Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.27 | 0.78% |
| Return on Equity (%) | ▲ | 10.68% | +2.21 | 8.47% |
| Net Interest Margin (%) | ▲ | 3.61% | +0.43 | 3.19% |
| Efficiency Ratio (%) | ▲ | 59.14% | -11.29 | 70.43% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.69 | $1 |
| Cost of Funds (%) | ▲ | 1.69% | -0.06 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $552 | +34.70 | $518 |
| Gross Loans ($M) | ▲ | $401 | +21.38 | $380 |
| Loan Growth YoY (%) | ▼ | 81.17% | -0.38 | 81.55% |
| Total Deposits ($M) | ▲ | $490 | +28.05 | $462 |
| Shareholders Equity ($M) | ▲ | $54 | +6.05 | $48 |
| Tang. Book Value ($M) | ▲ | $54 | +6.05 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $60 | +6.69 | $53 |
| Loan / Deposit Ratio (%) | ▼ | 81.17% | -0.38 | 81.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.06 | 0.25% |
| Allowance / Loans (%) | — | 1.00% | 0.04% | 0.96% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.07 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.94% | +0.40 | 14.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▇█ | Net Interest Margin (%) | 2.92% | 2.95% | 3.06% | 3.19% | 3.29% | 3.34% | 3.52% | 3.61% |
| ▁▁▂▃▆▆██ | Return on Assets (%) | 0.66% | 0.70% | 0.74% | 0.78% | 0.95% | 0.94% | 1.09% | 1.06% |
| ███▇▅▄▁▁ | Efficiency Ratio (%) | 73.9% | 72.5% | 72.4% | 70.4% | 66.0% | 64.8% | 57.6% | 59.1% |
| █▇▄▃▂▃▁▁ | Cost of Funds (%) | 1.94% | 1.87% | 1.79% | 1.75% | 1.73% | 1.76% | 1.68% | 1.69% |
| ▇█▃▄▃▂▁▁ | NPA / Assets (%) | 0.29% | 0.31% | 0.23% | 0.25% | 0.23% | 0.21% | 0.20% | 0.20% |
| ▇█▃▄▂▁▁▁ | Net Charge-Off Ratio (%) | 0.41% | 0.43% | 0.32% | 0.34% | 0.30% | 0.28% | 0.28% | 0.27% |
| ▂▁▂▂▅▇██ | Tang. Book Value ($M) | $48 | $47 | $48 | $48 | $52 | $53 | $55 | $54 |
| ▁▂▂▄▆█▇█ | Gross Loans ($M) | $366 | $372 | $374 | $380 | $392 | $398 | $395 | $401 |
| ▂▁▂▂▂▄██ | Total Deposits ($M) | $460 | $452 | $461 | $462 | $457 | $468 | $493 | $490 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 5% |