Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.44% | +0.04 | 0.40% |
| Return on Equity (%) | ▲ | 4.01% | +0.14 | 3.87% |
| Net Interest Margin (%) | ▲ | 2.80% | +0.16 | 2.64% |
| Efficiency Ratio (%) | ▲ | 80.35% | -2.50 | 82.84% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.04 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $589 | -20.79 | $610 |
| Gross Loans ($M) | ▼ | $419 | -30.42 | $449 |
| Loan Growth YoY (%) | ▼ | 101.98% | -3.95 | 105.92% |
| Total Deposits ($M) | ▼ | $406 | -13.29 | $420 |
| Shareholders Equity ($M) | ▲ | $64 | +2.74 | $62 |
| Tang. Book Value ($M) | ▲ | $63 | +2.88 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +2.31 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 101.98% | -3.95 | 105.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.06 | 0.23% |
| Allowance / Loans (%) | — | 1.07% | 0.00% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.25% | -0.07 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.91% | +1.38 | 13.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▇█▇█ | Net Interest Margin (%) | 2.34% | 2.40% | 2.63% | 2.64% | 2.71% | 2.75% | 2.71% | 2.80% |
| ▁▂▅▇████ | Return on Assets (%) | 0.02% | 0.09% | 0.31% | 0.40% | 0.45% | 0.49% | 0.48% | 0.44% |
| █▇▃▂▁▁▁▁ | Efficiency Ratio (%) | 98.7% | 95.5% | 84.2% | 82.8% | 80.2% | 79.2% | 81.0% | 80.3% |
| █▃▂▃▄▆▂▁ | Cost of Funds (%) | 2.17% | 2.06% | 2.03% | 2.05% | 2.08% | 2.13% | 2.03% | 2.00% |
| ▁█▆▅▄▃▃▁ | NPA / Assets (%) | 0.17% | 0.30% | 0.26% | 0.23% | 0.22% | 0.21% | 0.21% | 0.18% |
| ▁█▆▅▄▃▃▁ | Net Charge-Off Ratio (%) | 0.23% | 0.40% | 0.36% | 0.32% | 0.30% | 0.28% | 0.29% | 0.25% |
| ▃▁▃▄▆███ | Tang. Book Value ($M) | $59 | $58 | $59 | $60 | $62 | $63 | $64 | $63 |
| ▁▃▆███▆▃ | Gross Loans ($M) | $402 | $419 | $434 | $449 | $449 | $445 | $432 | $419 |
| ▅▃▁▇█▃▂▃ | Total Deposits ($M) | $411 | $406 | $398 | $420 | $423 | $405 | $403 | $406 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 8% |