Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.55% | -0.05 | 0.60% |
| Return on Equity (%) | ▼ | 5.81% | -2.59 | 8.40% |
| Net Interest Margin (%) | ▲ | 2.86% | +0.27 | 2.59% |
| Efficiency Ratio (%) | ▼ | 72.89% | +2.34 | 70.55% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.60% | -0.38 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $290 | -26.70 | $316 |
| Gross Loans ($M) | ▲ | $143 | +18.11 | $125 |
| Loan Growth YoY (%) | ▲ | 54.35% | +12.07 | 42.28% |
| Total Deposits ($M) | ▼ | $259 | -31.15 | $290 |
| Shareholders Equity ($M) | ▲ | $29 | +4.09 | $25 |
| Tang. Book Value ($M) | ▲ | $29 | +4.09 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +4.10 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 54.35% | +12.07 | 42.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.30 | 0.07% |
| Allowance / Loans (%) | — | 1.49% | -0.15% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 0.74% | +0.57 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.51% | -0.68 | 19.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▄▅▅▆█ | Net Interest Margin (%) | 2.60% | 2.58% | 2.36% | 2.59% | 2.66% | 2.67% | 2.68% | 2.86% |
| ▇█▁███▂▇ | Return on Assets (%) | 0.59% | 0.63% | 0.29% | 0.60% | 0.64% | 0.63% | 0.37% | 0.55% |
| ▃▂█▂▁▁▇▄ | Efficiency Ratio (%) | 71.3% | 69.6% | 82.8% | 70.6% | 66.5% | 66.5% | 79.2% | 72.9% |
| ▃██▅▃▁▁▁ | Cost of Funds (%) | 1.82% | 2.25% | 2.24% | 1.99% | 1.82% | 1.63% | 1.64% | 1.60% |
| ▂▁▂▁█▅▅▅ | NPA / Assets (%) | 0.14% | 0.12% | 0.14% | 0.07% | 0.62% | 0.41% | 0.34% | 0.37% |
| ▁▁▁▁█▆▄▄ | Net Charge-Off Ratio (%) | 0.33% | 0.28% | 0.32% | 0.17% | 1.57% | 1.06% | 0.84% | 0.74% |
| ▃▁▂▃▆▇██ | Tang. Book Value ($M) | $24 | $22 | $23 | $25 | $27 | $28 | $29 | $29 |
| ▇██▂▁▁▁█ | Gross Loans ($M) | $138 | $141 | $140 | $125 | $120 | $120 | $122 | $143 |
| ▅██▅▃▄▂▁ | Total Deposits ($M) | $285 | $310 | $306 | $290 | $276 | $282 | $268 | $259 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 16% |