Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.28 | 0.61% |
| Return on Equity (%) | ▲ | 9.14% | +2.99 | 6.15% |
| Net Interest Margin (%) | ▲ | 3.15% | +0.40 | 2.75% |
| Efficiency Ratio (%) | ▲ | 63.10% | -7.39 | 70.50% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.82 | $2 |
| Cost of Funds (%) | ▲ | 3.05% | -0.17 | 3.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $838 | +65.51 | $773 |
| Gross Loans ($M) | ▲ | $737 | +56.20 | $681 |
| Loan Growth YoY (%) | ▼ | 103.02% | -0.76 | 103.78% |
| Total Deposits ($M) | ▲ | $711 | +59.14 | $652 |
| Shareholders Equity ($M) | ▲ | $83 | +5.62 | $77 |
| Tang. Book Value ($M) | ▲ | $83 | +5.62 | $77 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +6.27 | $79 |
| Loan / Deposit Ratio (%) | ▼ | 103.02% | -0.76 | 103.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.10 | 0.34% |
| Allowance / Loans (%) | — | 0.61% | -0.01% | 0.62% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.11 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.95% | -0.31 | 12.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.55% | 2.58% | 2.62% | 2.75% | 2.82% | 2.91% | 3.05% | 3.15% |
| ▁▂▂▃▄▄▇█ | Return on Assets (%) | 0.46% | 0.52% | 0.53% | 0.61% | 0.66% | 0.66% | 0.79% | 0.89% |
| █▇▇▅▃▄▂▁ | Efficiency Ratio (%) | 76.6% | 73.9% | 73.7% | 70.5% | 67.4% | 68.2% | 65.2% | 63.1% |
| █▆▂▄▃▃▁▂ | Cost of Funds (%) | 3.54% | 3.37% | 3.10% | 3.22% | 3.11% | 3.15% | 2.96% | 3.05% |
| ▄▃▃█▁▁▁▂ | NPA / Assets (%) | 0.27% | 0.26% | 0.26% | 0.34% | 0.24% | 0.24% | 0.23% | 0.25% |
| ▃▃▃█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.31% | 0.30% | 0.30% | 0.39% | 0.27% | 0.27% | 0.27% | 0.28% |
| ▁▂▁▂▄▅▇█ | Tang. Book Value ($M) | $75 | $76 | $76 | $77 | $78 | $80 | $81 | $83 |
| ▁▁▁▂▅▇██ | Gross Loans ($M) | $670 | $667 | $675 | $681 | $705 | $721 | $732 | $737 |
| ▁▁▂▂▃▆█▇ | Total Deposits ($M) | $639 | $645 | $655 | $652 | $672 | $707 | $730 | $711 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 26% |