Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.33% | +0.14 | 3.19% |
| Return on Equity (%) | ▼ | 48.97% | -0.56 | 49.53% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.05 | 4.23% |
| Efficiency Ratio (%) | ▼ | 38.93% | +1.66 | 37.27% |
| Pre-Provision Profit ($M) | ▲ | $11 | +0.35 | $10 |
| Cost of Funds (%) | ▲ | 0.05% | -0.25 | 0.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $911 | -15.10 | $926 |
| Gross Loans ($M) | — | $0 | 0.00 | $0 |
| Loan Growth YoY (%) | — | 0.00% | 0.00 | 0.00% |
| Total Deposits ($M) | ▼ | $850 | -1.49 | $852 |
| Shareholders Equity ($M) | ▼ | $53 | -13.12 | $66 |
| Tang. Book Value ($M) | ▼ | $53 | -13.12 | $66 |
| TBV excl. AOCI ($M)** | ▼ | $89 | -14.14 | $103 |
| Loan / Deposit Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.00% | — | 0.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 38.50% | -2.64 | 41.14% |
Noninterest income ($7.68M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▃▃▂▂ | Net Interest Margin (%) | 4.80% | 4.73% | 4.11% | 4.23% | 4.32% | 4.36% | 4.25% | 4.28% |
| ██▁▃▄▃▃▅ | Return on Assets (%) | 3.51% | 3.53% | 3.07% | 3.19% | 3.25% | 3.24% | 3.24% | 3.33% |
| ▁▁▆▅▄▄██ | Efficiency Ratio (%) | 35.3% | 35.7% | 38.0% | 37.3% | 37.1% | 37.2% | 39.2% | 38.9% |
| █▆█▇▆▂▁▁ | Cost of Funds (%) | 0.32% | 0.25% | 0.35% | 0.30% | 0.26% | 0.09% | 0.05% | 0.05% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▅▆█▇▆▂ | Tang. Book Value ($M) | $55 | $49 | $62 | $66 | $72 | $69 | $66 | $53 |
| ▄▄▄▄▄▄▄▄ | Gross Loans ($M) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| ▁▆██▄▃▅▇ | Total Deposits ($M) | $845 | $850 | $852 | $852 | $848 | $847 | $848 | $850 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 100% |