Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.70% | +0.34 | 1.36% |
| Return on Equity (%) | ▲ | 18.06% | +2.19 | 15.87% |
| Net Interest Margin (%) | ▲ | 4.65% | +0.44 | 4.21% |
| Efficiency Ratio (%) | ▲ | 65.34% | -2.31 | 67.65% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.03 | $2 |
| Cost of Funds (%) | ▲ | 1.42% | -0.25 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $398 | +2.80 | $395 |
| Gross Loans ($M) | ▲ | $289 | +7.73 | $281 |
| Loan Growth YoY (%) | ▲ | 80.61% | +2.46 | 78.15% |
| Total Deposits ($M) | ▼ | $355 | -1.73 | $357 |
| Shareholders Equity ($M) | ▲ | $38 | +3.34 | $35 |
| Tang. Book Value ($M) | ▲ | $38 | +3.34 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.44 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 80.61% | +2.46 | 78.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.78% | -0.33 | 1.11% |
| Allowance / Loans (%) | — | 0.85% | 0.10% | 0.75% |
| Net Charge-Off Ratio (%) | ▲ | 0.72% | -0.41 | 1.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 3.99% | 4.00% | 4.11% | 4.21% | 4.36% | 4.42% | 4.52% | 4.65% |
| ▁▁▁▃▅▇█▇ | Return on Assets (%) | 1.20% | 1.27% | 1.22% | 1.36% | 1.52% | 1.68% | 1.77% | 1.70% |
| █▇█▅▃▁▁▃ | Efficiency Ratio (%) | 70.8% | 70.3% | 71.5% | 67.7% | 65.2% | 63.4% | 62.7% | 65.3% |
| █▇▆▆▄▃▁▁ | Cost of Funds (%) | 1.76% | 1.68% | 1.67% | 1.67% | 1.58% | 1.52% | 1.43% | 1.42% |
| ▁▇▆█▃▄▃▁ | NPA / Assets (%) | 0.75% | 1.04% | 1.00% | 1.11% | 0.89% | 0.91% | 0.86% | 0.78% |
| ▁▅▅█▄▅▄▂ | Net Charge-Off Ratio (%) | 0.63% | 0.94% | 0.89% | 1.13% | 0.87% | 0.92% | 0.85% | 0.72% |
| ▃▁▃▄▇███ | Tang. Book Value ($M) | $34 | $32 | $34 | $35 | $37 | $37 | $38 | $38 |
| ▂▁▂▄▃▃▅█ | Gross Loans ($M) | $278 | $276 | $278 | $281 | $279 | $279 | $283 | $289 |
| ▁▄▅▇███▇ | Total Deposits ($M) | $332 | $345 | $348 | $357 | $360 | $363 | $360 | $355 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 9% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 8% |