Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 8.23% | +2.90 | 5.33% |
| Return on Equity (%) | ▲ | 17.33% | +6.11 | 11.22% |
| Net Interest Margin (%) | ▼ | 2.37% | -0.14 | 2.51% |
| Efficiency Ratio (%) | ▲ | 50.99% | -0.05 | 51.04% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.10 | $1 |
| Cost of Funds (%) | ▼ | 0.41% | +0.09 | 0.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $507 | +58.19 | $449 |
| Gross Loans ($M) | ▼ | $67 | -0.35 | $67 |
| Loan Growth YoY (%) | ▼ | 32.31% | -2.65 | 34.97% |
| Total Deposits ($M) | ▲ | $202 | +14.23 | $188 |
| Shareholders Equity ($M) | ▲ | $248 | +33.34 | $215 |
| Tang. Book Value ($M) | ▲ | $248 | +33.34 | $215 |
| TBV excl. AOCI ($M)** | ▲ | $266 | +35.53 | $230 |
| Loan / Deposit Ratio (%) | ▼ | 32.31% | -2.65 | 34.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.03 | 0.05% |
| Allowance / Loans (%) | — | 1.86% | 0.07% | 1.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.56% | +0.24 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 32.01% | -0.35 | 32.36% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▄▄▁▁ | Net Interest Margin (%) | 2.64% | 2.62% | 2.46% | 2.51% | 2.48% | 2.48% | 2.34% | 2.37% |
| █▅▁▅▆▅▂█ | Return on Assets (%) | 8.66% | 5.67% | 1.13% | 5.33% | 6.01% | 5.51% | 2.50% | 8.23% |
| ██▁▁▂█▁▁ | Efficiency Ratio (%) | 54.0% | 53.9% | 51.1% | 51.0% | 51.6% | 53.8% | 51.2% | 51.0% |
| ▁▁▁▂▃▃██ | Cost of Funds (%) | 0.31% | 0.32% | 0.31% | 0.32% | 0.33% | 0.33% | 0.41% | 0.41% |
| ▅▅▄▄▅▅▁█ | NPA / Assets (%) | 0.05% | 0.05% | 0.05% | 0.05% | 0.06% | 0.05% | 0.03% | 0.07% |
| ▄▃▃▃▅▄▁█ | Net Charge-Off Ratio (%) | 0.34% | 0.34% | 0.33% | 0.32% | 0.39% | 0.38% | 0.21% | 0.56% |
| ▁▁▁▃▄▅▆█ | Tang. Book Value ($M) | $205 | $201 | $204 | $215 | $223 | $228 | $231 | $248 |
| ▁▂▃▇▇█▆▇ | Gross Loans ($M) | $64 | $65 | $65 | $67 | $67 | $67 | $67 | $67 |
| ▁▁▁▂▂▃█▄ | Total Deposits ($M) | $180 | $181 | $184 | $188 | $187 | $197 | $226 | $202 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 92% |
| Brokered / Other | 3% |