Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.42% | +0.22 | 0.20% |
| Return on Equity (%) | ▲ | 4.38% | +2.26 | 2.12% |
| Net Interest Margin (%) | ▲ | 2.61% | +0.36 | 2.25% |
| Efficiency Ratio (%) | ▲ | 73.92% | -11.12 | 85.04% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.74 | $1 |
| Cost of Funds (%) | ▲ | 2.44% | -0.14 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,087 | +151.99 | $935 |
| Gross Loans ($M) | ▲ | $876 | +120.28 | $756 |
| Loan Growth YoY (%) | ▼ | 106.53% | -3.66 | 110.19% |
| Total Deposits ($M) | ▲ | $818 | +135.73 | $682 |
| Shareholders Equity ($M) | ▲ | $101 | +4.78 | $97 |
| Tang. Book Value ($M) | ▲ | $101 | +4.78 | $97 |
| TBV excl. AOCI ($M)** | ▲ | $107 | +6.07 | $101 |
| Loan / Deposit Ratio (%) | ▼ | 106.53% | -3.66 | 110.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.09 | 0.24% |
| Allowance / Loans (%) | — | 0.55% | -0.00% | 0.55% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.11 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆██ | Net Interest Margin (%) | 1.81% | 1.84% | 2.06% | 2.25% | 2.30% | 2.36% | 2.52% | 2.61% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | -0.05% | 0.00% | 0.13% | 0.20% | 0.25% | 0.29% | 0.42% | 0.42% |
| ██▇▄▄▃▁▁ | Efficiency Ratio (%) | 96.6% | 93.8% | 91.1% | 85.0% | 83.3% | 80.8% | 73.7% | 73.9% |
| ██▅▃▂▃▁▁ | Cost of Funds (%) | 2.96% | 2.89% | 2.70% | 2.57% | 2.50% | 2.53% | 2.38% | 2.44% |
| ▂▃▃▄▂█▁▁ | NPA / Assets (%) | 0.19% | 0.22% | 0.20% | 0.24% | 0.20% | 0.36% | 0.16% | 0.15% |
| ▂▃▃▄▂█▁▁ | Net Charge-Off Ratio (%) | 0.23% | 0.27% | 0.26% | 0.29% | 0.24% | 0.45% | 0.20% | 0.18% |
| ▁▁▁▇▇███ | Tang. Book Value ($M) | $80 | $80 | $81 | $97 | $98 | $99 | $100 | $101 |
| ▁▁▁▃▅▅▇█ | Gross Loans ($M) | $712 | $729 | $732 | $756 | $798 | $805 | $845 | $876 |
| ▁▁▃▂▄▅▇█ | Total Deposits ($M) | $644 | $663 | $705 | $682 | $720 | $752 | $791 | $818 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 18% |