Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.02 | 0.75% |
| Return on Equity (%) | ▼ | 4.99% | -0.23 | 5.22% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.24 | 2.82% |
| Efficiency Ratio (%) | ▲ | 64.64% | -0.67 | 65.31% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.08 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $208 | +0.10 | $208 |
| Gross Loans ($M) | ▲ | $112 | +6.02 | $106 |
| Loan Growth YoY (%) | ▲ | 64.48% | +4.25 | 60.23% |
| Total Deposits ($M) | ▼ | $173 | -2.27 | $175 |
| Shareholders Equity ($M) | ▲ | $33 | +2.48 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +2.53 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.12 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 64.48% | +4.25 | 60.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.15% | +0.04 | 0.11% |
| Allowance / Loans (%) | — | 0.77% | 0.00% | 0.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.07 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 31.90% | +0.73 | 31.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 2.66% | 2.66% | 2.73% | 2.82% | 2.87% | 2.89% | 2.96% | 3.06% |
| ▂▁▂▆▇█▅▆ | Return on Assets (%) | 0.57% | 0.50% | 0.59% | 0.75% | 0.80% | 0.89% | 0.70% | 0.77% |
| ▅█▄▁▁▁▁▁ | Efficiency Ratio (%) | 72.8% | 79.2% | 69.5% | 65.3% | 65.3% | 63.3% | 64.3% | 64.6% |
| ▅█▆▅██▃▁ | Cost of Funds (%) | 1.57% | 1.63% | 1.58% | 1.56% | 1.63% | 1.62% | 1.53% | 1.48% |
| █▆▆▁▁▂▄▄ | NPA / Assets (%) | 0.21% | 0.18% | 0.17% | 0.11% | 0.11% | 0.12% | 0.15% | 0.15% |
| █▆▆▁▁▁▃▃ | Net Charge-Off Ratio (%) | 0.44% | 0.36% | 0.36% | 0.21% | 0.20% | 0.23% | 0.29% | 0.28% |
| ▃▁▂▄▆▇██ | Tang. Book Value ($M) | $29 | $28 | $29 | $30 | $31 | $32 | $32 | $32 |
| ▁▁▃▆▇▇▇█ | Gross Loans ($M) | $96 | $97 | $100 | $106 | $110 | $110 | $110 | $112 |
| ▁▁▆█▃▆█▆ | Total Deposits ($M) | $166 | $167 | $173 | $175 | $169 | $172 | $176 | $173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 8% |