Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.29 | 1.10% |
| Return on Equity (%) | ▲ | 13.11% | +2.48 | 10.63% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.47 | 3.56% |
| Efficiency Ratio (%) | ▲ | 59.80% | -6.41 | 66.20% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.83 | $1 |
| Cost of Funds (%) | ▲ | 1.54% | -0.25 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $440 | +49.73 | $390 |
| Gross Loans ($M) | ▲ | $321 | +34.81 | $286 |
| Loan Growth YoY (%) | ▼ | 81.62% | -0.39 | 82.01% |
| Total Deposits ($M) | ▲ | $388 | +44.55 | $344 |
| Shareholders Equity ($M) | ▲ | $48 | +5.66 | $42 |
| Tang. Book Value ($M) | ▲ | $47 | +5.68 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +6.15 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 81.62% | -0.39 | 82.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.20 | 0.30% |
| Allowance / Loans (%) | — | 1.23% | -0.22% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.28 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.17% | -0.50 | 13.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 3.40% | 3.42% | 3.46% | 3.56% | 3.67% | 3.74% | 3.92% | 4.03% |
| ▃▁▃▂▄▃▅█ | Return on Assets (%) | 1.12% | 1.02% | 1.13% | 1.10% | 1.19% | 1.12% | 1.21% | 1.39% |
| ▄█▆█▅█▄▁ | Efficiency Ratio (%) | 63.2% | 66.8% | 64.8% | 66.2% | 64.0% | 67.0% | 62.7% | 59.8% |
| █▇▇▆▅▂▂▁ | Cost of Funds (%) | 1.88% | 1.82% | 1.80% | 1.78% | 1.72% | 1.61% | 1.58% | 1.54% |
| ▇▅▄█▁▂▅▁ | NPA / Assets (%) | 0.25% | 0.20% | 0.20% | 0.30% | 0.11% | 0.14% | 0.20% | 0.10% |
| ▇▅▅█▁▂▅▁ | Net Charge-Off Ratio (%) | 0.35% | 0.29% | 0.27% | 0.41% | 0.16% | 0.20% | 0.28% | 0.13% |
| ▂▁▂▃▆▆▆█ | Tang. Book Value ($M) | $40 | $38 | $40 | $41 | $44 | $44 | $45 | $47 |
| ▁▂▂▃▄▆██ | Gross Loans ($M) | $270 | $278 | $280 | $286 | $292 | $303 | $316 | $321 |
| ▁▃▃▃▅███ | Total Deposits ($M) | $327 | $350 | $346 | $344 | $362 | $383 | $381 | $388 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 13% |