Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.36 | 0.90% |
| Return on Equity (%) | ▼ | 2.26% | -1.80 | 4.06% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.03 | 3.56% |
| Efficiency Ratio (%) | ▼ | 77.07% | +10.84 | 66.23% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.31 | $3 |
| Cost of Funds (%) | ▲ | 0.73% | -0.46 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $530 | -43.74 | $574 |
| Gross Loans ($M) | ▼ | $144 | -35.72 | $180 |
| Loan Growth YoY (%) | ▼ | 33.92% | -4.94 | 38.86% |
| Total Deposits ($M) | ▼ | $398 | -42.67 | $440 |
| Shareholders Equity ($M) | ▲ | $128 | +0.82 | $127 |
| Tang. Book Value ($M) | ▲ | $128 | +0.83 | $127 |
| TBV excl. AOCI ($M)** | ▼ | $131 | -1.30 | $132 |
| Loan / Deposit Ratio (%) | ▼ | 33.92% | -4.94 | 38.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.46% | +1.58 | 1.87% |
| Allowance / Loans (%) | — | 6.70% | 1.60% | 5.09% |
| Net Charge-Off Ratio (%) | ▼ | 12.68% | +6.71 | 5.97% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 93.68% | +17.99 | 75.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▅▆██▁▇ | Net Interest Margin (%) | 3.56% | 3.55% | 3.52% | 3.56% | 3.63% | 3.64% | 3.39% | 3.59% |
| ▄▃▄█▆▆▁▃ | Return on Assets (%) | 0.59% | 0.56% | 0.61% | 0.90% | 0.73% | 0.71% | 0.38% | 0.53% |
| ▄▄▅▁▂▂█▆ | Efficiency Ratio (%) | 72.3% | 72.5% | 75.7% | 66.2% | 68.3% | 68.6% | 82.1% | 77.1% |
| ██▆▆▄▂▁▁ | Cost of Funds (%) | 1.47% | 1.40% | 1.24% | 1.19% | 1.01% | 0.84% | 0.76% | 0.73% |
| ▁▁▁▁▁▇▇█ | NPA / Assets (%) | 1.72% | 1.71% | 1.85% | 1.87% | 1.87% | 3.21% | 3.16% | 3.46% |
| ▁▁▂▂▂▇▇█ | Net Charge-Off Ratio (%) | 4.30% | 4.89% | 5.72% | 5.97% | 6.34% | 10.89% | 11.16% | 12.68% |
| ▆▅█▁▃▁▁▃ | Tang. Book Value ($M) | $129 | $129 | $131 | $127 | $128 | $126 | $127 | $128 |
| █▆▄▄▃▂▁▁ | Gross Loans ($M) | $236 | $206 | $189 | $180 | $168 | $158 | $154 | $144 |
| ███▇▆▁▂▁ | Total Deposits ($M) | $454 | $453 | $448 | $440 | $438 | $404 | $410 | $398 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 4% |