Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.80% | -0.06 | 0.87% |
| Return on Equity (%) | ▼ | 6.70% | -1.02 | 7.72% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.28 | 4.01% |
| Efficiency Ratio (%) | ▼ | 68.63% | +2.52 | 66.11% |
| Pre-Provision Profit ($M) | ▼ | $3 | -1.23 | $5 |
| Cost of Funds (%) | ▲ | 1.69% | -0.60 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,310 | -269.51 | $1,580 |
| Gross Loans ($M) | ▼ | $963 | -122.74 | $1,085 |
| Loan Growth YoY (%) | ▲ | 84.73% | +6.48 | 78.25% |
| Total Deposits ($M) | ▼ | $1,116 | -261.11 | $1,377 |
| Shareholders Equity ($M) | ▼ | $162 | -16.43 | $178 |
| Tang. Book Value ($M) | ▼ | $121 | -12.51 | $133 |
| TBV excl. AOCI ($M)** | ▼ | $131 | -17.76 | $149 |
| Loan / Deposit Ratio (%) | ▲ | 84.73% | +6.48 | 78.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.27% | +2.68 | 0.59% |
| Allowance / Loans (%) | — | 1.79% | 1.05% | 0.74% |
| Net Charge-Off Ratio (%) | ▼ | 4.44% | +3.59 | 0.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▇▇███ | Net Interest Margin (%) | 2.79% | 3.12% | 3.99% | 4.01% | 4.09% | 4.15% | 4.26% | 4.29% |
| ▆▆██▂▁██ | Return on Assets (%) | 0.42% | 0.52% | 0.86% | 0.87% | -0.28% | -0.51% | 0.79% | 0.80% |
| ▁▄▇▇▅▅██ | Efficiency Ratio (%) | 58.4% | 62.8% | 66.1% | 66.1% | 64.2% | 64.0% | 67.8% | 68.6% |
| ██▅▇▆▃▁▁ | Cost of Funds (%) | 2.44% | 2.36% | 2.13% | 2.29% | 2.22% | 1.96% | 1.74% | 1.69% |
| ▁▁▁▁▃██▇ | NPA / Assets (%) | 0.55% | 0.57% | 0.57% | 0.59% | 1.72% | 3.73% | 3.45% | 3.27% |
| ▁▁▁▁▃███ | Net Charge-Off Ratio (%) | 0.84% | 0.83% | 0.83% | 0.85% | 2.30% | 4.92% | 4.61% | 4.44% |
| █▅▆█▂▁▁▂ | Tang. Book Value ($M) | $135 | $128 | $130 | $133 | $122 | $118 | $119 | $121 |
| ▇████▆▃▁ | Gross Loans ($M) | $1,058 | $1,071 | $1,086 | $1,085 | $1,077 | $1,045 | $1,006 | $963 |
| █▇▇█▄▂▁▁ | Total Deposits ($M) | $1,411 | $1,352 | $1,342 | $1,377 | $1,253 | $1,154 | $1,117 | $1,116 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 17% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |