Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.09 | 0.78% |
| Return on Equity (%) | ▲ | 5.34% | +0.41 | 4.93% |
| Net Interest Margin (%) | ▲ | 2.28% | +0.35 | 1.93% |
| Efficiency Ratio (%) | ▲ | 35.71% | -6.49 | 42.20% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.53 | $2 |
| Cost of Funds (%) | ▲ | 2.60% | -0.17 | 2.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $627 | +13.05 | $614 |
| Gross Loans ($M) | ▲ | $268 | +14.91 | $253 |
| Loan Growth YoY (%) | ▲ | 50.81% | +2.10 | 48.71% |
| Total Deposits ($M) | ▲ | $523 | +7.50 | $515 |
| Shareholders Equity ($M) | ▲ | $103 | +5.65 | $98 |
| Tang. Book Value ($M) | ▲ | $103 | +5.65 | $98 |
| TBV excl. AOCI ($M)** | ▲ | $119 | +5.59 | $114 |
| Loan / Deposit Ratio (%) | ▲ | 50.81% | +2.10 | 48.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.15 | 0.73% |
| Allowance / Loans (%) | — | 1.00% | 0.04% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 1.99% | +0.23 | 1.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 1.91% | 1.87% | 1.87% | 1.93% | 2.00% | 2.07% | 2.28% | 2.28% |
| ▃▁▅▃▅█▇█ | Return on Assets (%) | 0.78% | 0.74% | 0.81% | 0.78% | 0.82% | 0.87% | 0.84% | 0.87% |
| ▄█▅▄▂▄▂▁ | Efficiency Ratio (%) | 41.3% | 50.6% | 43.2% | 42.2% | 37.9% | 42.8% | 39.3% | 35.7% |
| ██▇▅▄▃▁▂ | Cost of Funds (%) | 2.90% | 2.90% | 2.83% | 2.77% | 2.72% | 2.65% | 2.55% | 2.60% |
| ▄▂▁▅▃▆▁█ | NPA / Assets (%) | 0.68% | 0.59% | 0.52% | 0.73% | 0.62% | 0.76% | 0.51% | 0.88% |
| ▅▃▁▆▂▅▁█ | Net Charge-Off Ratio (%) | 1.57% | 1.42% | 1.23% | 1.76% | 1.33% | 1.64% | 1.13% | 1.99% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $94 | $95 | $97 | $98 | $99 | $101 | $102 | $103 |
| ▁▂▃▃▆███ | Gross Loans ($M) | $247 | $252 | $253 | $253 | $261 | $267 | $267 | $268 |
| ▁▄▆▇▇▇██ | Total Deposits ($M) | $485 | $502 | $510 | $515 | $514 | $517 | $520 | $523 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 33% |