Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.79% | +0.13 | 0.66% |
| Return on Equity (%) | ▲ | 8.41% | +3.77 | 4.64% |
| Net Interest Margin (%) | ▼ | 4.45% | -0.40 | 4.85% |
| Efficiency Ratio (%) | ▲ | 75.82% | -9.75 | 85.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.75 | $0 |
| Cost of Funds (%) | ▼ | 1.63% | +0.29 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $489 | -0.32 | $489 |
| Gross Loans ($M) | ▲ | $327 | +19.84 | $307 |
| Loan Growth YoY (%) | ▲ | 72.24% | +0.28 | 71.96% |
| Total Deposits ($M) | ▲ | $442 | +27.04 | $415 |
| Shareholders Equity ($M) | ▼ | $33 | -37.53 | $71 |
| Tang. Book Value ($M) | ▼ | $33 | -37.53 | $71 |
| TBV excl. AOCI ($M)** | ▼ | $36 | -38.52 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 72.24% | +0.28 | 71.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.01 | 0.03% |
| Allowance / Loans (%) | — | 2.49% | -0.43% | 2.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.10% | -10.42 | 20.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁█▇▇▅▅ | Net Interest Margin (%) | 4.01% | 3.98% | 3.94% | 4.85% | 4.68% | 4.65% | 4.44% | 4.45% |
| ▄▃▁▅▇██▇ | Return on Assets (%) | 0.61% | 0.58% | 0.42% | 0.66% | 0.77% | 0.86% | 0.84% | 0.79% |
| ▂▃▆█▅▄▁▂ | Efficiency Ratio (%) | 76.4% | 77.1% | 81.4% | 85.6% | 80.1% | 79.1% | 74.0% | 75.8% |
| ▂▂▁▂▁▁▆█ | Cost of Funds (%) | 1.36% | 1.37% | 1.32% | 1.35% | 1.34% | 1.30% | 1.52% | 1.63% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.21% | 0.03% | 0.03% | 0.03% | 0.02% | 0.03% | 0.02% | 0.02% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.39% | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.03% | 0.02% |
| ▇▇▇███▁▁ | Tang. Book Value ($M) | $68 | $68 | $70 | $71 | $73 | $75 | $33 | $33 |
| ▁▂▃▅▇▇██ | Gross Loans ($M) | $267 | $280 | $286 | $307 | $317 | $321 | $332 | $327 |
| ▁▁▂▂▄▆██ | Total Deposits ($M) | $413 | $409 | $415 | $415 | $423 | $434 | $444 | $442 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 16% |