Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.06% | +0.02 | 0.04% |
| Return on Equity (%) | ▲ | 0.64% | +0.19 | 0.45% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.27 | 2.61% |
| Efficiency Ratio (%) | ▲ | 97.16% | -2.45 | 99.62% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $-0 |
| Cost of Funds (%) | ▲ | 1.89% | -0.12 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $548 | +4.14 | $544 |
| Gross Loans ($M) | ▲ | $463 | +6.03 | $457 |
| Loan Growth YoY (%) | ▲ | 100.40% | +0.04 | 100.36% |
| Total Deposits ($M) | ▲ | $458 | +5.75 | $452 |
| Shareholders Equity ($M) | ▲ | $48 | +1.26 | $47 |
| Tang. Book Value ($M) | ▲ | $48 | +1.30 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +1.38 | $49 |
| Loan / Deposit Ratio (%) | ▲ | 100.40% | +0.04 | 100.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.16 | 0.32% |
| Allowance / Loans (%) | — | 0.81% | 0.01% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.57% | +0.19 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.94% | -0.08 | 13.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▄▅██ | Net Interest Margin (%) | 2.39% | 2.43% | 2.59% | 2.61% | 2.64% | 2.67% | 2.84% | 2.89% |
| ▄▇▅▁█▇█▂ | Return on Assets (%) | 0.08% | 0.11% | 0.09% | 0.04% | 0.13% | 0.12% | 0.12% | 0.06% |
| █▇▄▆▂▂▁▃ | Efficiency Ratio (%) | 102.1% | 100.4% | 97.8% | 99.6% | 95.8% | 95.9% | 94.7% | 97.2% |
| █▆▃▃▃▂▁▁ | Cost of Funds (%) | 2.22% | 2.10% | 2.01% | 2.02% | 2.00% | 1.96% | 1.91% | 1.89% |
| ▄▇█▁▄▄▅▅ | NPA / Assets (%) | 0.46% | 0.57% | 0.61% | 0.32% | 0.44% | 0.45% | 0.47% | 0.49% |
| ▄▇█▁▄▄▅▅ | Net Charge-Off Ratio (%) | 0.55% | 0.67% | 0.71% | 0.38% | 0.52% | 0.53% | 0.57% | 0.57% |
| ▂▁▂▃▆███ | Tang. Book Value ($M) | $47 | $46 | $47 | $47 | $47 | $48 | $48 | $48 |
| █▅▅▂▁▂▁▃ | Gross Loans ($M) | $483 | $471 | $468 | $457 | $452 | $456 | $453 | $463 |
| ▇▇▆▂▁▄█▇ | Total Deposits ($M) | $458 | $458 | $457 | $452 | $450 | $455 | $460 | $458 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |