Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.57 | 0.80% |
| Return on Equity (%) | ▲ | 15.21% | +5.31 | 9.90% |
| Net Interest Margin (%) | ▲ | 1.60% | +0.49 | 1.12% |
| Efficiency Ratio (%) | ▲ | 10.91% | -5.49 | 16.40% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.95 | $3 |
| Cost of Funds (%) | ▲ | 2.07% | -0.51 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,320 | +25.70 | $1,294 |
| Gross Loans ($M) | — | $0 | 0.00 | $0 |
| Loan Growth YoY (%) | — | 0.00% | 0.00 | 0.00% |
| Total Deposits ($M) | ▲ | $1,193 | +8.48 | $1,185 |
| Shareholders Equity ($M) | ▲ | $126 | +16.20 | $109 |
| Tang. Book Value ($M) | ▲ | $126 | +16.20 | $109 |
| TBV excl. AOCI ($M)** | ▲ | $182 | +18.79 | $164 |
| Loan / Deposit Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.00% | — | 0.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 51.28% | +4.42 | 46.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▃▄██ | Net Interest Margin (%) | 0.72% | 0.74% | 1.13% | 1.12% | 1.05% | 1.12% | 1.55% | 1.60% |
| ▁▁▂▃▃▃██ | Return on Assets (%) | 0.49% | 0.51% | 0.70% | 0.80% | 0.77% | 0.81% | 1.31% | 1.37% |
| ██▃▃▃▃▁▁ | Efficiency Ratio (%) | 29.1% | 27.9% | 16.3% | 16.4% | 17.4% | 16.4% | 12.1% | 10.9% |
| ▅█▃▅▂▆▁▁ | Cost of Funds (%) | 2.56% | 3.01% | 2.32% | 2.57% | 2.24% | 2.68% | 2.00% | 2.07% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $102 | $100 | $106 | $109 | $113 | $117 | $121 | $126 |
| ▄▄▄▄▄▄▄▄ | Gross Loans ($M) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| ▂▁█▄█▄█▄ | Total Deposits ($M) | $1,143 | $1,121 | $1,271 | $1,185 | $1,277 | $1,187 | $1,289 | $1,193 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 96% |
| Brokered / Other | 3% |