Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.82% | -0.37 | 3.19% |
| Return on Equity (%) | ▼ | 21.48% | -3.93 | 25.41% |
| Net Interest Margin (%) | ▼ | 5.41% | -0.20 | 5.60% |
| Efficiency Ratio (%) | ▼ | 45.95% | +5.07 | 40.88% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.22 | $2 |
| Cost of Funds (%) | ▲ | 1.91% | -0.21 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $269 | +3.73 | $265 |
| Gross Loans ($M) | ▼ | $235 | -0.51 | $235 |
| Loan Growth YoY (%) | ▼ | 107.55% | -1.36 | 108.91% |
| Total Deposits ($M) | ▲ | $215 | +2.28 | $213 |
| Shareholders Equity ($M) | ▲ | $35 | +2.07 | $33 |
| Tang. Book Value ($M) | ▲ | $35 | +2.07 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 107.55% | -1.36 | 108.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.71% | +0.37 | 1.35% |
| Allowance / Loans (%) | — | 1.50% | -0.03% | 1.53% |
| Net Charge-Off Ratio (%) | ▲ | 0.53% | -0.98 | 1.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂████▄▄ | Net Interest Margin (%) | 5.20% | 5.26% | 5.66% | 5.60% | 5.64% | 5.62% | 5.42% | 5.41% |
| ▁▂██▆▄▁▁ | Return on Assets (%) | 2.79% | 2.86% | 3.24% | 3.19% | 3.10% | 2.99% | 2.77% | 2.82% |
| ▅▄▁▁▂▃██ | Efficiency Ratio (%) | 44.1% | 43.3% | 41.0% | 40.9% | 41.6% | 42.8% | 46.5% | 46.0% |
| ▇█▄▅▄▂▁▁ | Cost of Funds (%) | 2.24% | 2.34% | 2.11% | 2.12% | 2.11% | 2.00% | 1.89% | 1.91% |
| ▁▇▇▇▇▆▆█ | NPA / Assets (%) | 0.00% | 1.43% | 1.37% | 1.35% | 1.38% | 1.15% | 1.14% | 1.71% |
| ▁████▁▁▃ | Net Charge-Off Ratio (%) | 0.00% | 1.59% | 1.54% | 1.51% | 1.54% | 0.00% | 0.00% | 0.53% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $31 | $32 | $33 | $33 | $34 | $34 | $35 | $35 |
| ▂▁▅█▅▄▃█ | Gross Loans ($M) | $228 | $226 | $232 | $235 | $231 | $231 | $229 | $235 |
| ▄▁█▆▄█▃█ | Total Deposits ($M) | $210 | $206 | $215 | $213 | $210 | $215 | $209 | $215 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |