Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.14 | 0.67% |
| Return on Equity (%) | ▼ | 3.13% | -1.03 | 4.16% |
| Net Interest Margin (%) | ▲ | 3.07% | +0.17 | 2.90% |
| Efficiency Ratio (%) | ▼ | 77.56% | +7.02 | 70.55% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.54 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.13 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $486 | -0.18 | $486 |
| Gross Loans ($M) | ▲ | $354 | +4.66 | $349 |
| Loan Growth YoY (%) | ▲ | 89.78% | +2.16 | 87.62% |
| Total Deposits ($M) | ▼ | $390 | -4.20 | $395 |
| Shareholders Equity ($M) | ▲ | $82 | +3.79 | $78 |
| Tang. Book Value ($M) | ▲ | $82 | +3.79 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $86 | +3.13 | $83 |
| Loan / Deposit Ratio (%) | ▲ | 89.78% | +2.16 | 87.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.23 | 0.14% |
| Allowance / Loans (%) | — | 1.01% | -0.04% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.26 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 34.30% | +0.48 | 33.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▇█ | Net Interest Margin (%) | 2.84% | 2.83% | 2.81% | 2.90% | 2.97% | 2.99% | 3.04% | 3.07% |
| ▂▁▂▇█▇▇▃ | Return on Assets (%) | 0.52% | 0.47% | 0.51% | 0.67% | 0.71% | 0.67% | 0.65% | 0.53% |
| ▅▇▇▂▁▂▄█ | Efficiency Ratio (%) | 74.2% | 76.1% | 76.0% | 70.5% | 69.5% | 71.3% | 72.8% | 77.6% |
| ██▆▄▄▄▂▁ | Cost of Funds (%) | 1.84% | 1.83% | 1.76% | 1.68% | 1.69% | 1.68% | 1.61% | 1.55% |
| ▅▂▁▁▄▂▄█ | NPA / Assets (%) | 0.27% | 0.20% | 0.15% | 0.14% | 0.25% | 0.19% | 0.23% | 0.37% |
| ▆▃▁▁▅▂▄█ | Net Charge-Off Ratio (%) | 0.37% | 0.27% | 0.22% | 0.20% | 0.34% | 0.26% | 0.32% | 0.46% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $76 | $76 | $77 | $78 | $80 | $81 | $82 | $82 |
| ▁▃▄▆▆▇▇█ | Gross Loans ($M) | $336 | $340 | $344 | $349 | $349 | $351 | $350 | $354 |
| ▁▃▆█▄▅▅▇ | Total Deposits ($M) | $367 | $376 | $385 | $395 | $380 | $383 | $384 | $390 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 17% |