Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.10% | +0.18 | -0.28% |
| Return on Equity (%) | ▲ | -1.62% | +3.51 | -5.13% |
| Net Interest Margin (%) | ▲ | 1.76% | +0.24 | 1.52% |
| Efficiency Ratio (%) | ▲ | 106.82% | -12.01 | 118.83% |
| Pre-Provision Profit ($M) | ▲ | $-0 | +0.15 | $-0 |
| Cost of Funds (%) | ▲ | 2.74% | -0.00 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $421 | +21.09 | $400 |
| Gross Loans ($M) | ▲ | $266 | +26.84 | $240 |
| Loan Growth YoY (%) | ▲ | 75.46% | +2.64 | 72.82% |
| Total Deposits ($M) | ▲ | $351 | +23.95 | $327 |
| Shareholders Equity ($M) | ▲ | $24 | +1.38 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +1.38 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +0.84 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 75.46% | +2.64 | 72.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.15% | +0.05 | 0.11% |
| Allowance / Loans (%) | — | 0.53% | -0.01% | 0.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.06 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.44% | -1.88 | 14.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 1.21% | 1.24% | 1.49% | 1.52% | 1.56% | 1.56% | 1.71% | 1.76% |
| ▂▁▃▄▆▆██ | Return on Assets (%) | -0.38% | -0.43% | -0.34% | -0.28% | -0.20% | -0.21% | -0.13% | -0.10% |
| ██▅▃▂▂▁▁ | Efficiency Ratio (%) | 137.1% | 139.0% | 125.1% | 118.8% | 114.2% | 113.8% | 110.3% | 106.8% |
| ▃█▄▄▇▆▁▄ | Cost of Funds (%) | 2.72% | 2.82% | 2.73% | 2.74% | 2.79% | 2.77% | 2.68% | 2.74% |
| ▂▆█▁▁▁▁▂ | NPA / Assets (%) | 0.14% | 0.30% | 0.41% | 0.11% | 0.12% | 0.11% | 0.09% | 0.15% |
| ▂▆█▁▁▁▁▂ | Net Charge-Off Ratio (%) | 0.25% | 0.52% | 0.69% | 0.18% | 0.20% | 0.18% | 0.14% | 0.24% |
| ▆▁▄▅▇███ | Tang. Book Value ($M) | $23 | $20 | $22 | $23 | $24 | $25 | $24 | $24 |
| ▁▂▄▄▄▆▇█ | Gross Loans ($M) | $220 | $228 | $239 | $240 | $241 | $253 | $255 | $266 |
| ▁▂▃▄▆███ | Total Deposits ($M) | $308 | $318 | $320 | $327 | $341 | $350 | $355 | $351 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 68% |
| Brokered / Other | 32% |