Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.49% | +0.15 | 0.33% |
| Return on Equity (%) | ▲ | 3.25% | +0.98 | 2.27% |
| Net Interest Margin (%) | ▲ | 2.81% | +0.25 | 2.56% |
| Efficiency Ratio (%) | ▲ | 78.17% | -9.72 | 87.89% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.68 | $1 |
| Cost of Funds (%) | ▲ | 1.31% | -0.05 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,032 | +18.69 | $1,013 |
| Gross Loans ($M) | ▲ | $727 | +47.92 | $679 |
| Loan Growth YoY (%) | ▲ | 83.13% | +4.15 | 78.99% |
| Total Deposits ($M) | ▲ | $872 | +14.36 | $857 |
| Shareholders Equity ($M) | ▲ | $155 | +4.36 | $150 |
| Tang. Book Value ($M) | ▲ | $155 | +4.36 | $150 |
| TBV excl. AOCI ($M)** | ▲ | $163 | +3.42 | $160 |
| Loan / Deposit Ratio (%) | ▲ | 83.13% | +4.15 | 78.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.04 | 0.37% |
| Allowance / Loans (%) | — | 0.25% | 0.05% | 0.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.54% | -0.00 | 0.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 31.68% | -1.35 | 33.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▇█ | Net Interest Margin (%) | 2.26% | 2.25% | 2.48% | 2.56% | 2.62% | 2.64% | 2.71% | 2.81% |
| ▂▁▄▄▄▄██ | Return on Assets (%) | 0.22% | 0.18% | 0.30% | 0.33% | 0.32% | 0.30% | 0.47% | 0.49% |
| ███▇▆▆▁▁ | Efficiency Ratio (%) | 89.4% | 91.0% | 89.4% | 87.9% | 86.7% | 86.3% | 77.3% | 78.2% |
| ██▃▁▁▂▁▁ | Cost of Funds (%) | 1.82% | 1.77% | 1.47% | 1.36% | 1.35% | 1.39% | 1.31% | 1.31% |
| ▃▂▁▃▆█▆▄ | NPA / Assets (%) | 0.38% | 0.36% | 0.32% | 0.37% | 0.45% | 0.52% | 0.45% | 0.41% |
| ▅▃▁▃▆█▆▃ | Net Charge-Off Ratio (%) | 0.59% | 0.53% | 0.47% | 0.54% | 0.63% | 0.69% | 0.62% | 0.54% |
| ▂▁▃▄▆▇▇█ | Tang. Book Value ($M) | $148 | $146 | $149 | $150 | $152 | $153 | $154 | $155 |
| ▁▁▁▂▄▅▆█ | Gross Loans ($M) | $669 | $673 | $674 | $679 | $694 | $703 | $707 | $727 |
| █▆▄▄▁▃█▇ | Total Deposits ($M) | $878 | $866 | $856 | $857 | $840 | $853 | $877 | $872 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 13% |