Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.16% | +0.15 | 0.01% |
| Return on Equity (%) | ▲ | 1.66% | +1.52 | 0.14% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.28 | 3.22% |
| Efficiency Ratio (%) | ▲ | 94.15% | -6.08 | 100.23% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.22 | $0 |
| Cost of Funds (%) | ▲ | 1.26% | -0.16 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $311 | +7.54 | $304 |
| Gross Loans ($M) | ▼ | $239 | -0.65 | $240 |
| Loan Growth YoY (%) | ▼ | 94.74% | -12.44 | 107.18% |
| Total Deposits ($M) | ▲ | $251 | +28.56 | $223 |
| Shareholders Equity ($M) | ▲ | $30 | +0.43 | $29 |
| Tang. Book Value ($M) | ▲ | $30 | +0.43 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +0.29 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 94.74% | -12.44 | 107.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 0.57% | 0.00% | 0.57% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.04 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.48% | +0.58 | 15.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▄▆██ | Net Interest Margin (%) | 3.13% | 3.17% | 3.15% | 3.22% | 3.29% | 3.37% | 3.49% | 3.50% |
| ▁▁▄▄▅▆▆█ | Return on Assets (%) | -0.12% | -0.09% | -0.01% | 0.01% | 0.02% | 0.06% | 0.07% | 0.16% |
| ██▅▅▄▃▃▁ | Efficiency Ratio (%) | 106.2% | 104.7% | 101.5% | 100.2% | 99.0% | 97.5% | 97.6% | 94.2% |
| ▆▆██▅▁▁▁ | Cost of Funds (%) | 1.36% | 1.37% | 1.40% | 1.42% | 1.36% | 1.26% | 1.27% | 1.26% |
| █▃▃▁▁▂▂▁ | NPA / Assets (%) | 0.25% | 0.08% | 0.08% | 0.03% | 0.03% | 0.05% | 0.05% | 0.00% |
| █▁▁▂▂▃▃▁ | Net Charge-Off Ratio (%) | 0.22% | 0.00% | 0.00% | 0.04% | 0.04% | 0.06% | 0.06% | 0.00% |
| ▁▁▁▂▂▄▅█ | Tang. Book Value ($M) | $29 | $29 | $29 | $29 | $29 | $30 | $30 | $30 |
| ▁▃▅▄▇██▃ | Gross Loans ($M) | $238 | $239 | $241 | $240 | $242 | $243 | $243 | $239 |
| ▁▁▂▁▅▅▅█ | Total Deposits ($M) | $219 | $223 | $226 | $223 | $239 | $237 | $239 | $251 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 16% |