Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.04 | 1.26% |
| Return on Equity (%) | ▼ | 10.00% | -1.61 | 11.61% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.15 | 4.31% |
| Efficiency Ratio (%) | ▼ | 62.14% | +1.49 | 60.65% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.22 | $4 |
| Cost of Funds (%) | ▲ | 1.53% | -0.34 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $658 | -16.62 | $675 |
| Gross Loans ($M) | ▼ | $522 | -13.67 | $536 |
| Loan Growth YoY (%) | ▲ | 101.13% | +5.03 | 96.11% |
| Total Deposits ($M) | ▼ | $510 | -41.67 | $551 |
| Shareholders Equity ($M) | ▲ | $82 | +7.99 | $74 |
| Tang. Book Value ($M) | ▲ | $82 | +7.99 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +8.05 | $79 |
| Loan / Deposit Ratio (%) | ▲ | 101.13% | +5.03 | 96.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.42% | +0.69 | 0.73% |
| Allowance / Loans (%) | — | 1.28% | 0.17% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 1.79% | +0.88 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▂█ | Net Interest Margin (%) | 4.07% | 4.10% | 4.17% | 4.31% | 4.35% | 4.38% | 4.15% | 4.46% |
| ▁▁▂▇▇█▁▆ | Return on Assets (%) | 1.02% | 1.02% | 1.07% | 1.26% | 1.26% | 1.32% | 1.01% | 1.23% |
| ██▇▂▁▁▇▄ | Efficiency Ratio (%) | 65.6% | 64.9% | 64.3% | 60.7% | 59.4% | 59.9% | 64.7% | 62.1% |
| █▆▅▅▄▄▂▁ | Cost of Funds (%) | 2.15% | 1.99% | 1.90% | 1.87% | 1.84% | 1.82% | 1.63% | 1.53% |
| ▁▁▂▃▄▆██ | NPA / Assets (%) | 0.45% | 0.53% | 0.68% | 0.73% | 0.85% | 1.07% | 1.43% | 1.42% |
| ▁▁▂▃▄▆██ | Net Charge-Off Ratio (%) | 0.58% | 0.68% | 0.87% | 0.92% | 1.09% | 1.37% | 1.83% | 1.79% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $72 | $72 | $73 | $74 | $77 | $80 | $80 | $82 |
| ▁▂▆█▆▃▃▅ | Gross Loans ($M) | $506 | $513 | $527 | $536 | $527 | $516 | $513 | $522 |
| ▂▆███▆▇▁ | Total Deposits ($M) | $518 | $539 | $550 | $551 | $547 | $539 | $545 | $510 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 7% |