Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.30 | 0.34% |
| Return on Equity (%) | ▲ | 5.30% | +2.27 | 3.03% |
| Net Interest Margin (%) | ▲ | 2.95% | +0.36 | 2.60% |
| Efficiency Ratio (%) | ▲ | 77.91% | -6.79 | 84.70% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.40 | $1 |
| Cost of Funds (%) | ▲ | 1.64% | -0.20 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $502 | -2.94 | $505 |
| Gross Loans ($M) | ▲ | $353 | +13.39 | $340 |
| Loan Growth YoY (%) | ▲ | 82.49% | +1.46 | 81.03% |
| Total Deposits ($M) | ▲ | $425 | +8.85 | $416 |
| Shareholders Equity ($M) | ▲ | $62 | +5.65 | $56 |
| Tang. Book Value ($M) | ▲ | $62 | +5.67 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +5.35 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 82.49% | +1.46 | 81.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.18 | 0.03% |
| Allowance / Loans (%) | — | 0.79% | -0.03% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.26 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.35% | -0.36 | 21.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄▇█ | Net Interest Margin (%) | 2.41% | 2.43% | 2.51% | 2.60% | 2.61% | 2.66% | 2.82% | 2.95% |
| ▂▁▁▁▃▃██ | Return on Assets (%) | 0.35% | 0.33% | 0.30% | 0.34% | 0.39% | 0.40% | 0.60% | 0.63% |
| ▇▇█▇▆▅▂▁ | Efficiency Ratio (%) | 84.3% | 84.8% | 86.2% | 84.7% | 83.4% | 82.9% | 79.7% | 77.9% |
| ▅█▅▄▂▅▁▁ | Cost of Funds (%) | 1.95% | 2.13% | 1.89% | 1.84% | 1.76% | 1.92% | 1.65% | 1.64% |
| █▆▅▁▁▂▄▄ | NPA / Assets (%) | 0.46% | 0.31% | 0.25% | 0.03% | 0.03% | 0.13% | 0.24% | 0.22% |
| █▅▄▁▁▂▄▄ | Net Charge-Off Ratio (%) | 0.75% | 0.46% | 0.38% | 0.05% | 0.04% | 0.20% | 0.37% | 0.31% |
| ▄▁▂▂▅▇▇█ | Tang. Book Value ($M) | $57 | $55 | $56 | $56 | $59 | $60 | $60 | $62 |
| ▁▂▃▅▆▇▅█ | Gross Loans ($M) | $326 | $332 | $334 | $340 | $343 | $348 | $341 | $353 |
| ▆▂▁▁█▄▄▂ | Total Deposits ($M) | $453 | $424 | $413 | $416 | $470 | $438 | $440 | $425 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 6% |