Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.34% | -0.14 | 0.48% |
| Return on Equity (%) | ▼ | 2.14% | -0.58 | 2.72% |
| Net Interest Margin (%) | ▼ | 2.96% | -0.01 | 2.98% |
| Efficiency Ratio (%) | ▼ | 79.28% | +1.15 | 78.13% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.89 | $2 |
| Cost of Funds (%) | ▼ | 1.62% | +0.05 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,189 | +104.82 | $1,084 |
| Gross Loans ($M) | ▲ | $907 | +104.82 | $803 |
| Loan Growth YoY (%) | ▲ | 97.44% | +3.81 | 93.63% |
| Total Deposits ($M) | ▲ | $925 | +73.67 | $851 |
| Shareholders Equity ($M) | ▼ | $178 | -9.82 | $188 |
| Tang. Book Value ($M) | ▼ | $153 | -8.65 | $161 |
| TBV excl. AOCI ($M)** | ▼ | $159 | -9.18 | $168 |
| Loan / Deposit Ratio (%) | ▲ | 97.44% | +3.81 | 93.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.65% | -0.01% | 0.67% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▁▂▂▁▁ | Net Interest Margin (%) | 3.32% | 3.23% | 2.94% | 2.98% | 2.99% | 2.99% | 2.97% | 2.96% |
| ▁▂▄█▇▇▆▆ | Return on Assets (%) | -0.09% | 0.03% | 0.18% | 0.48% | 0.41% | 0.39% | 0.33% | 0.34% |
| ▁▁█▁▂▃▃▂ | Efficiency Ratio (%) | 77.2% | 77.6% | 87.9% | 78.1% | 79.5% | 80.0% | 80.4% | 79.3% |
| ▁█▇▅▅▆██ | Cost of Funds (%) | 1.47% | 1.62% | 1.60% | 1.57% | 1.56% | 1.58% | 1.63% | 1.62% |
| ▁▁▁▁▁██▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.00% |
| ▁▁▁▁▁██▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.00% |
| ▇▇█▇█▅▃▁ | Tang. Book Value ($M) | $161 | $162 | $163 | $161 | $163 | $159 | $156 | $153 |
| ▁▁▁▂▄▅▆█ | Gross Loans ($M) | $773 | $781 | $786 | $803 | $832 | $841 | $865 | $907 |
| ▁▁▁▂▄▆▆█ | Total Deposits ($M) | $831 | $832 | $840 | $851 | $872 | $895 | $898 | $925 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 8% |