Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.59% | -0.03 | 0.62% |
| Return on Equity (%) | ▼ | 5.77% | -0.32 | 6.09% |
| Net Interest Margin (%) | ▲ | 2.36% | +0.12 | 2.24% |
| Efficiency Ratio (%) | ▼ | 74.06% | +2.72 | 71.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 3.00% | -0.41 | 3.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $318 | -5.56 | $324 |
| Gross Loans ($M) | ▲ | $243 | +3.23 | $240 |
| Loan Growth YoY (%) | ▲ | 99.67% | +5.28 | 94.40% |
| Total Deposits ($M) | ▼ | $240 | -9.99 | $250 |
| Shareholders Equity ($M) | ▲ | $34 | +1.20 | $33 |
| Tang. Book Value ($M) | ▲ | $34 | +1.20 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +1.27 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 99.67% | +5.28 | 94.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.03 | 0.39% |
| Allowance / Loans (%) | — | 1.55% | -0.02% | 1.57% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.06 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.79% | -0.51 | 15.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▇█ | Net Interest Margin (%) | 2.09% | 2.09% | 2.22% | 2.24% | 2.27% | 2.27% | 2.30% | 2.36% |
| ▂▁▅▇█▇▂▅ | Return on Assets (%) | 0.54% | 0.51% | 0.59% | 0.62% | 0.65% | 0.63% | 0.55% | 0.59% |
| ▅▆▂▂▁▂█▆ | Efficiency Ratio (%) | 73.8% | 74.5% | 71.6% | 71.3% | 70.6% | 71.8% | 76.0% | 74.1% |
| ▇█▅▆▅▃▁▁ | Cost of Funds (%) | 3.47% | 3.55% | 3.28% | 3.41% | 3.29% | 3.18% | 3.04% | 3.00% |
| █▄▂▂▂▁▁▁ | NPA / Assets (%) | 0.50% | 0.42% | 0.39% | 0.39% | 0.38% | 0.37% | 0.37% | 0.36% |
| █▄▃▂▃▂▁▁ | Net Charge-Off Ratio (%) | 0.71% | 0.57% | 0.54% | 0.53% | 0.54% | 0.52% | 0.49% | 0.47% |
| █▅▃▁█▁▁▇ | Tang. Book Value ($M) | $34 | $33 | $33 | $33 | $34 | $33 | $33 | $34 |
| ▁▂▆▇▁▂▅█ | Gross Loans ($M) | $229 | $233 | $238 | $240 | $230 | $231 | $237 | $243 |
| ▅▄█▅▂▄▁▁ | Total Deposits ($M) | $250 | $247 | $259 | $250 | $242 | $248 | $241 | $240 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 26% |