Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.94 | 0.58% |
| Return on Equity (%) | ▲ | 15.74% | +8.94 | 6.80% |
| Net Interest Margin (%) | ▲ | 2.69% | +0.38 | 2.31% |
| Efficiency Ratio (%) | ▲ | 84.66% | -9.82 | 94.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.49 | $0 |
| Cost of Funds (%) | ▲ | 1.98% | -0.23 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $637 | +15.88 | $621 |
| Gross Loans ($M) | ▲ | $469 | +2.79 | $467 |
| Loan Growth YoY (%) | ▲ | 91.71% | +1.46 | 90.25% |
| Total Deposits ($M) | ▼ | $508 | -5.21 | $513 |
| Shareholders Equity ($M) | ▲ | $65 | +9.62 | $55 |
| Tang. Book Value ($M) | ▲ | $65 | +9.62 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +10.09 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 91.71% | +1.46 | 90.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.09 | 0.02% |
| Allowance / Loans (%) | — | 0.81% | 0.02% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.12 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.13% | +0.72 | 13.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 2.11% | 2.12% | 2.21% | 2.31% | 2.37% | 2.44% | 2.62% | 2.69% |
| ▅▄▁▄▆▆▃█ | Return on Assets (%) | 0.81% | 0.50% | -0.30% | 0.58% | 0.86% | 0.91% | 0.18% | 1.53% |
| ███▆▄▃▂▁ | Efficiency Ratio (%) | 98.2% | 97.8% | 98.1% | 94.5% | 91.2% | 88.7% | 87.4% | 84.7% |
| ██▆▅▄▃▁▁ | Cost of Funds (%) | 2.41% | 2.39% | 2.30% | 2.21% | 2.19% | 2.09% | 1.99% | 1.98% |
| ▄▃▃▁▃██▇ | NPA / Assets (%) | 0.06% | 0.05% | 0.05% | 0.02% | 0.05% | 0.12% | 0.12% | 0.10% |
| ▄▃▃▁▃██▇ | Net Charge-Off Ratio (%) | 0.08% | 0.06% | 0.06% | 0.02% | 0.07% | 0.16% | 0.16% | 0.14% |
| ▂▁▁▃▄▆▆█ | Tang. Book Value ($M) | $55 | $52 | $52 | $55 | $58 | $60 | $60 | $65 |
| ▁▄▅▅█▇█▅ | Gross Loans ($M) | $455 | $464 | $470 | $467 | $478 | $474 | $477 | $469 |
| ▁▃▅▅▇█▅▃ | Total Deposits ($M) | $501 | $508 | $512 | $513 | $516 | $520 | $513 | $508 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 27% |