Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.38 | 0.70% |
| Return on Equity (%) | ▲ | 11.54% | +3.23 | 8.31% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.66 | 3.13% |
| Efficiency Ratio (%) | ▲ | 59.33% | -8.50 | 67.83% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.13 | $3 |
| Cost of Funds (%) | ▲ | 1.71% | -0.25 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $990 | +41.62 | $949 |
| Gross Loans ($M) | ▲ | $698 | +46.08 | $652 |
| Loan Growth YoY (%) | ▲ | 77.47% | +1.52 | 75.95% |
| Total Deposits ($M) | ▲ | $891 | +42.35 | $849 |
| Shareholders Equity ($M) | ▲ | $94 | +11.87 | $83 |
| Tang. Book Value ($M) | ▲ | $94 | +11.87 | $83 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +10.92 | $95 |
| Loan / Deposit Ratio (%) | ▲ | 77.47% | +1.52 | 75.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.04 | 0.05% |
| Allowance / Loans (%) | — | 1.06% | -0.01% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.04 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.29% | -0.44 | 14.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.54% | 2.62% | 2.98% | 3.13% | 3.24% | 3.37% | 3.73% | 3.79% |
| ▁▁▄▃▅▅▇█ | Return on Assets (%) | 0.51% | 0.57% | 0.75% | 0.70% | 0.80% | 0.85% | 0.99% | 1.07% |
| ██▆▄▃▃▁▁ | Efficiency Ratio (%) | 77.6% | 75.6% | 71.2% | 67.8% | 66.1% | 64.5% | 59.7% | 59.3% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 2.28% | 2.20% | 1.93% | 1.96% | 1.98% | 1.85% | 1.72% | 1.71% |
| ▄▁▄▄▄███ | NPA / Assets (%) | 0.05% | 0.02% | 0.05% | 0.05% | 0.05% | 0.09% | 0.09% | 0.09% |
| ▄▁▄▄▃██▁ | Net Charge-Off Ratio (%) | 0.08% | 0.03% | 0.08% | 0.07% | 0.07% | 0.13% | 0.14% | 0.04% |
| ▄▁▃▃▇▇██ | Tang. Book Value ($M) | $84 | $76 | $81 | $83 | $90 | $91 | $93 | $94 |
| ▁▂▂▆▇███ | Gross Loans ($M) | $568 | $587 | $592 | $652 | $678 | $693 | $682 | $698 |
| ▃▅▃▁▅██▇ | Total Deposits ($M) | $865 | $881 | $867 | $849 | $877 | $904 | $901 | $891 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 18% |