Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.01 | 1.08% |
| Return on Equity (%) | ▼ | 13.44% | -1.97 | 15.41% |
| Net Interest Margin (%) | ▼ | 3.62% | -0.01 | 3.63% |
| Efficiency Ratio (%) | ▲ | 65.74% | -0.49 | 66.23% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▼ | 1.40% | +0.05 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $247 | +6.54 | $240 |
| Gross Loans ($M) | ▲ | $135 | +9.73 | $125 |
| Loan Growth YoY (%) | ▲ | 66.79% | +2.12 | 64.67% |
| Total Deposits ($M) | ▲ | $200 | +8.32 | $191 |
| Shareholders Equity ($M) | ▲ | $22 | +4.52 | $17 |
| Tang. Book Value ($M) | ▲ | $22 | +4.52 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +4.49 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 66.79% | +2.12 | 64.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.07 | 0.11% |
| Allowance / Loans (%) | — | 0.97% | 0.02% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.13 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.16% | +0.11 | 20.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▅▆▁▅ | Net Interest Margin (%) | 3.72% | 3.71% | 3.59% | 3.63% | 3.62% | 3.65% | 3.48% | 3.62% |
| ▅▁▁▄▆█▄▅ | Return on Assets (%) | 1.09% | 1.00% | 1.02% | 1.08% | 1.12% | 1.16% | 1.06% | 1.09% |
| ▇██▅▂▁▃▄ | Efficiency Ratio (%) | 67.5% | 68.1% | 67.7% | 66.2% | 64.8% | 64.1% | 65.2% | 65.7% |
| ▁▇███▇██ | Cost of Funds (%) | 0.95% | 1.33% | 1.40% | 1.35% | 1.39% | 1.34% | 1.35% | 1.40% |
| ███▄▃▁▁▁ | NPA / Assets (%) | 0.22% | 0.20% | 0.20% | 0.11% | 0.10% | 0.06% | 0.05% | 0.04% |
| █▄▄▃▃▁▁▁ | Net Charge-Off Ratio (%) | 0.46% | 0.24% | 0.23% | 0.21% | 0.20% | 0.11% | 0.11% | 0.08% |
| ▄▁▂▃▆█▇█ | Tang. Book Value ($M) | $18 | $15 | $17 | $17 | $19 | $21 | $20 | $22 |
| ▁▄▆▆▆▇▆█ | Gross Loans ($M) | $101 | $117 | $122 | $125 | $126 | $128 | $125 | $135 |
| ▂▁▁▂███▄ | Total Deposits ($M) | $192 | $187 | $186 | $191 | $217 | $215 | $219 | $200 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 14% |