Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.41 | 0.36% |
| Return on Equity (%) | ▲ | 7.99% | +4.37 | 3.62% |
| Net Interest Margin (%) | ▲ | 2.47% | +0.48 | 1.99% |
| Efficiency Ratio (%) | ▲ | 56.47% | -12.06 | 68.52% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.49 | $3 |
| Cost of Funds (%) | ▲ | 2.92% | -0.13 | 3.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,671 | +156.49 | $1,515 |
| Gross Loans ($M) | ▲ | $1,403 | +110.28 | $1,293 |
| Loan Growth YoY (%) | ▼ | 115.77% | -2.91 | 118.67% |
| Total Deposits ($M) | ▲ | $1,203 | +122.13 | $1,081 |
| Shareholders Equity ($M) | ▲ | $163 | +14.98 | $148 |
| Tang. Book Value ($M) | ▲ | $163 | +14.98 | $148 |
| TBV excl. AOCI ($M)** | ▲ | $167 | +15.16 | $152 |
| Loan / Deposit Ratio (%) | ▼ | 115.77% | -2.91 | 118.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.00 | 0.08% |
| Allowance / Loans (%) | — | 0.73% | -0.03% | 0.76% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.00 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.94% | +0.24 | 13.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 1.86% | 1.89% | 1.88% | 1.99% | 2.08% | 2.15% | 2.47% | 2.47% |
| ▁▁▂▂▄▄██ | Return on Assets (%) | 0.24% | 0.28% | 0.35% | 0.36% | 0.45% | 0.50% | 0.76% | 0.77% |
| ██▇▅▄▃▁▁ | Efficiency Ratio (%) | 80.3% | 79.6% | 75.9% | 68.5% | 65.9% | 64.5% | 56.7% | 56.5% |
| █▆▄▄▆▃▁▁ | Cost of Funds (%) | 3.24% | 3.15% | 3.06% | 3.06% | 3.11% | 2.99% | 2.88% | 2.92% |
| ▂█▂▂▁▁▁▂ | NPA / Assets (%) | 0.08% | 0.14% | 0.09% | 0.08% | 0.07% | 0.07% | 0.07% | 0.09% |
| ▂█▃▂▁▁▁▂ | Net Charge-Off Ratio (%) | 0.10% | 0.17% | 0.11% | 0.10% | 0.09% | 0.08% | 0.09% | 0.10% |
| ▁▂▂▃▄▅▇█ | Tang. Book Value ($M) | $143 | $146 | $147 | $148 | $151 | $154 | $158 | $163 |
| ▁▁▂▅▆███ | Gross Loans ($M) | $1,125 | $1,145 | $1,186 | $1,293 | $1,316 | $1,382 | $1,402 | $1,403 |
| ▁▂▃▄▆▆██ | Total Deposits ($M) | $960 | $1,015 | $1,052 | $1,081 | $1,120 | $1,144 | $1,211 | $1,203 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 41% |