Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.08 | 0.85% |
| Return on Equity (%) | ▲ | 8.64% | +1.53 | 7.11% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.04 | 4.29% |
| Efficiency Ratio (%) | ▲ | 64.08% | -3.25 | 67.33% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.39 | $3 |
| Cost of Funds (%) | ▼ | 1.16% | +0.05 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $864 | +191.64 | $672 |
| Gross Loans ($M) | ▲ | $696 | +144.89 | $551 |
| Loan Growth YoY (%) | ▼ | 92.82% | -0.56 | 93.38% |
| Total Deposits ($M) | ▲ | $741 | +158.47 | $582 |
| Shareholders Equity ($M) | ▲ | $87 | +8.34 | $79 |
| Tang. Book Value ($M) | ▲ | $87 | +8.37 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $88 | +8.78 | $80 |
| Loan / Deposit Ratio (%) | ▼ | 92.82% | -0.56 | 93.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.09 | 0.17% |
| Allowance / Loans (%) | — | 1.19% | -0.12% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.11 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.36% | -3.32 | 17.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▆▇█▆ | Net Interest Margin (%) | 3.97% | 4.06% | 4.18% | 4.29% | 4.37% | 4.46% | 4.54% | 4.34% |
| ██▁▄▅▇█▅ | Return on Assets (%) | 1.06% | 1.06% | 0.70% | 0.85% | 0.93% | 1.01% | 1.07% | 0.93% |
| ▁▂█▅▃▂▂▃ | Efficiency Ratio (%) | 61.5% | 63.6% | 71.3% | 67.3% | 64.8% | 63.6% | 63.2% | 64.1% |
| █▅▃▃▃▃▁▄ | Cost of Funds (%) | 1.38% | 1.22% | 1.08% | 1.11% | 1.11% | 1.12% | 0.97% | 1.16% |
| █▄▃▃▂▁▁▁ | NPA / Assets (%) | 0.43% | 0.21% | 0.18% | 0.17% | 0.15% | 0.09% | 0.11% | 0.07% |
| █▄▃▃▂▁▁▁ | Net Charge-Off Ratio (%) | 0.52% | 0.26% | 0.22% | 0.20% | 0.18% | 0.11% | 0.13% | 0.09% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $74 | $75 | $77 | $78 | $81 | $83 | $85 | $87 |
| ▁▁▁▂▄▅▆█ | Gross Loans ($M) | $519 | $508 | $531 | $551 | $581 | $623 | $637 | $696 |
| ▁▁▁▂▃▅▆█ | Total Deposits ($M) | $555 | $531 | $554 | $582 | $606 | $638 | $670 | $741 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 14% |