Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.45 | 1.43% |
| Return on Equity (%) | ▲ | 18.56% | +2.79 | 15.77% |
| Net Interest Margin (%) | ▲ | 4.50% | +0.40 | 4.10% |
| Efficiency Ratio (%) | ▲ | 46.52% | -9.04 | 55.56% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.65 | $2 |
| Cost of Funds (%) | ▲ | 1.64% | -0.25 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $448 | +12.91 | $435 |
| Gross Loans ($M) | ▲ | $327 | +21.98 | $305 |
| Loan Growth YoY (%) | ▲ | 80.87% | +4.15 | 76.72% |
| Total Deposits ($M) | ▲ | $398 | +6.97 | $391 |
| Shareholders Equity ($M) | ▲ | $46 | +6.72 | $40 |
| Tang. Book Value ($M) | ▲ | $46 | +6.72 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +6.58 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 80.87% | +4.15 | 76.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.16 | 0.17% |
| Allowance / Loans (%) | — | 1.44% | -0.07% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.61% | +1.02 | 13.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▄▆██ | Net Interest Margin (%) | 3.93% | 4.02% | 4.02% | 4.10% | 4.19% | 4.31% | 4.48% | 4.50% |
| ▁▁▃▂▃▄█▇ | Return on Assets (%) | 1.30% | 1.32% | 1.48% | 1.43% | 1.56% | 1.58% | 2.01% | 1.88% |
| ██▇█▆▇▁▂ | Efficiency Ratio (%) | 56.4% | 57.0% | 54.2% | 55.6% | 53.6% | 54.4% | 44.1% | 46.5% |
| ██▄▆▅▄▁▁ | Cost of Funds (%) | 1.98% | 2.02% | 1.81% | 1.89% | 1.85% | 1.80% | 1.64% | 1.64% |
| █▆▆▅▁▁▁▁ | NPA / Assets (%) | 0.27% | 0.19% | 0.17% | 0.17% | 0.04% | 0.02% | 0.01% | 0.01% |
| ▇▇▆▅█▂▁▁ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.04% | 0.04% | 0.05% | 0.02% | 0.02% | 0.02% |
| ▂▁▂▃▆▆▇█ | Tang. Book Value ($M) | $39 | $36 | $39 | $40 | $43 | $43 | $45 | $46 |
| ▁▁▁▃▄▇▆█ | Gross Loans ($M) | $296 | $295 | $298 | $305 | $308 | $320 | $319 | $327 |
| ▃▁▆▇▆▄██ | Total Deposits ($M) | $372 | $359 | $389 | $391 | $385 | $380 | $401 | $398 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 13% |