Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.16% | -1.66 | 1.50% |
| Return on Equity (%) | ▼ | -1.78% | -16.85 | 15.07% |
| Net Interest Margin (%) | ▼ | 3.72% | -0.08 | 3.80% |
| Efficiency Ratio (%) | ▼ | 43.89% | +0.12 | 43.77% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.07 | $4 |
| Cost of Funds (%) | ▲ | 1.89% | -0.76 | 2.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,063 | +300.26 | $763 |
| Gross Loans ($M) | ▲ | $694 | +38.42 | $656 |
| Loan Growth YoY (%) | ▼ | 70.84% | -25.53 | 96.37% |
| Total Deposits ($M) | ▲ | $970 | +297.89 | $672 |
| Shareholders Equity ($M) | ▲ | $85 | +5.77 | $79 |
| Tang. Book Value ($M) | ▲ | $85 | +5.77 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +5.65 | $81 |
| Loan / Deposit Ratio (%) | ▼ | 70.84% | -25.53 | 96.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.00% | -0.20% | 1.20% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.89% | -0.19 | 12.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▆█▆▅ | Net Interest Margin (%) | 3.58% | 3.58% | 3.64% | 3.80% | 3.77% | 3.86% | 3.78% | 3.72% |
| ██████▁▅ | Return on Assets (%) | 1.47% | 1.46% | 1.50% | 1.50% | 1.56% | 1.58% | -2.14% | -0.16% |
| ▁▂▄▆▄▄█▆ | Efficiency Ratio (%) | 39.5% | 40.4% | 42.6% | 43.8% | 42.4% | 42.5% | 45.9% | 43.9% |
| █▅▅▅▄▂▂▁ | Cost of Funds (%) | 3.37% | 2.78% | 2.66% | 2.65% | 2.46% | 2.22% | 2.08% | 1.89% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▅▇█▆█ | Tang. Book Value ($M) | $72 | $74 | $77 | $79 | $84 | $86 | $81 | $85 |
| ▁▃▄▅▇█▇▇ | Gross Loans ($M) | $576 | $610 | $628 | $656 | $692 | $712 | $692 | $694 |
| ▁▃▃▂▄▃▅█ | Total Deposits ($M) | $607 | $701 | $702 | $672 | $743 | $720 | $803 | $970 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 30% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 66% |