Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.45% | +0.06 | 0.39% |
| Return on Equity (%) | ▲ | 3.85% | +0.48 | 3.37% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.16 | 2.98% |
| Efficiency Ratio (%) | ▲ | 82.60% | -1.65 | 84.25% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.42% | -0.02 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $281 | +4.23 | $277 |
| Gross Loans ($M) | ▲ | $247 | +2.50 | $244 |
| Loan Growth YoY (%) | ▼ | 99.22% | -0.25 | 99.47% |
| Total Deposits ($M) | ▲ | $247 | +3.12 | $244 |
| Shareholders Equity ($M) | ▲ | $33 | +1.17 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +1.17 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 99.22% | -0.25 | 99.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.04 | 0.19% |
| Allowance / Loans (%) | — | 0.47% | 0.00% | 0.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.04 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 2.73% | 2.75% | 2.88% | 2.98% | 3.00% | 3.01% | 3.10% | 3.14% |
| ▁▁▄▇▇▇▆█ | Return on Assets (%) | 0.17% | 0.18% | 0.29% | 0.39% | 0.41% | 0.42% | 0.37% | 0.45% |
| ██▅▂▁▁▃▁ | Efficiency Ratio (%) | 92.3% | 91.8% | 88.0% | 84.3% | 83.5% | 83.4% | 85.3% | 82.6% |
| ▇█▄▂▃▃▁▁ | Cost of Funds (%) | 1.55% | 1.58% | 1.48% | 1.44% | 1.46% | 1.47% | 1.41% | 1.42% |
| █▄▃▂▃▂▁▁ | NPA / Assets (%) | 0.47% | 0.28% | 0.21% | 0.19% | 0.21% | 0.19% | 0.12% | 0.15% |
| █▄▃▂▁▁▁▁ | Net Charge-Off Ratio (%) | 0.52% | 0.31% | 0.24% | 0.22% | 0.16% | 0.15% | 0.14% | 0.18% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $31 | $31 | $32 | $32 | $33 | $33 | $33 | $33 |
| ▃▃▃▃▂▁▁█ | Gross Loans ($M) | $244 | $244 | $244 | $244 | $243 | $243 | $243 | $247 |
| ▁▂▆▆▅▆██ | Total Deposits ($M) | $236 | $238 | $245 | $244 | $243 | $245 | $249 | $247 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 8% |