Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.24% | +0.58 | -0.35% |
| Return on Equity (%) | ▲ | 2.58% | +6.37 | -3.79% |
| Net Interest Margin (%) | ▲ | 2.60% | +0.46 | 2.14% |
| Efficiency Ratio (%) | ▲ | 89.50% | -18.42 | 107.92% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.51 | $-0 |
| Cost of Funds (%) | ▲ | 2.40% | -0.29 | 2.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +5.37 | $390 |
| Gross Loans ($M) | ▲ | $322 | +8.04 | $313 |
| Loan Growth YoY (%) | ▼ | 100.33% | -1.36 | 101.69% |
| Total Deposits ($M) | ▲ | $319 | +12.18 | $307 |
| Shareholders Equity ($M) | ▲ | $36 | +0.54 | $35 |
| Tang. Book Value ($M) | ▲ | $36 | +0.54 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +0.31 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 100.33% | -1.36 | 101.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.07 | 0.18% |
| Allowance / Loans (%) | — | 0.52% | -0.01% | 0.53% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.09 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.67% | +0.07 | 13.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 2.01% | 2.01% | 2.08% | 2.14% | 2.19% | 2.28% | 2.49% | 2.60% |
| ▃▃▅▁▂▃▇█ | Return on Assets (%) | -0.17% | -0.15% | -0.05% | -0.35% | -0.25% | -0.17% | 0.14% | 0.24% |
| ██▇▆▅▄▂▁ | Efficiency Ratio (%) | 117.5% | 115.0% | 111.9% | 107.9% | 106.2% | 103.4% | 95.6% | 89.5% |
| ██▆▅▅▄▁▁ | Cost of Funds (%) | 2.88% | 2.85% | 2.72% | 2.69% | 2.68% | 2.63% | 2.40% | 2.40% |
| ▂███▄▁▁▄ | NPA / Assets (%) | 0.07% | 0.18% | 0.17% | 0.18% | 0.10% | 0.05% | 0.04% | 0.11% |
| ▂███▄▁▁▄ | Net Charge-Off Ratio (%) | 0.09% | 0.22% | 0.21% | 0.23% | 0.12% | 0.06% | 0.05% | 0.13% |
| █▇▇▁▁▁▃▆ | Tang. Book Value ($M) | $36 | $36 | $36 | $35 | $35 | $35 | $36 | $36 |
| ▃█▆▃▂▁▅█ | Gross Loans ($M) | $314 | $322 | $318 | $313 | $312 | $310 | $317 | $322 |
| ▁▂▃▆▆▄▇█ | Total Deposits ($M) | $280 | $289 | $292 | $307 | $307 | $296 | $311 | $319 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 25% |