Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.78% | +0.18 | 0.61% |
| Return on Equity (%) | ▲ | 6.77% | +0.89 | 5.88% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.48 | 2.58% |
| Efficiency Ratio (%) | ▲ | 67.51% | -3.06 | 70.57% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.91 | $3 |
| Cost of Funds (%) | ▲ | 1.04% | -0.25 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,439 | -37.43 | $1,477 |
| Gross Loans ($M) | ▲ | $659 | +31.38 | $628 |
| Loan Growth YoY (%) | ▲ | 52.48% | +4.34 | 48.14% |
| Total Deposits ($M) | ▼ | $1,252 | -47.67 | $1,300 |
| Shareholders Equity ($M) | ▲ | $168 | +9.65 | $158 |
| Tang. Book Value ($M) | ▲ | $168 | +9.65 | $158 |
| TBV excl. AOCI ($M)** | ▲ | $199 | +7.75 | $191 |
| Loan / Deposit Ratio (%) | ▲ | 52.48% | +4.34 | 48.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.03 | 0.09% |
| Allowance / Loans (%) | — | 0.29% | -0.01% | 0.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.04 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 28.39% | +0.52 | 27.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.11% | 2.16% | 2.52% | 2.58% | 2.62% | 2.67% | 2.97% | 3.06% |
| ▁▁▅▆▆▆▇█ | Return on Assets (%) | 0.31% | 0.33% | 0.55% | 0.61% | 0.62% | 0.62% | 0.70% | 0.78% |
| ██▃▂▂▂▂▁ | Efficiency Ratio (%) | 83.1% | 82.2% | 72.7% | 70.6% | 70.3% | 71.2% | 70.4% | 67.5% |
| █▆▄▅▅▃▁▁ | Cost of Funds (%) | 1.52% | 1.37% | 1.27% | 1.30% | 1.31% | 1.21% | 1.07% | 1.04% |
| ▆▁▁▅▇█▆▇ | NPA / Assets (%) | 0.11% | 0.03% | 0.03% | 0.09% | 0.12% | 0.15% | 0.12% | 0.12% |
| ▆▁▁▅▇█▆▄ | Net Charge-Off Ratio (%) | 0.26% | 0.08% | 0.07% | 0.21% | 0.28% | 0.33% | 0.26% | 0.17% |
| ▂▁▃▅▆███ | Tang. Book Value ($M) | $151 | $147 | $154 | $158 | $162 | $165 | $166 | $168 |
| ▁▁▃▃▅▅▄█ | Gross Loans ($M) | $610 | $611 | $625 | $628 | $637 | $637 | $633 | $659 |
| ▅▇█▆▄▁▂▁ | Total Deposits ($M) | $1,289 | $1,310 | $1,326 | $1,300 | $1,287 | $1,250 | $1,260 | $1,252 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 16% |