Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.41 | 0.53% |
| Return on Equity (%) | ▲ | 3.89% | +1.68 | 2.21% |
| Net Interest Margin (%) | ▲ | 2.97% | +0.48 | 2.49% |
| Efficiency Ratio (%) | ▲ | 56.76% | -10.00 | 66.76% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.54 | $1 |
| Cost of Funds (%) | ▲ | 1.97% | -0.14 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $598 | +22.55 | $575 |
| Gross Loans ($M) | ▲ | $483 | +22.05 | $460 |
| Loan Growth YoY (%) | ▲ | 107.93% | +1.02 | 106.91% |
| Total Deposits ($M) | ▲ | $444 | +16.26 | $428 |
| Shareholders Equity ($M) | ▲ | $144 | +5.77 | $139 |
| Tang. Book Value ($M) | ▲ | $144 | +5.77 | $139 |
| TBV excl. AOCI ($M)** | ▲ | $146 | +5.33 | $141 |
| Loan / Deposit Ratio (%) | ▲ | 107.93% | +1.02 | 106.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.07 | 0.45% |
| Allowance / Loans (%) | — | 0.69% | -0.00% | 0.69% |
| Net Charge-Off Ratio (%) | ▼ | 0.64% | +0.08 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 42.39% | +42.39 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄█▇ | Net Interest Margin (%) | 2.26% | 2.24% | 2.42% | 2.49% | 2.55% | 2.61% | 3.15% | 2.97% |
| ▃▂▁▁▃▃█▆ | Return on Assets (%) | 0.70% | 0.65% | 0.60% | 0.53% | 0.70% | 0.73% | 1.11% | 0.94% |
| ▇█▇█▆▆▁▃ | Efficiency Ratio (%) | 65.0% | 67.1% | 64.6% | 66.8% | 63.3% | 62.1% | 53.0% | 56.8% |
| █▇▄▄▄▃▁▁ | Cost of Funds (%) | 2.35% | 2.29% | 2.14% | 2.10% | 2.10% | 2.05% | 1.96% | 1.97% |
| ▆▇▆▄▁▄██ | NPA / Assets (%) | 0.48% | 0.50% | 0.49% | 0.45% | 0.38% | 0.44% | 0.53% | 0.52% |
| ▇█▇▄▁▄██ | Net Charge-Off Ratio (%) | 0.63% | 0.65% | 0.63% | 0.56% | 0.46% | 0.54% | 0.66% | 0.64% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $136 | $136 | $137 | $139 | $140 | $142 | $143 | $144 |
| ▁▂▃▅▇█▇█ | Gross Loans ($M) | $427 | $439 | $443 | $460 | $470 | $478 | $472 | $483 |
| ▁▄▄▃▃▆▇█ | Total Deposits ($M) | $420 | $430 | $430 | $428 | $428 | $435 | $438 | $444 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 15% |