Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.91% | -0.21 | 1.11% |
| Return on Equity (%) | ▼ | 10.52% | -3.27 | 13.79% |
| Net Interest Margin (%) | ▼ | 4.09% | -0.01 | 4.10% |
| Efficiency Ratio (%) | ▼ | 64.78% | +1.44 | 63.34% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.09 | $2 |
| Cost of Funds (%) | ▼ | 1.83% | +0.03 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $460 | +21.08 | $438 |
| Gross Loans ($M) | ▲ | $349 | +4.88 | $344 |
| Loan Growth YoY (%) | ▲ | 92.63% | +2.35 | 90.28% |
| Total Deposits ($M) | ▼ | $373 | -5.03 | $378 |
| Shareholders Equity ($M) | ▲ | $41 | +6.57 | $34 |
| Tang. Book Value ($M) | ▲ | $41 | +6.57 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +6.39 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 92.63% | +2.35 | 90.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.08 | 0.58% |
| Allowance / Loans (%) | — | 1.16% | 0.18% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.14 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.61% | +1.08 | 11.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▃▁▃▇█▁▃ | Net Interest Margin (%) | 4.15% | 4.10% | 4.02% | 4.10% | 4.23% | 4.27% | 4.00% | 4.09% |
| ▆▃▅▇██▁▂ | Return on Assets (%) | 1.06% | 0.93% | 1.01% | 1.11% | 1.17% | 1.17% | 0.84% | 0.91% |
| ▆█▇▃▁▂▆▅ | Efficiency Ratio (%) | 65.6% | 67.3% | 66.3% | 63.3% | 61.0% | 61.9% | 65.0% | 64.8% |
| ▃▃▁▂▆█▇▃ | Cost of Funds (%) | 1.83% | 1.83% | 1.74% | 1.80% | 1.93% | 2.04% | 1.98% | 1.83% |
| ▁▁▁▁▆█▇▂ | NPA / Assets (%) | 0.58% | 0.61% | 0.63% | 0.58% | 0.88% | 0.98% | 0.92% | 0.66% |
| ▁▁▁▁▇██▃ | Net Charge-Off Ratio (%) | 0.38% | 0.42% | 0.44% | 0.40% | 0.78% | 0.91% | 0.88% | 0.54% |
| ▁▁▂▃▄▅██ | Tang. Book Value ($M) | $32 | $31 | $33 | $34 | $35 | $37 | $39 | $41 |
| ▁▂▅█████ | Gross Loans ($M) | $260 | $277 | $307 | $344 | $352 | $353 | $343 | $349 |
| ▁▄▅█▇▇▇█ | Total Deposits ($M) | $314 | $345 | $348 | $378 | $368 | $362 | $367 | $373 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 12% |