Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.18% | +0.39 | 0.79% |
| Return on Equity (%) | ▲ | 6.97% | +2.04 | 4.93% |
| Net Interest Margin (%) | ▲ | 3.32% | +0.19 | 3.13% |
| Efficiency Ratio (%) | ▲ | 52.28% | -14.04 | 66.32% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.96 | $1 |
| Cost of Funds (%) | ▲ | 1.62% | -0.06 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $361 | +23.43 | $337 |
| Gross Loans ($M) | ▲ | $213 | +27.54 | $185 |
| Loan Growth YoY (%) | ▲ | 71.86% | +5.41 | 66.45% |
| Total Deposits ($M) | ▲ | $293 | +17.05 | $276 |
| Shareholders Equity ($M) | ▲ | $62 | +7.06 | $54 |
| Tang. Book Value ($M) | ▲ | $61 | +7.09 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +7.18 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 71.86% | +5.41 | 66.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.08 | 0.16% |
| Allowance / Loans (%) | — | 1.24% | 0.02% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.15 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 38.92% | -1.06 | 39.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▆█ | Net Interest Margin (%) | 3.01% | 3.03% | 3.00% | 3.13% | 3.16% | 3.21% | 3.21% | 3.32% |
| ▃▄▂▁▂▃▃█ | Return on Assets (%) | 0.90% | 0.96% | 0.86% | 0.79% | 0.86% | 0.93% | 0.92% | 1.18% |
| ▆▆▆██▇▅▁ | Efficiency Ratio (%) | 61.6% | 62.0% | 61.3% | 66.3% | 65.1% | 63.1% | 59.7% | 52.3% |
| █▆▃▃▃▄▁▁ | Cost of Funds (%) | 1.83% | 1.78% | 1.68% | 1.68% | 1.67% | 1.71% | 1.61% | 1.62% |
| ███▇▅▂▁▁ | NPA / Assets (%) | 0.17% | 0.17% | 0.16% | 0.16% | 0.14% | 0.10% | 0.08% | 0.08% |
| ██▇▇▅▂▁▁ | Net Charge-Off Ratio (%) | 0.32% | 0.32% | 0.30% | 0.29% | 0.25% | 0.18% | 0.15% | 0.13% |
| ▂▁▂▂▅▇██ | Tang. Book Value ($M) | $54 | $52 | $54 | $54 | $58 | $59 | $60 | $61 |
| ▁▂▃▃▅▆▇█ | Gross Loans ($M) | $169 | $176 | $182 | $185 | $192 | $200 | $204 | $213 |
| ▁▁▃▄▆▆██ | Total Deposits ($M) | $261 | $264 | $272 | $276 | $281 | $282 | $290 | $293 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 22% |