Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.02 | 0.62% |
| Return on Equity (%) | ▲ | 6.46% | +0.18 | 6.28% |
| Net Interest Margin (%) | ▲ | 3.18% | +0.16 | 3.02% |
| Efficiency Ratio (%) | ▲ | 74.22% | -1.49 | 75.71% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.27 | $2 |
| Cost of Funds (%) | ▲ | 1.53% | -0.15 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,208 | -37.46 | $1,246 |
| Gross Loans ($M) | ▼ | $1,039 | -13.64 | $1,052 |
| Loan Growth YoY (%) | ▼ | 112.64% | -4.18 | 116.82% |
| Total Deposits ($M) | ▲ | $917 | +21.65 | $895 |
| Shareholders Equity ($M) | ▼ | $123 | -2.45 | $125 |
| Tang. Book Value ($M) | ▼ | $123 | -2.43 | $125 |
| TBV excl. AOCI ($M)** | ▼ | $127 | -3.44 | $131 |
| Loan / Deposit Ratio (%) | ▼ | 112.64% | -4.18 | 116.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.07 | 0.11% |
| Allowance / Loans (%) | — | 0.56% | -0.05% | 0.61% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.08 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 19.41% | -0.09 | 19.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▅▅▅██ | Net Interest Margin (%) | 2.79% | 2.82% | 3.06% | 3.02% | 3.02% | 3.03% | 3.14% | 3.18% |
| ▇▃█▇▇▆▁█ | Return on Assets (%) | 0.62% | 0.55% | 0.65% | 0.62% | 0.62% | 0.60% | 0.50% | 0.64% |
| ▂▇▇▇▆█▁▁ | Efficiency Ratio (%) | 74.6% | 75.7% | 75.7% | 75.7% | 75.6% | 76.2% | 74.4% | 74.2% |
| █▆▅▆▇▅▁▁ | Cost of Funds (%) | 1.74% | 1.68% | 1.66% | 1.68% | 1.70% | 1.64% | 1.54% | 1.53% |
| ▇█▄▄▆▂▂▁ | NPA / Assets (%) | 0.16% | 0.20% | 0.11% | 0.11% | 0.15% | 0.08% | 0.08% | 0.04% |
| ▇█▄▄▆▂▂▁ | Net Charge-Off Ratio (%) | 0.20% | 0.24% | 0.13% | 0.13% | 0.18% | 0.10% | 0.10% | 0.05% |
| ▃▅▇█▁▂▄▆ | Tang. Book Value ($M) | $120 | $121 | $123 | $125 | $117 | $118 | $120 | $123 |
| ▆▇█▅▄▃▁▁ | Gross Loans ($M) | $1,055 | $1,061 | $1,066 | $1,052 | $1,048 | $1,043 | $1,036 | $1,039 |
| ▁▁▇▄▃▂▅█ | Total Deposits ($M) | $877 | $878 | $910 | $895 | $890 | $884 | $901 | $917 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 29% |