Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.48% | +0.12 | 0.35% |
| Return on Equity (%) | ▲ | 3.29% | +0.90 | 2.39% |
| Net Interest Margin (%) | ▲ | 2.42% | +0.25 | 2.17% |
| Efficiency Ratio (%) | ▲ | 72.59% | -4.68 | 77.26% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▼ | 1.48% | +0.10 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $418 | +23.83 | $394 |
| Gross Loans ($M) | ▲ | $229 | +3.44 | $225 |
| Loan Growth YoY (%) | ▼ | 63.95% | -3.26 | 67.21% |
| Total Deposits ($M) | ▲ | $354 | +22.19 | $331 |
| Shareholders Equity ($M) | ▲ | $60 | +2.06 | $58 |
| Tang. Book Value ($M) | ▲ | $60 | +2.06 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +2.66 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 63.95% | -3.26 | 67.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.00 | 0.10% |
| Allowance / Loans (%) | — | 1.16% | 0.01% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 0.19% | +0.01 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 34.73% | +2.07 | 32.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 1.91% | 1.94% | 2.08% | 2.17% | 2.28% | 2.30% | 2.41% | 2.42% |
| ▁▁▄▅▇▅██ | Return on Assets (%) | 0.24% | 0.21% | 0.32% | 0.35% | 0.42% | 0.37% | 0.48% | 0.48% |
| ▇█▄▄▂▄▁▁ | Efficiency Ratio (%) | 82.2% | 84.5% | 78.2% | 77.3% | 74.3% | 77.4% | 72.4% | 72.6% |
| █▅▂▁▁▆▄█ | Cost of Funds (%) | 1.48% | 1.44% | 1.40% | 1.39% | 1.39% | 1.45% | 1.43% | 1.48% |
| █▇▇▁▁▁▁▁ | NPA / Assets (%) | 0.28% | 0.25% | 0.24% | 0.10% | 0.11% | 0.11% | 0.10% | 0.10% |
| █▇▇▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.47% | 0.42% | 0.41% | 0.17% | 0.19% | 0.19% | 0.19% | 0.19% |
| ▂▁▂▄▆▆▇█ | Tang. Book Value ($M) | $57 | $57 | $57 | $58 | $59 | $59 | $60 | $60 |
| ▆▆▅▁█▁▁▆ | Gross Loans ($M) | $229 | $228 | $228 | $225 | $230 | $226 | $226 | $229 |
| ▁▁▃▃▃▅▇█ | Total Deposits ($M) | $319 | $321 | $329 | $331 | $332 | $340 | $347 | $354 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |