Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.96% | +0.12 | 1.83% |
| Return on Equity (%) | ▲ | 5.70% | +0.07 | 5.63% |
| Net Interest Margin (%) | ▼ | 5.72% | -0.29 | 6.01% |
| Efficiency Ratio (%) | ▼ | 43.07% | +5.45 | 37.62% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.27 | $3 |
| Cost of Funds (%) | ▲ | 2.15% | -0.36 | 2.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $278 | -3.34 | $282 |
| Gross Loans ($M) | ▼ | $195 | -26.68 | $222 |
| Loan Growth YoY (%) | ▼ | 107.36% | -8.99 | 116.35% |
| Total Deposits ($M) | ▼ | $176 | -8.68 | $185 |
| Shareholders Equity ($M) | ▲ | $100 | +5.39 | $95 |
| Tang. Book Value ($M) | ▲ | $100 | +5.39 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $103 | +6.21 | $97 |
| Loan / Deposit Ratio (%) | ▼ | 107.36% | -8.99 | 116.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.01 | 0.19% |
| Allowance / Loans (%) | — | 3.03% | 0.03% | 3.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.02 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃████▅▅ | Net Interest Margin (%) | 5.26% | 5.47% | 6.02% | 6.01% | 5.97% | 5.97% | 5.72% | 5.72% |
| ▁▂▄▃▃█▄▆ | Return on Assets (%) | 1.71% | 1.76% | 1.89% | 1.83% | 1.82% | 2.07% | 1.86% | 1.96% |
| ▄▄▁▂▃▃██ | Efficiency Ratio (%) | 39.6% | 39.3% | 36.7% | 37.6% | 38.5% | 38.6% | 43.5% | 43.1% |
| ██▄▄▃▃▁▁ | Cost of Funds (%) | 3.05% | 2.96% | 2.55% | 2.51% | 2.39% | 2.41% | 2.24% | 2.15% |
| ▅█▅▂▁▂▂▂ | NPA / Assets (%) | 0.29% | 0.37% | 0.26% | 0.19% | 0.15% | 0.19% | 0.19% | 0.18% |
| ▅█▅▂▁▃▃▂ | Net Charge-Off Ratio (%) | 0.36% | 0.46% | 0.34% | 0.24% | 0.20% | 0.28% | 0.27% | 0.26% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $92 | $92 | $94 | $95 | $97 | $98 | $99 | $100 |
| █▇▅▄▄▂▁▁ | Gross Loans ($M) | $249 | $236 | $226 | $222 | $216 | $206 | $198 | $195 |
| █▄▄▂▅▅▂▁ | Total Deposits ($M) | $219 | $196 | $195 | $185 | $199 | $199 | $186 | $176 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Consumer | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 31% |