Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.81% | +0.24 | 0.57% |
| Return on Equity (%) | ▲ | 6.24% | +1.57 | 4.67% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.43 | 3.50% |
| Efficiency Ratio (%) | ▲ | 66.15% | -9.72 | 75.87% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.70 | $1 |
| Cost of Funds (%) | ▲ | 1.04% | -0.19 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $622 | -1.95 | $624 |
| Gross Loans ($M) | ▲ | $492 | +6.57 | $486 |
| Loan Growth YoY (%) | ▲ | 90.44% | +2.31 | 88.13% |
| Total Deposits ($M) | ▼ | $537 | -7.06 | $544 |
| Shareholders Equity ($M) | ▲ | $82 | +5.24 | $77 |
| Tang. Book Value ($M) | ▲ | $82 | +5.27 | $77 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +4.69 | $79 |
| Loan / Deposit Ratio (%) | ▲ | 90.44% | +2.31 | 88.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -0.18 | 0.71% |
| Allowance / Loans (%) | — | 1.40% | 0.06% | 1.34% |
| Net Charge-Off Ratio (%) | ▲ | 0.63% | -0.28 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▃▄▇█ | Net Interest Margin (%) | 3.31% | 3.33% | 3.49% | 3.50% | 3.52% | 3.56% | 3.84% | 3.93% |
| ▁▁▄▄▄▄██ | Return on Assets (%) | 0.40% | 0.38% | 0.55% | 0.57% | 0.58% | 0.59% | 0.78% | 0.81% |
| ██▇▆▆▆▁▁ | Efficiency Ratio (%) | 77.8% | 79.5% | 77.0% | 75.9% | 75.7% | 75.6% | 65.8% | 66.2% |
| ▇▇▆▇█▇▂▁ | Cost of Funds (%) | 1.22% | 1.23% | 1.19% | 1.23% | 1.27% | 1.23% | 1.09% | 1.04% |
| ▁▅▄█▆█▅▃ | NPA / Assets (%) | 0.44% | 0.58% | 0.58% | 0.71% | 0.62% | 0.68% | 0.58% | 0.53% |
| ▁▄▄█▆▇▄▂ | Net Charge-Off Ratio (%) | 0.55% | 0.72% | 0.72% | 0.91% | 0.80% | 0.86% | 0.71% | 0.63% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $74 | $74 | $75 | $77 | $78 | $79 | $81 | $82 |
| ▅█▃▂▂▁▁█ | Gross Loans ($M) | $488 | $492 | $487 | $486 | $485 | $484 | $484 | $492 |
| ▁▁▆██▆█▆ | Total Deposits ($M) | $514 | $512 | $534 | $544 | $547 | $535 | $545 | $537 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 10% |