Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.21% | -0.05 | 1.26% |
| Return on Equity (%) | ▼ | 11.07% | -2.37 | 13.44% |
| Net Interest Margin (%) | ▲ | 3.87% | +0.09 | 3.78% |
| Efficiency Ratio (%) | ▼ | 58.55% | +3.11 | 55.43% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.44 | $2 |
| Cost of Funds (%) | ▼ | 1.91% | +0.22 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $411 | -23.73 | $435 |
| Gross Loans ($M) | ▲ | $323 | +26.80 | $296 |
| Loan Growth YoY (%) | ▲ | 99.74% | +23.37 | 76.37% |
| Total Deposits ($M) | ▼ | $322 | -63.55 | $386 |
| Shareholders Equity ($M) | ▲ | $45 | +4.84 | $40 |
| Tang. Book Value ($M) | ▲ | $45 | +4.84 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 99.74% | +23.37 | 76.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.11 | 0.12% |
| Allowance / Loans (%) | — | 0.53% | -0.03% | 0.56% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.16 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.25% | +0.61 | 15.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇██▇ | Net Interest Margin (%) | 3.13% | 3.10% | 3.76% | 3.78% | 3.89% | 3.98% | 4.04% | 3.87% |
| ▁▁▆▇███▆ | Return on Assets (%) | 0.75% | 0.69% | 1.20% | 1.26% | 1.37% | 1.42% | 1.38% | 1.21% |
| ██▂▂▁▁▁▃ | Efficiency Ratio (%) | 69.7% | 71.4% | 56.5% | 55.4% | 52.6% | 52.3% | 54.7% | 58.5% |
| ██▄▁▁▁▁▃ | Cost of Funds (%) | 2.45% | 2.51% | 1.97% | 1.70% | 1.58% | 1.63% | 1.62% | 1.91% |
| ▃▂▂█▁▁▁▁ | NPA / Assets (%) | 0.03% | 0.03% | 0.02% | 0.12% | 0.00% | 0.00% | 0.00% | 0.01% |
| ▂▂▂█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.03% | 0.17% | 0.00% | 0.00% | 0.00% | 0.01% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $38 | $38 | $39 | $40 | $42 | $43 | $44 | $45 |
| ▁▃▄▄▅▇▇█ | Gross Loans ($M) | $274 | $287 | $292 | $296 | $300 | $314 | $315 | $323 |
| ▁▁█▇▇▅▄▃ | Total Deposits ($M) | $291 | $298 | $409 | $386 | $380 | $350 | $341 | $322 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 14% |