Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.19% | -0.53 | 0.34% |
| Return on Equity (%) | ▼ | -2.21% | -6.08 | 3.87% |
| Net Interest Margin (%) | ▲ | 2.52% | +0.33 | 2.18% |
| Efficiency Ratio (%) | ▼ | 110.80% | +32.43 | 78.37% |
| Pre-Provision Profit ($M) | ▼ | $-1 | -2.06 | $1 |
| Cost of Funds (%) | ▲ | 2.90% | -0.39 | 3.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $485 | +8.74 | $476 |
| Gross Loans ($M) | ▲ | $443 | +44.18 | $399 |
| Loan Growth YoY (%) | ▲ | 121.64% | +15.36 | 106.28% |
| Total Deposits ($M) | ▼ | $363 | -10.82 | $374 |
| Shareholders Equity ($M) | ▼ | $41 | -1.87 | $43 |
| Tang. Book Value ($M) | ▼ | $41 | -1.87 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 121.64% | +15.36 | 106.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.01 | 0.02% |
| Allowance / Loans (%) | — | 0.26% | -0.05% | 0.31% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.01 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.49% | -1.05 | 10.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▃▅▆▇█ | Net Interest Margin (%) | 2.03% | 2.11% | 2.18% | 2.18% | 2.32% | 2.36% | 2.43% | 2.52% |
| ▇█▆▇███▁ | Return on Assets (%) | 0.40% | 0.43% | 0.28% | 0.34% | 0.46% | 0.44% | 0.50% | -0.19% |
| ▁▁▂▂▁▁▁█ | Efficiency Ratio (%) | 71.0% | 70.3% | 79.9% | 78.4% | 72.7% | 72.5% | 71.9% | 110.8% |
| ██▅▇▄▃▁▁ | Cost of Funds (%) | 3.37% | 3.36% | 3.18% | 3.30% | 3.13% | 3.05% | 2.92% | 2.90% |
| █▇▆▃▁▇▇▆ | NPA / Assets (%) | 0.04% | 0.03% | 0.03% | 0.02% | 0.02% | 0.03% | 0.03% | 0.03% |
| █▇▆▃▁▆▆▆ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.04% | 0.03% | 0.02% | 0.04% | 0.04% | 0.04% |
| ▁▂▇▇███▂ | Tang. Book Value ($M) | $40 | $41 | $43 | $43 | $43 | $43 | $43 | $41 |
| ▁▃▅▂▅▇██ | Gross Loans ($M) | $388 | $408 | $417 | $399 | $420 | $429 | $439 | $443 |
| ▁▆▇▇███▄ | Total Deposits ($M) | $350 | $369 | $372 | $374 | $378 | $376 | $375 | $363 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| Consumer | 48% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 49% |