Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.61% | +0.18 | 0.43% |
| Return on Equity (%) | ▲ | 5.21% | +1.61 | 3.60% |
| Net Interest Margin (%) | ▲ | 2.30% | +0.31 | 1.99% |
| Efficiency Ratio (%) | ▲ | 66.13% | -6.50 | 72.63% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.23 | $2 |
| Cost of Funds (%) | ▲ | 2.41% | -0.19 | 2.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $947 | +65.56 | $881 |
| Gross Loans ($M) | ▲ | $696 | +44.36 | $651 |
| Loan Growth YoY (%) | ▼ | 89.61% | -1.44 | 91.05% |
| Total Deposits ($M) | ▲ | $774 | +60.51 | $713 |
| Shareholders Equity ($M) | ▲ | $110 | +5.08 | $105 |
| Tang. Book Value ($M) | ▲ | $110 | +5.08 | $105 |
| TBV excl. AOCI ($M)** | ▲ | $115 | +4.33 | $111 |
| Loan / Deposit Ratio (%) | ▼ | 89.61% | -1.44 | 91.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.22 | 0.53% |
| Allowance / Loans (%) | — | 0.35% | 0.03% | 0.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.43% | -0.29 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 1.68% | 1.71% | 1.93% | 1.99% | 2.03% | 2.06% | 2.30% | 2.30% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | 0.12% | 0.16% | 0.35% | 0.43% | 0.44% | 0.47% | 0.63% | 0.61% |
| ██▄▃▃▃▁▁ | Efficiency Ratio (%) | 91.7% | 89.2% | 77.7% | 72.6% | 72.2% | 71.6% | 64.9% | 66.1% |
| █▇▅▅▆▄▁▁ | Cost of Funds (%) | 2.77% | 2.72% | 2.61% | 2.60% | 2.63% | 2.54% | 2.38% | 2.41% |
| ▃▃▂▆█▄▂▁ | NPA / Assets (%) | 0.42% | 0.40% | 0.36% | 0.53% | 0.61% | 0.45% | 0.36% | 0.31% |
| ▃▃▂▇█▄▂▁ | Net Charge-Off Ratio (%) | 0.56% | 0.53% | 0.49% | 0.72% | 0.81% | 0.60% | 0.48% | 0.43% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $102 | $103 | $104 | $105 | $106 | $107 | $109 | $110 |
| ▁▁▂▃▅▇▇█ | Gross Loans ($M) | $630 | $638 | $642 | $651 | $669 | $680 | $684 | $696 |
| ▁▁▃▄▄▅▇█ | Total Deposits ($M) | $676 | $686 | $707 | $713 | $721 | $737 | $760 | $774 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 28% |