Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.55% | -0.17 | 0.72% |
| Return on Equity (%) | ▼ | 4.84% | -0.50 | 5.34% |
| Net Interest Margin (%) | ▼ | 3.53% | -0.96 | 4.49% |
| Efficiency Ratio (%) | ▼ | 80.36% | +1.91 | 78.45% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.15 | $1 |
| Cost of Funds (%) | ▼ | 2.06% | +0.25 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $356 | +69.71 | $286 |
| Gross Loans ($M) | ▲ | $234 | +8.40 | $226 |
| Loan Growth YoY (%) | ▼ | 74.93% | -18.12 | 93.05% |
| Total Deposits ($M) | ▲ | $307 | +69.00 | $238 |
| Shareholders Equity ($M) | ▲ | $39 | +1.52 | $37 |
| Tang. Book Value ($M) | ▲ | $39 | +1.52 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 74.93% | -18.12 | 93.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.48% | -0.29 | 0.77% |
| Allowance / Loans (%) | — | 1.97% | -0.18% | 2.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.73% | -0.25 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.88% | -1.10 | 18.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇███▇▁▁ | Net Interest Margin (%) | 4.45% | 4.39% | 4.49% | 4.49% | 4.53% | 4.35% | 3.56% | 3.53% |
| ██▃▅▇▅▁▁ | Return on Assets (%) | 0.80% | 0.82% | 0.63% | 0.72% | 0.77% | 0.70% | 0.55% | 0.55% |
| ▁▃█▁▅▅▆▆ | Efficiency Ratio (%) | 78.7% | 79.5% | 81.5% | 78.5% | 80.2% | 80.0% | 80.5% | 80.4% |
| ▃█▁▃▃███ | Cost of Funds (%) | 1.81% | 2.03% | 1.71% | 1.81% | 1.84% | 2.02% | 2.02% | 2.06% |
| █▇▇▅▁▁▃▃ | NPA / Assets (%) | 1.18% | 0.97% | 0.99% | 0.77% | 0.26% | 0.25% | 0.52% | 0.48% |
| █▇▇▅▁▁▄▃ | Net Charge-Off Ratio (%) | 1.44% | 1.19% | 1.20% | 0.98% | 0.35% | 0.35% | 0.77% | 0.73% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $36 | $36 | $37 | $37 | $38 | $38 | $38 | $39 |
| ▂▁▃▅▄▄▅█ | Gross Loans ($M) | $220 | $217 | $222 | $226 | $225 | $225 | $227 | $234 |
| ▁▁▁▂▄▅▇█ | Total Deposits ($M) | $225 | $218 | $225 | $238 | $259 | $267 | $291 | $307 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 17% |