Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.15% | +0.16 | -0.01% |
| Return on Equity (%) | ▲ | 0.99% | +1.08 | -0.09% |
| Net Interest Margin (%) | ▲ | 1.84% | +0.30 | 1.54% |
| Efficiency Ratio (%) | ▲ | 90.80% | -11.28 | 102.08% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.45 | $-0 |
| Cost of Funds (%) | ▲ | 1.59% | -0.24 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $787 | -12.76 | $800 |
| Gross Loans ($M) | ▼ | $354 | -15.00 | $369 |
| Loan Growth YoY (%) | ▼ | 52.83% | -1.16 | 53.99% |
| Total Deposits ($M) | ▼ | $667 | -13.29 | $680 |
| Shareholders Equity ($M) | ▲ | $118 | +0.81 | $117 |
| Tang. Book Value ($M) | ▲ | $117 | +0.85 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $134 | +1.14 | $133 |
| Loan / Deposit Ratio (%) | ▼ | 52.83% | -1.16 | 53.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.01 | 0.02% |
| Allowance / Loans (%) | — | 0.52% | -0.01% | 0.53% |
| Net Charge-Off Ratio (%) | ▼ | 0.06% | +0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 38.89% | +1.22 | 37.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▅██ | Net Interest Margin (%) | 1.36% | 1.34% | 1.45% | 1.54% | 1.58% | 1.62% | 1.78% | 1.84% |
| ▂▁▄▃▄▄██ | Return on Assets (%) | -0.05% | -0.09% | 0.01% | -0.01% | 0.02% | 0.02% | 0.16% | 0.15% |
| ▇█▅▅▄▄▁▁ | Efficiency Ratio (%) | 107.2% | 110.3% | 100.4% | 102.1% | 99.4% | 99.2% | 89.7% | 90.8% |
| ██▆▄▃▂▁▁ | Cost of Funds (%) | 2.10% | 2.13% | 1.97% | 1.84% | 1.78% | 1.72% | 1.62% | 1.59% |
| ▇▃▄▁▂█▂▂ | NPA / Assets (%) | 0.06% | 0.03% | 0.04% | 0.02% | 0.02% | 0.06% | 0.03% | 0.03% |
| ▇▃▄▁▂█▂▂ | Net Charge-Off Ratio (%) | 0.12% | 0.07% | 0.08% | 0.04% | 0.05% | 0.14% | 0.06% | 0.06% |
| ▄▁▁▁▂▃▆█ | Tang. Book Value ($M) | $117 | $116 | $117 | $116 | $117 | $117 | $117 | $117 |
| █▇▆▅▅▃▁▁ | Gross Loans ($M) | $380 | $376 | $372 | $369 | $368 | $361 | $356 | $354 |
| ▅█▇▄▅▂▃▁ | Total Deposits ($M) | $686 | $698 | $691 | $680 | $683 | $674 | $677 | $667 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 10% |