Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.45% | -0.16 | 1.61% |
| Return on Equity (%) | ▼ | 23.05% | -8.66 | 31.71% |
| Net Interest Margin (%) | ▼ | 2.72% | -0.28 | 3.00% |
| Efficiency Ratio (%) | ▼ | 32.84% | +1.42 | 31.42% |
| Pre-Provision Profit ($M) | ▲ | $41 | +2.62 | $38 |
| Cost of Funds (%) | ▼ | 1.18% | +0.31 | 0.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $9,230 | +2170.92 | $7,059 |
| Gross Loans ($M) | — | $0 | 0.00 | $0 |
| Loan Growth YoY (%) | — | 0.00% | 0.00 | 0.00% |
| Total Deposits ($M) | ▲ | $8,701 | +2058.09 | $6,643 |
| Shareholders Equity ($M) | ▲ | $513 | +115.95 | $397 |
| Tang. Book Value ($M) | ▲ | $513 | +115.95 | $397 |
| TBV excl. AOCI ($M)** | ▲ | $870 | +200.89 | $669 |
| Loan / Deposit Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.00% | — | 0.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 33.45% | -1.89 | 35.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃██▇█▇▆ | Net Interest Margin (%) | 1.94% | 2.28% | 3.01% | 3.00% | 2.87% | 2.93% | 2.86% | 2.72% |
| ▁▃██████ | Return on Assets (%) | -3.52% | -2.23% | 1.59% | 1.61% | 1.55% | 1.59% | 1.53% | 1.45% |
| █▅▁▁▁▁▁▂ | Efficiency Ratio (%) | 39.8% | 36.3% | 31.8% | 31.4% | 31.7% | 32.0% | 31.4% | 32.8% |
| ▁▅▂▃▂▇▄█ | Cost of Funds (%) | 0.76% | 1.01% | 0.82% | 0.87% | 0.86% | 1.11% | 0.95% | 1.18% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▃▁▄▅▇███ | Tang. Book Value ($M) | $331 | $253 | $354 | $397 | $465 | $510 | $509 | $513 |
| ▄▄▄▄▄▄▄▄ | Gross Loans ($M) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| ▄▁▂▃▅▂▆█ | Total Deposits ($M) | $6,953 | $5,854 | $6,258 | $6,643 | $7,489 | $6,244 | $7,801 | $8,701 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 48% |
| Interest-Bearing (core) | 52% |