Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.16 | 0.78% |
| Return on Equity (%) | ▲ | 3.43% | +0.43 | 3.00% |
| Net Interest Margin (%) | ▲ | 2.28% | +0.27 | 2.01% |
| Efficiency Ratio (%) | ▲ | 52.37% | -6.06 | 58.43% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.10 | $5 |
| Cost of Funds (%) | ▲ | 1.49% | -0.17 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,997 | -15.57 | $2,013 |
| Gross Loans ($M) | ▲ | $913 | +40.24 | $873 |
| Loan Growth YoY (%) | ▲ | 66.27% | +4.43 | 61.84% |
| Total Deposits ($M) | ▼ | $1,371 | -33.72 | $1,404 |
| Shareholders Equity ($M) | ▲ | $552 | +19.72 | $533 |
| Tang. Book Value ($M) | ▲ | $552 | +19.72 | $533 |
| TBV excl. AOCI ($M)** | ▲ | $596 | +16.92 | $579 |
| Loan / Deposit Ratio (%) | ▲ | 66.27% | +4.43 | 61.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.01 | 0.14% |
| Allowance / Loans (%) | — | 0.56% | 0.02% | 0.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.03 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 1.71% | 1.74% | 1.98% | 2.01% | 2.04% | 2.08% | 2.26% | 2.28% |
| ▁▁▂▅▅▆██ | Return on Assets (%) | 0.58% | 0.59% | 0.66% | 0.78% | 0.77% | 0.82% | 0.96% | 0.94% |
| ███▅▅▃▁▁ | Efficiency Ratio (%) | 63.0% | 63.2% | 62.1% | 58.4% | 58.0% | 55.0% | 52.1% | 52.4% |
| █▇▄▄▄▃▁▁ | Cost of Funds (%) | 1.85% | 1.79% | 1.65% | 1.65% | 1.66% | 1.60% | 1.50% | 1.49% |
| ▁▆▅▇▅▆█▇ | NPA / Assets (%) | 0.06% | 0.12% | 0.11% | 0.14% | 0.11% | 0.12% | 0.15% | 0.13% |
| ▁▆▆▇▅▅█▆ | Net Charge-Off Ratio (%) | 0.15% | 0.29% | 0.27% | 0.31% | 0.26% | 0.26% | 0.34% | 0.28% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $523 | $523 | $528 | $533 | $538 | $543 | $548 | $552 |
| ▁▂▃▅▇███ | Gross Loans ($M) | $809 | $826 | $843 | $873 | $894 | $910 | $910 | $913 |
| ▇██▅▅▃▃▁ | Total Deposits ($M) | $1,424 | $1,434 | $1,437 | $1,404 | $1,409 | $1,389 | $1,388 | $1,371 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 20% |