Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.32 | 0.78% |
| Return on Equity (%) | ▲ | 10.87% | +2.88 | 7.99% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.65 | 3.28% |
| Efficiency Ratio (%) | ▲ | 65.51% | -7.20 | 72.71% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.38 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.15 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $404 | +4.79 | $400 |
| Gross Loans ($M) | ▲ | $337 | +18.44 | $318 |
| Loan Growth YoY (%) | ▲ | 99.13% | +6.82 | 92.32% |
| Total Deposits ($M) | ▼ | $336 | -5.03 | $341 |
| Shareholders Equity ($M) | ▲ | $43 | +3.10 | $40 |
| Tang. Book Value ($M) | ▲ | $43 | +3.10 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +3.12 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 99.13% | +6.82 | 92.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.04 | 0.01% |
| Allowance / Loans (%) | — | 1.05% | -0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.06% | +0.04 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.96% | +0.33 | 12.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▄▇█ | Net Interest Margin (%) | 3.16% | 3.10% | 3.08% | 3.28% | 3.43% | 3.48% | 3.73% | 3.93% |
| ▂▂▁▃▅▅▇█ | Return on Assets (%) | 0.69% | 0.66% | 0.59% | 0.78% | 0.86% | 0.85% | 1.02% | 1.11% |
| ▇▇█▅▄▄▁▁ | Efficiency Ratio (%) | 74.8% | 75.6% | 77.3% | 72.7% | 70.7% | 71.1% | 66.5% | 65.5% |
| ▄▄█▄▃▁▄▁ | Cost of Funds (%) | 1.72% | 1.76% | 2.00% | 1.71% | 1.67% | 1.52% | 1.71% | 1.56% |
| ▃▅▇▁▁█▁▄ | NPA / Assets (%) | 0.04% | 0.06% | 0.08% | 0.01% | 0.01% | 0.10% | 0.01% | 0.05% |
| ▃▅▆▁▁█▁▃ | Net Charge-Off Ratio (%) | 0.05% | 0.08% | 0.10% | 0.01% | 0.01% | 0.13% | 0.02% | 0.06% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $39 | $39 | $39 | $40 | $41 | $41 | $42 | $43 |
| ▁▁▄▅▆▆██ | Gross Loans ($M) | $295 | $294 | $311 | $318 | $324 | $328 | $339 | $337 |
| ▁▅▄▄▄█▅▄ | Total Deposits ($M) | $312 | $344 | $339 | $341 | $339 | $373 | $346 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 7% |