Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.12% | -0.41 | 1.53% |
| Return on Equity (%) | ▼ | 13.71% | -8.43 | 22.14% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.62 | 3.70% |
| Efficiency Ratio (%) | ▲ | 57.08% | -2.17 | 59.25% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.12 | $2 |
| Cost of Funds (%) | ▲ | 1.62% | -0.31 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $341 | -22.64 | $364 |
| Gross Loans ($M) | ▼ | $258 | -3.06 | $261 |
| Loan Growth YoY (%) | ▲ | 89.65% | +8.68 | 80.97% |
| Total Deposits ($M) | ▼ | $283 | -35.95 | $319 |
| Shareholders Equity ($M) | ▲ | $28 | +1.95 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +1.95 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +1.52 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 89.65% | +8.68 | 80.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.11% | +1.11 | 0.00% |
| Allowance / Loans (%) | — | 1.75% | 0.58% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.47% | +1.47 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.90 | 12.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 3.19% | 3.24% | 3.63% | 3.70% | 3.87% | 3.97% | 4.27% | 4.32% |
| ▁▂▆▇██▄▁ | Return on Assets (%) | 1.07% | 1.15% | 1.46% | 1.53% | 1.66% | 1.59% | 1.33% | 1.12% |
| █▇▄▃▂▂▁▁ | Efficiency Ratio (%) | 66.2% | 64.5% | 60.5% | 59.2% | 57.9% | 57.6% | 56.1% | 57.1% |
| █▅█▅▆▃▁▁ | Cost of Funds (%) | 2.16% | 1.92% | 2.12% | 1.93% | 2.01% | 1.80% | 1.66% | 1.62% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.12% | 1.11% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.47% | 1.47% |
| ▄▁▃▅████ | Tang. Book Value ($M) | $26 | $24 | $25 | $26 | $28 | $28 | $28 | $28 |
| ▁▄▅▇███▆ | Gross Loans ($M) | $242 | $253 | $257 | $261 | $266 | $266 | $266 | $258 |
| ▂█▃▅▁▁▂▁ | Total Deposits ($M) | $293 | $356 | $299 | $319 | $276 | $278 | $290 | $283 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 8% |