Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.23 | 0.36% |
| Return on Equity (%) | ▲ | 4.85% | +1.76 | 3.09% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.44 | 3.49% |
| Efficiency Ratio (%) | ▲ | 80.62% | -6.73 | 87.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.45 | $0 |
| Cost of Funds (%) | ▲ | 1.31% | -0.25 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $478 | +10.50 | $468 |
| Gross Loans ($M) | ▲ | $365 | +9.00 | $356 |
| Loan Growth YoY (%) | ▲ | 89.57% | +3.53 | 86.03% |
| Total Deposits ($M) | ▼ | $405 | -6.23 | $412 |
| Shareholders Equity ($M) | ▲ | $59 | +2.57 | $56 |
| Tang. Book Value ($M) | ▲ | $59 | +2.57 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +2.50 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 89.57% | +3.53 | 86.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.04 | 0.54% |
| Allowance / Loans (%) | — | 0.59% | -0.00% | 0.59% |
| Net Charge-Off Ratio (%) | ▼ | 0.76% | +0.05 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▂▄██ | Net Interest Margin (%) | 3.52% | 3.55% | 3.47% | 3.49% | 3.58% | 3.70% | 3.92% | 3.94% |
| ▃▄▄▁▂▄█▆ | Return on Assets (%) | 0.50% | 0.51% | 0.53% | 0.36% | 0.45% | 0.52% | 0.73% | 0.60% |
| ▅▅▄█▆▅▁▄ | Efficiency Ratio (%) | 82.2% | 81.8% | 80.5% | 87.3% | 84.1% | 81.8% | 76.1% | 80.6% |
| ▂██▇▃▃▁▁ | Cost of Funds (%) | 1.37% | 1.59% | 1.61% | 1.56% | 1.41% | 1.40% | 1.31% | 1.31% |
| ▃█▅▇▁▁▁▇ | NPA / Assets (%) | 0.39% | 0.63% | 0.46% | 0.54% | 0.29% | 0.29% | 0.26% | 0.58% |
| ▄█▅▆▁▁▁▇ | Net Charge-Off Ratio (%) | 0.56% | 0.87% | 0.64% | 0.71% | 0.40% | 0.38% | 0.34% | 0.76% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $54 | $54 | $55 | $56 | $57 | $58 | $58 | $59 |
| ▁▂▃▆██▇█ | Gross Loans ($M) | $334 | $339 | $343 | $356 | $363 | $364 | $360 | $365 |
| ▆▃▄▂█▂▁▁ | Total Deposits ($M) | $426 | $413 | $417 | $412 | $434 | $410 | $405 | $405 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |