Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.29% | +0.11 | 0.17% |
| Return on Equity (%) | ▲ | 1.94% | +0.64 | 1.30% |
| Net Interest Margin (%) | ▲ | 2.02% | +0.36 | 1.66% |
| Efficiency Ratio (%) | ▲ | 81.99% | -10.39 | 92.38% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.64 | $0 |
| Cost of Funds (%) | ▲ | 2.67% | -0.32 | 2.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $872 | -50.48 | $922 |
| Gross Loans ($M) | ▼ | $640 | -55.75 | $696 |
| Loan Growth YoY (%) | ▲ | 110.40% | +1.71 | 108.69% |
| Total Deposits ($M) | ▼ | $578 | -60.37 | $638 |
| Shareholders Equity ($M) | ▲ | $133 | +5.23 | $127 |
| Tang. Book Value ($M) | ▲ | $132 | +5.27 | $127 |
| TBV excl. AOCI ($M)** | ▲ | $139 | +5.06 | $134 |
| Loan / Deposit Ratio (%) | ▲ | 110.40% | +1.71 | 108.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.16% | +1.65 | 1.50% |
| Allowance / Loans (%) | — | 0.40% | 0.03% | 0.37% |
| Net Charge-Off Ratio (%) | ▼ | 4.30% | +2.31 | 1.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆█▇ | Net Interest Margin (%) | 1.17% | 1.15% | 1.62% | 1.66% | 1.71% | 1.78% | 2.16% | 2.02% |
| ▁▁█▇▇▇██ | Return on Assets (%) | -0.20% | -0.26% | 0.28% | 0.17% | 0.17% | 0.19% | 0.29% | 0.29% |
| █▁▃▄▃▃▂▂ | Efficiency Ratio (%) | 126.4% | 71.2% | 87.6% | 92.4% | 91.7% | 89.9% | 80.7% | 82.0% |
| ██▆▄▄▄▂▁ | Cost of Funds (%) | 3.29% | 3.37% | 3.19% | 2.99% | 2.95% | 2.99% | 2.80% | 2.67% |
| ▁▃▁▁▄▁▁█ | NPA / Assets (%) | 1.37% | 2.00% | 1.45% | 1.50% | 2.21% | 1.45% | 1.50% | 3.16% |
| ▁▃▁▁▄▁▁█ | Net Charge-Off Ratio (%) | 1.89% | 2.72% | 1.92% | 1.99% | 3.04% | 2.01% | 2.04% | 4.30% |
| ▁▁▃▃▅▆▇█ | Tang. Book Value ($M) | $125 | $126 | $127 | $127 | $129 | $130 | $131 | $132 |
| ██▇▆▄▂▁▁ | Gross Loans ($M) | $712 | $715 | $705 | $696 | $672 | $651 | $642 | $640 |
| ▇█▇▆██▃▁ | Total Deposits ($M) | $640 | $652 | $643 | $638 | $654 | $659 | $607 | $578 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 30% |