Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.76% | -0.00 | 0.76% |
| Return on Equity (%) | ▼ | 6.18% | -0.33 | 6.51% |
| Net Interest Margin (%) | ▲ | 2.98% | +0.27 | 2.71% |
| Efficiency Ratio (%) | ▲ | 61.11% | -6.54 | 67.64% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.63% | -0.13 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $679 | +9.94 | $669 |
| Gross Loans ($M) | ▲ | $499 | +17.23 | $482 |
| Loan Growth YoY (%) | ▼ | 86.78% | -0.55 | 87.33% |
| Total Deposits ($M) | ▲ | $571 | +22.95 | $548 |
| Shareholders Equity ($M) | ▲ | $83 | +2.61 | $81 |
| Tang. Book Value ($M) | ▲ | $80 | +2.67 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +2.69 | $84 |
| Loan / Deposit Ratio (%) | ▼ | 86.78% | -0.55 | 87.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.05 | 0.19% |
| Allowance / Loans (%) | — | 0.75% | 0.04% | 0.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.07 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 24.07% | -0.76 | 24.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▆██ | Net Interest Margin (%) | 2.31% | 2.36% | 2.66% | 2.71% | 2.72% | 2.75% | 2.94% | 2.98% |
| █▆▁▂▂▂▁▂ | Return on Assets (%) | 1.34% | 1.16% | 0.63% | 0.76% | 0.78% | 0.76% | 0.70% | 0.76% |
| ▁▂█▇▇▆▄▃ | Efficiency Ratio (%) | 55.7% | 59.0% | 70.6% | 67.6% | 67.4% | 66.5% | 61.9% | 61.1% |
| █▇▅▄▅▄▂▁ | Cost of Funds (%) | 1.91% | 1.84% | 1.80% | 1.76% | 1.80% | 1.75% | 1.68% | 1.63% |
| ██▁▄▄▂▁▇ | NPA / Assets (%) | 0.25% | 0.26% | 0.14% | 0.19% | 0.18% | 0.15% | 0.13% | 0.24% |
| ██▁▄▄▂▁▇ | Net Charge-Off Ratio (%) | 0.35% | 0.36% | 0.20% | 0.26% | 0.25% | 0.21% | 0.18% | 0.33% |
| ▃▁▄▆█▇▇█ | Tang. Book Value ($M) | $75 | $72 | $75 | $78 | $80 | $78 | $79 | $80 |
| ▁▂▃▃▄▄▆█ | Gross Loans ($M) | $472 | $476 | $482 | $482 | $484 | $485 | $492 | $499 |
| ▁▁▂▄▃▆▇█ | Total Deposits ($M) | $527 | $531 | $538 | $548 | $543 | $557 | $561 | $571 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 10% |