Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.45% | +0.12 | 0.33% |
| Return on Equity (%) | ▲ | 4.41% | +0.99 | 3.42% |
| Net Interest Margin (%) | ▲ | 2.63% | +0.38 | 2.25% |
| Efficiency Ratio (%) | ▲ | 81.33% | -3.43 | 84.76% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.84% | -0.03 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $186 | +3.67 | $182 |
| Gross Loans ($M) | ▲ | $147 | +4.94 | $142 |
| Loan Growth YoY (%) | ▲ | 91.09% | +3.47 | 87.61% |
| Total Deposits ($M) | ▼ | $161 | -0.76 | $162 |
| Shareholders Equity ($M) | ▲ | $19 | +1.30 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +1.29 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.18 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 91.09% | +3.47 | 87.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.08 | 0.10% |
| Allowance / Loans (%) | — | 0.20% | -0.01% | 0.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.10 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.15% | +0.02 | 20.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▆██ | Net Interest Margin (%) | 1.77% | 1.83% | 2.21% | 2.25% | 2.30% | 2.33% | 2.59% | 2.63% |
| ▁▁▆▇▇█▇█ | Return on Assets (%) | -0.09% | -0.03% | 0.28% | 0.33% | 0.36% | 0.40% | 0.35% | 0.45% |
| █▇▂▁▁▁▂▁ | Efficiency Ratio (%) | 110.3% | 106.0% | 87.1% | 84.8% | 83.8% | 82.2% | 85.4% | 81.3% |
| █▅▃▂▄▂▁▁ | Cost of Funds (%) | 2.15% | 2.02% | 1.91% | 1.88% | 1.95% | 1.89% | 1.81% | 1.84% |
| ▃▂▂█▂▄▄▁ | NPA / Assets (%) | 0.05% | 0.04% | 0.04% | 0.10% | 0.04% | 0.06% | 0.06% | 0.03% |
| ▃▂▂█▂▄▄▁ | Net Charge-Off Ratio (%) | 0.06% | 0.05% | 0.05% | 0.13% | 0.05% | 0.07% | 0.08% | 0.03% |
| ▃▁▁▃▅▇▇█ | Tang. Book Value ($M) | $18 | $18 | $18 | $18 | $18 | $19 | $19 | $19 |
| ▁▂▂▂▂▅▇█ | Gross Loans ($M) | $141 | $142 | $142 | $142 | $142 | $145 | $146 | $147 |
| ▆█▆▂▁▆▆▁ | Total Deposits ($M) | $166 | $167 | $166 | $162 | $161 | $165 | $165 | $161 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 19% |