Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.07% | +0.14 | -0.07% |
| Return on Equity (%) | ▲ | 0.83% | +1.65 | -0.82% |
| Net Interest Margin (%) | ▲ | 2.55% | +0.07 | 2.49% |
| Efficiency Ratio (%) | ▼ | 96.22% | +0.49 | 95.73% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -0.34 | $0 |
| Cost of Funds (%) | ▲ | 2.83% | -0.38 | 3.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $402 | +5.70 | $397 |
| Gross Loans ($M) | ▲ | $215 | +26.34 | $188 |
| Loan Growth YoY (%) | ▲ | 63.32% | +8.80 | 54.52% |
| Total Deposits ($M) | ▼ | $336 | -6.62 | $343 |
| Shareholders Equity ($M) | ▲ | $33 | +0.57 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +0.57 | $32 |
| TBV excl. AOCI ($M)** | ▼ | $41 | -0.76 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 63.32% | +8.80 | 54.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.23% | +0.20 | 0.03% |
| Allowance / Loans (%) | — | 0.87% | 0.08% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.14 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.33% | +0.18 | 14.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆██▅█ | Net Interest Margin (%) | 2.24% | 2.29% | 2.38% | 2.49% | 2.55% | 2.58% | 2.41% | 2.55% |
| ▃▁▅▇▇██▇ | Return on Assets (%) | -0.69% | -1.22% | -0.29% | -0.07% | 0.06% | 0.12% | 0.27% | 0.07% |
| █▇▄▂▁▁▁▂ | Efficiency Ratio (%) | 129.7% | 123.2% | 104.9% | 95.7% | 92.0% | 89.7% | 89.5% | 96.2% |
| ▅█▄▆██▄▁ | Cost of Funds (%) | 3.16% | 3.35% | 3.07% | 3.21% | 3.40% | 3.37% | 3.10% | 2.83% |
| ▅▅▅▁▄▂█▆ | NPA / Assets (%) | 0.19% | 0.19% | 0.21% | 0.03% | 0.16% | 0.09% | 0.32% | 0.23% |
| █▇█▁▆▃▇▃ | Net Charge-Off Ratio (%) | 0.45% | 0.41% | 0.46% | 0.06% | 0.32% | 0.18% | 0.37% | 0.20% |
| ▁▇▅▄▇█▇▇ | Tang. Book Value ($M) | $31 | $33 | $33 | $32 | $33 | $33 | $33 | $33 |
| ▁▂▄▆▆▇██ | Gross Loans ($M) | $135 | $150 | $168 | $188 | $194 | $201 | $207 | $215 |
| ▁▄▅██▆▇█ | Total Deposits ($M) | $251 | $293 | $306 | $343 | $343 | $320 | $320 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 15% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 45% |