Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.86% | +0.43 | 1.44% |
| Return on Equity (%) | ▲ | 10.81% | +1.76 | 9.05% |
| Net Interest Margin (%) | ▲ | 5.15% | +0.28 | 4.87% |
| Efficiency Ratio (%) | ▲ | 52.02% | -3.05 | 55.07% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.05 | $2 |
| Cost of Funds (%) | ▲ | 1.60% | -0.44 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $378 | -36.61 | $415 |
| Gross Loans ($M) | ▼ | $304 | -30.86 | $334 |
| Loan Growth YoY (%) | ▲ | 96.09% | +1.87 | 94.22% |
| Total Deposits ($M) | ▼ | $312 | -38.47 | $351 |
| Shareholders Equity ($M) | ▲ | $64 | +1.85 | $63 |
| Tang. Book Value ($M) | ▲ | $64 | +1.89 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +1.51 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 96.09% | +1.87 | 94.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.51% | -1.07 | 1.58% |
| Allowance / Loans (%) | — | 1.18% | -0.02% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.59 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▇██ | Net Interest Margin (%) | 4.62% | 4.71% | 4.81% | 4.87% | 4.94% | 5.02% | 5.12% | 5.15% |
| ▁▁▄▄▁▂██ | Return on Assets (%) | 1.05% | 1.13% | 1.43% | 1.44% | 1.13% | 1.19% | 1.92% | 1.86% |
| ██▃▃▃▄▁▁ | Efficiency Ratio (%) | 68.5% | 66.4% | 56.4% | 55.1% | 55.5% | 57.6% | 50.3% | 52.0% |
| █▆▆▆▇▅▁▂ | Cost of Funds (%) | 2.31% | 2.05% | 2.02% | 2.04% | 2.17% | 1.97% | 1.50% | 1.60% |
| ▃▆▇█▆█▄▁ | NPA / Assets (%) | 0.86% | 1.31% | 1.36% | 1.58% | 1.34% | 1.62% | 0.96% | 0.51% |
| ▁▄▃▆▅█▅▂ | Net Charge-Off Ratio (%) | 0.03% | 0.49% | 0.33% | 0.76% | 0.60% | 1.01% | 0.62% | 0.16% |
| ▁▂▃▄▅▇█▆ | Tang. Book Value ($M) | $58 | $59 | $61 | $62 | $63 | $65 | $67 | $64 |
| ▄▂▆█▄▃▃▁ | Gross Loans ($M) | $317 | $311 | $325 | $334 | $316 | $313 | $311 | $304 |
| ▁▂▂█▅▂▄▃ | Total Deposits ($M) | $299 | $308 | $310 | $351 | $325 | $310 | $319 | $312 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 5% |