Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.15 | 1.19% |
| Return on Equity (%) | ▲ | 13.94% | +1.10 | 12.84% |
| Net Interest Margin (%) | ▲ | 4.22% | +0.31 | 3.91% |
| Efficiency Ratio (%) | ▲ | 62.03% | -2.15 | 64.19% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.25 | $2 |
| Cost of Funds (%) | ▲ | 1.36% | -0.16 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $443 | +21.49 | $421 |
| Gross Loans ($M) | ▲ | $359 | +24.09 | $335 |
| Loan Growth YoY (%) | ▲ | 92.23% | +2.19 | 90.04% |
| Total Deposits ($M) | ▲ | $384 | +16.27 | $368 |
| Shareholders Equity ($M) | ▲ | $41 | +1.96 | $39 |
| Tang. Book Value ($M) | ▲ | $41 | +2.07 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +1.94 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 92.23% | +2.19 | 90.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.14 | 0.11% |
| Allowance / Loans (%) | — | 1.45% | 0.20% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.32% | +0.19 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.35% | -0.40 | 11.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▅██ | Net Interest Margin (%) | 3.88% | 3.90% | 3.90% | 3.91% | 3.97% | 4.08% | 4.26% | 4.22% |
| ▄▄▁▁▂▁█▆ | Return on Assets (%) | 1.28% | 1.29% | 1.17% | 1.19% | 1.23% | 1.19% | 1.43% | 1.34% |
| ▃▂█▇▄▁▃▂ | Efficiency Ratio (%) | 62.2% | 62.0% | 65.1% | 64.2% | 63.1% | 61.2% | 62.6% | 62.0% |
| ▄█▃█▅▅▁▂ | Cost of Funds (%) | 1.42% | 1.52% | 1.38% | 1.52% | 1.45% | 1.44% | 1.33% | 1.36% |
| ▁▁▁▄▅▅▅█ | NPA / Assets (%) | 0.03% | 0.04% | 0.04% | 0.11% | 0.15% | 0.16% | 0.14% | 0.26% |
| ▁▁▁▃▅▅▄█ | Net Charge-Off Ratio (%) | 0.04% | 0.05% | 0.05% | 0.13% | 0.18% | 0.20% | 0.17% | 0.32% |
| ▁▂▄▅▇▆██ | Tang. Book Value ($M) | $36 | $37 | $38 | $39 | $40 | $39 | $41 | $41 |
| ▁▁▂▃▄▃▄█ | Gross Loans ($M) | $322 | $324 | $328 | $335 | $337 | $335 | $337 | $359 |
| ▆▃▁▁█▃▂▇ | Total Deposits ($M) | $381 | $374 | $366 | $368 | $389 | $374 | $370 | $384 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 3% |