Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.12% | -0.02 | 0.14% |
| Return on Equity (%) | ▼ | 1.22% | -0.30 | 1.52% |
| Net Interest Margin (%) | ▲ | 2.66% | +0.14 | 2.53% |
| Efficiency Ratio (%) | ▼ | 96.93% | +1.65 | 95.28% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.92% | -0.23 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $408 | -12.39 | $420 |
| Gross Loans ($M) | ▼ | $298 | -13.20 | $312 |
| Loan Growth YoY (%) | ▼ | 99.09% | -5.08 | 104.18% |
| Total Deposits ($M) | ▲ | $299 | +2.00 | $297 |
| Shareholders Equity ($M) | ▲ | $41 | +0.53 | $41 |
| Tang. Book Value ($M) | ▲ | $41 | +0.56 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +0.30 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 99.09% | -5.08 | 104.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.13 | 0.13% |
| Allowance / Loans (%) | — | 0.60% | 0.00% | 0.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.17 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.87% | +0.79 | 16.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇▇██ | Net Interest Margin (%) | 2.11% | 2.16% | 2.51% | 2.53% | 2.54% | 2.53% | 2.63% | 2.66% |
| ▁▃▇███▇▇ | Return on Assets (%) | -0.04% | 0.01% | 0.11% | 0.14% | 0.14% | 0.14% | 0.10% | 0.12% |
| █▆▂▁▁▁▃▂ | Efficiency Ratio (%) | 104.3% | 101.7% | 96.9% | 95.3% | 95.6% | 95.5% | 98.2% | 96.9% |
| ██▆▅▇▆▁▁ | Cost of Funds (%) | 2.29% | 2.28% | 2.16% | 2.15% | 2.22% | 2.16% | 1.97% | 1.92% |
| ▁████▁▁▁ | NPA / Assets (%) | 0.00% | 0.12% | 0.12% | 0.13% | 0.13% | 0.00% | 0.00% | 0.00% |
| ▁████▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.17% | 0.17% | 0.17% | 0.17% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▆▇██ | Tang. Book Value ($M) | $40 | $40 | $41 | $41 | $41 | $41 | $41 | $41 |
| ██▆▅▅▃▁▁ | Gross Loans ($M) | $320 | $321 | $314 | $312 | $309 | $304 | $298 | $298 |
| ▆▆█▃▁▄▅▄ | Total Deposits ($M) | $302 | $303 | $308 | $297 | $291 | $298 | $300 | $299 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |