Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.41% | +0.18 | 0.23% |
| Return on Equity (%) | ▲ | 1.74% | +0.73 | 1.01% |
| Net Interest Margin (%) | ▲ | 2.74% | +0.33 | 2.41% |
| Efficiency Ratio (%) | ▲ | 82.63% | -4.06 | 86.69% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▼ | 1.20% | +0.04 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $869 | +7.57 | $861 |
| Gross Loans ($M) | ▼ | $543 | -13.42 | $556 |
| Loan Growth YoY (%) | ▼ | 82.18% | -2.42 | 84.60% |
| Total Deposits ($M) | ▲ | $657 | +3.32 | $653 |
| Shareholders Equity ($M) | ▲ | $203 | +4.81 | $198 |
| Tang. Book Value ($M) | ▲ | $203 | +4.82 | $198 |
| TBV excl. AOCI ($M)** | ▲ | $217 | +6.13 | $211 |
| Loan / Deposit Ratio (%) | ▼ | 82.18% | -2.42 | 84.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 0.52% | -0.04% | 0.56% |
| Net Charge-Off Ratio (%) | — | 0.04% | 0.00 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 60.82% | +10.07 | 50.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.05% | 2.07% | 2.37% | 2.41% | 2.47% | 2.53% | 2.80% | 2.74% |
| ▁▁▂▄▅▆██ | Return on Assets (%) | 0.05% | 0.05% | 0.13% | 0.23% | 0.25% | 0.30% | 0.44% | 0.41% |
| ██▆▃▃▂▁▁ | Efficiency Ratio (%) | 97.1% | 97.2% | 92.4% | 86.7% | 86.7% | 86.2% | 83.0% | 82.6% |
| ██▄▃▂▂▁▅ | Cost of Funds (%) | 1.28% | 1.26% | 1.19% | 1.16% | 1.15% | 1.14% | 1.11% | 1.20% |
| ▅█▃▁▁▁▁▁ | NPA / Assets (%) | 0.11% | 0.20% | 0.07% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| ▅█▃▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.17% | 0.30% | 0.10% | 0.04% | 0.03% | 0.02% | 0.03% | 0.04% |
| ▃▁▃▅▇███ | Tang. Book Value ($M) | $195 | $192 | $195 | $198 | $200 | $202 | $202 | $203 |
| ██▆▅▄▅▃▁ | Gross Loans ($M) | $565 | $564 | $559 | $556 | $552 | $555 | $548 | $543 |
| ▁█▅▅▅▁▂▇ | Total Deposits ($M) | $644 | $660 | $652 | $653 | $654 | $645 | $646 | $657 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 7% |