Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.55 | 0.28% |
| Return on Equity (%) | ▲ | 3.42% | +2.19 | 1.23% |
| Net Interest Margin (%) | ▲ | 2.82% | +0.96 | 1.86% |
| Efficiency Ratio (%) | ▲ | 61.74% | -23.16 | 84.90% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.78 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.20 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $545 | -5.65 | $550 |
| Gross Loans ($M) | ▲ | $299 | +14.76 | $284 |
| Loan Growth YoY (%) | ▲ | 77.27% | +4.08 | 73.20% |
| Total Deposits ($M) | ▼ | $383 | -1.20 | $385 |
| Shareholders Equity ($M) | ▲ | $135 | +5.84 | $130 |
| Tang. Book Value ($M) | ▲ | $135 | +5.84 | $130 |
| TBV excl. AOCI ($M)** | ▲ | $144 | +4.95 | $139 |
| Loan / Deposit Ratio (%) | ▲ | 77.27% | +4.08 | 73.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.52% | -0.13 | 0.65% |
| Allowance / Loans (%) | — | 0.97% | -0.05% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.95% | -0.31 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▁▁▂█ | Net Interest Margin (%) | 1.89% | 1.83% | 1.85% | 1.86% | 1.90% | 1.94% | 2.03% | 2.82% |
| ▂▂▁▂▂▂▂█ | Return on Assets (%) | 0.33% | 0.32% | 0.16% | 0.28% | 0.30% | 0.29% | 0.33% | 0.84% |
| ▇▇█▆▇▇▆▁ | Efficiency Ratio (%) | 86.0% | 85.7% | 92.9% | 84.9% | 85.2% | 86.1% | 82.5% | 61.7% |
| ██▆▅▄▂▁▁ | Cost of Funds (%) | 2.02% | 2.02% | 1.88% | 1.85% | 1.79% | 1.69% | 1.61% | 1.65% |
| ▅▅▄▅███▁ | NPA / Assets (%) | 0.67% | 0.65% | 0.63% | 0.65% | 0.74% | 0.76% | 0.73% | 0.52% |
| ▇▆▅▅███▁ | Net Charge-Off Ratio (%) | 1.33% | 1.28% | 1.26% | 1.25% | 1.42% | 1.44% | 1.38% | 0.95% |
| ▃▁▂▃▆▇▇█ | Tang. Book Value ($M) | $130 | $126 | $128 | $130 | $132 | $133 | $133 | $135 |
| ▁▁▁▃▂▄▆█ | Gross Loans ($M) | $278 | $281 | $279 | $284 | $283 | $288 | $293 | $299 |
| ▁▅█▅▃▅█▄ | Total Deposits ($M) | $376 | $385 | $391 | $385 | $380 | $386 | $393 | $383 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 11% |