Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.93% | -0.03 | 0.96% |
| Return on Equity (%) | ▼ | 6.92% | -0.55 | 7.47% |
| Net Interest Margin (%) | ▲ | 2.71% | +0.05 | 2.67% |
| Efficiency Ratio (%) | ▼ | 58.13% | +1.65 | 56.47% |
| Pre-Provision Profit ($M) | ▼ | $7 | -0.56 | $8 |
| Cost of Funds (%) | ▲ | 0.81% | -0.06 | 0.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,438 | -34.03 | $2,472 |
| Gross Loans ($M) | ▼ | $494 | -30.36 | $524 |
| Loan Growth YoY (%) | ▼ | 23.33% | -0.84 | 24.17% |
| Total Deposits ($M) | ▼ | $2,092 | -52.35 | $2,144 |
| Shareholders Equity ($M) | ▲ | $336 | +17.99 | $318 |
| Tang. Book Value ($M) | ▲ | $336 | +17.88 | $318 |
| TBV excl. AOCI ($M)** | ▲ | $403 | +24.99 | $378 |
| Loan / Deposit Ratio (%) | ▼ | 23.33% | -0.84 | 24.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.02 | 0.04% |
| Allowance / Loans (%) | — | 1.19% | 0.05% | 1.14% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.10 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 53.22% | +1.97 | 51.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇█▇██ | Net Interest Margin (%) | 2.48% | 2.52% | 2.64% | 2.67% | 2.70% | 2.68% | 2.71% | 2.71% |
| ▁▃▆███▇▆ | Return on Assets (%) | 0.83% | 0.87% | 0.93% | 0.96% | 0.97% | 0.97% | 0.94% | 0.93% |
| █▇▃▁▁▁▃▄ | Efficiency Ratio (%) | 61.2% | 60.1% | 57.5% | 56.5% | 56.2% | 56.5% | 57.7% | 58.1% |
| ▁▃▄▆██▆▄ | Cost of Funds (%) | 0.71% | 0.77% | 0.79% | 0.87% | 0.92% | 0.92% | 0.86% | 0.81% |
| ▄▄▁▂▄█▃▅ | NPA / Assets (%) | 0.05% | 0.05% | 0.03% | 0.04% | 0.05% | 0.08% | 0.04% | 0.06% |
| ▃▄▁▂▄█▄▆ | Net Charge-Off Ratio (%) | 0.20% | 0.23% | 0.12% | 0.18% | 0.23% | 0.37% | 0.22% | 0.28% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $306 | $309 | $314 | $318 | $323 | $328 | $332 | $336 |
| █▇▆▆▅▃▁▁ | Gross Loans ($M) | $537 | $529 | $525 | $524 | $519 | $510 | $499 | $494 |
| ▁▁▆██▇▆▂ | Total Deposits ($M) | $2,086 | $2,080 | $2,125 | $2,144 | $2,148 | $2,135 | $2,127 | $2,092 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 8% |