) | ▲ | 1.96% | +0.57 | 1.39% |
| Efficiency Ratio (%) | ▲ | 67.66% | -15.70 | 83.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.74 | $1 |
| Cost of Funds (%) | ▲ | 2.73% | -0.18 | 2.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $835 | +20.70 | $814 |
| Gross Loans ($M) | ▲ | $664 | +32.38 | $632 |
| Loan Growth YoY (%) | ▲ | 112.44% | +2.30 | 110.15% |
| Total Deposits ($M) | ▲ | $584 | +17.22 | $566 |
| Shareholders Equity ($M) | ▲ | $89 | +3.48 | $85 |
| Tang. Book Value ($M) | ▲ | $87 | +3.62 | $83 |
| TBV excl. AOCI ($M)** | ▲ | $94 | +4.95 | $89 |
| Loan / Deposit Ratio (%) | ▲ | 112.44% | +2.30 | 110.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.15% | -0.06% | 1.21% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.15% | -0.84 | 16.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 0.83% | 0.96% | 1.32% | 1.39% | 1.47% | 1.57% | 1.96% | 1.96% |
| ▁▁▃▄▄▅██ | Return on Assets (%) | 0.00% | 0.00% | 0.16% | 0.23% | 0.28% | 0.35% | 0.55% | 0.57% |
| █▇▃▂▂▁▁▁ | Efficiency Ratio (%) | 135.9% | 120.9% | 89.9% | 83.4% | 79.5% | 74.8% | 69.5% | 67.7% |
| █▇▄▄▃▂▁▁ | Cost of Funds (%) | 3.21% | 3.12% | 2.94% | 2.91% | 2.91% | 2.80% | 2.76% | 2.73% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▃▄▅▇▇█ | Tang. Book Value ($M) | $82 | $81 | $83 | $83 | $84 | $86 | $86 | $87 |
| █▆▄▁▃█▇▆ | Gross Loans ($M) | $676 | $661 | $653 | $632 | $647 | $674 | $667 | $664 |
| ▇▁▁▅▅▇██ | Total Deposits ($M) | $577 | $546 | $549 | $566 | $566 | $577 | $580 | $584 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 26% |