Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.33% | +0.13 | 0.20% |
| Return on Equity (%) | ▲ | 3.01% | +1.18 | 1.83% |
| Net Interest Margin (%) | ▲ | 2.63% | +0.19 | 2.44% |
| Efficiency Ratio (%) | ▲ | 84.79% | -4.65 | 89.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▼ | 1.88% | +0.04 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $545 | +16.72 | $528 |
| Gross Loans ($M) | ▲ | $466 | +2.36 | $464 |
| Loan Growth YoY (%) | ▼ | 102.75% | -11.72 | 114.47% |
| Total Deposits ($M) | ▲ | $452 | +48.26 | $403 |
| Shareholders Equity ($M) | ▲ | $60 | +2.48 | $57 |
| Tang. Book Value ($M) | ▲ | $58 | +2.71 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +2.60 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 102.75% | -11.72 | 114.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.14 | 0.20% |
| Allowance / Loans (%) | — | 0.46% | 0.01% | 0.45% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.17 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▄▆▆▇█ | Net Interest Margin (%) | 2.43% | 2.40% | 2.31% | 2.44% | 2.51% | 2.54% | 2.59% | 2.63% |
| ▄▃▁▃▆█▇█ | Return on Assets (%) | 0.23% | 0.19% | 0.13% | 0.20% | 0.27% | 0.33% | 0.29% | 0.33% |
| ▅▇█▅▁▁▂▁ | Efficiency Ratio (%) | 90.3% | 91.9% | 94.0% | 89.4% | 85.8% | 84.7% | 86.4% | 84.8% |
| ▁▅█▁▁▃▂▂ | Cost of Funds (%) | 1.85% | 1.97% | 2.09% | 1.84% | 1.84% | 1.92% | 1.88% | 1.88% |
| ▇▃▁▄████ | NPA / Assets (%) | 0.31% | 0.18% | 0.08% | 0.20% | 0.35% | 0.34% | 0.38% | 0.34% |
| ▆▃▁▄▇▇█▇ | Net Charge-Off Ratio (%) | 0.35% | 0.21% | 0.10% | 0.23% | 0.39% | 0.40% | 0.44% | 0.40% |
| ▂▁▂▂▅▇▇█ | Tang. Book Value ($M) | $55 | $54 | $55 | $55 | $57 | $57 | $58 | $58 |
| ▁▂▃▆█▇▆▇ | Gross Loans ($M) | $443 | $448 | $454 | $464 | $472 | $466 | $464 | $466 |
| ▁▃▄▄▆▇██ | Total Deposits ($M) | $371 | $395 | $407 | $403 | $422 | $433 | $445 | $452 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 9% |