Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.23% | +0.16 | 0.07% |
| Return on Equity (%) | ▲ | 2.42% | +1.64 | 0.78% |
| Net Interest Margin (%) | ▲ | 2.66% | +0.31 | 2.35% |
| Efficiency Ratio (%) | ▲ | 90.15% | -5.83 | 95.98% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 1.88% | -0.13 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $302 | +5.07 | $297 |
| Gross Loans ($M) | ▼ | $237 | -2.14 | $239 |
| Loan Growth YoY (%) | ▼ | 94.35% | -8.15 | 102.50% |
| Total Deposits ($M) | ▲ | $249 | +17.73 | $232 |
| Shareholders Equity ($M) | ▲ | $29 | +1.98 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +2.00 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.17 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 94.35% | -8.15 | 102.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.08 | 0.31% |
| Allowance / Loans (%) | — | 0.65% | 0.00% | 0.65% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.09 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.92% | +0.34 | 16.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 2.27% | 2.25% | 2.30% | 2.35% | 2.38% | 2.44% | 2.61% | 2.66% |
| ▂▁▁▂▃▅▆█ | Return on Assets (%) | 0.06% | 0.04% | 0.03% | 0.07% | 0.09% | 0.14% | 0.16% | 0.23% |
| ███▆▅▃▃▁ | Efficiency Ratio (%) | 98.1% | 99.0% | 97.9% | 96.0% | 94.9% | 92.7% | 92.7% | 90.1% |
| ▆▆▅▆█▂▅▁ | Cost of Funds (%) | 2.01% | 2.02% | 1.98% | 2.01% | 2.07% | 1.93% | 1.98% | 1.88% |
| ▂▅▄██▃▅▁ | NPA / Assets (%) | 0.24% | 0.27% | 0.27% | 0.31% | 0.30% | 0.25% | 0.27% | 0.23% |
| ▁▅▄██▃▄▁ | Net Charge-Off Ratio (%) | 0.30% | 0.34% | 0.33% | 0.38% | 0.38% | 0.32% | 0.34% | 0.29% |
| ▂▁▂▃▄▅▅█ | Tang. Book Value ($M) | $27 | $27 | $27 | $27 | $28 | $28 | $28 | $29 |
| ▁▄▆█▇█▇▆ | Gross Loans ($M) | $229 | $235 | $237 | $239 | $238 | $240 | $238 | $237 |
| ▁▁▁▁▂▅▆█ | Total Deposits ($M) | $229 | $230 | $229 | $232 | $232 | $241 | $243 | $249 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 19% |