Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.19 | 0.95% |
| Return on Equity (%) | ▲ | 2.71% | +0.44 | 2.27% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.47 | 2.82% |
| Efficiency Ratio (%) | ▲ | 48.63% | -0.37 | 49.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.05% | -0.05 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $326 | +9.29 | $317 |
| Gross Loans ($M) | ▲ | $178 | +14.83 | $163 |
| Loan Growth YoY (%) | ▲ | 94.03% | +5.27 | 88.76% |
| Total Deposits ($M) | ▲ | $188 | +5.55 | $182 |
| Shareholders Equity ($M) | ▲ | $137 | +3.75 | $133 |
| Tang. Book Value ($M) | ▲ | $137 | +3.75 | $133 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +3.00 | $139 |
| Loan / Deposit Ratio (%) | ▲ | 94.03% | +5.27 | 88.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.13 | 0.07% |
| Allowance / Loans (%) | — | 0.84% | -0.08% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.25% | +0.24 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.30% | 2.37% | 2.70% | 2.82% | 2.92% | 2.99% | 3.26% | 3.29% |
| ▁▁▃▅▆▇██ | Return on Assets (%) | 0.68% | 0.70% | 0.84% | 0.95% | 1.02% | 1.07% | 1.17% | 1.14% |
| ▇█▃▂▁▁▁▂ | Efficiency Ratio (%) | 55.6% | 56.9% | 49.9% | 49.0% | 48.1% | 48.3% | 47.0% | 48.6% |
| ██▃▃▃▄▂▁ | Cost of Funds (%) | 1.23% | 1.21% | 1.11% | 1.10% | 1.10% | 1.13% | 1.08% | 1.05% |
| ▇▆█▁▄▁▁█ | NPA / Assets (%) | 0.17% | 0.15% | 0.18% | 0.07% | 0.12% | 0.07% | 0.07% | 0.20% |
| ▃▂▄▁▄▁▁█ | Net Charge-Off Ratio (%) | 0.08% | 0.05% | 0.10% | 0.00% | 0.10% | 0.00% | 0.00% | 0.25% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $131 | $132 | $133 | $133 | $134 | $135 | $136 | $137 |
| ▁▂▃▄▆▇▇█ | Gross Loans ($M) | $154 | $157 | $160 | $163 | $169 | $174 | $174 | $178 |
| ▅▁▁▁▄▁▇█ | Total Deposits ($M) | $185 | $182 | $182 | $182 | $184 | $183 | $187 | $188 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 88% |
| Brokered / Other | 10% |