Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.04% | -0.28 | 1.32% |
| Return on Equity (%) | ▼ | 8.59% | -4.94 | 13.53% |
| Net Interest Margin (%) | ▲ | 4.85% | +0.35 | 4.49% |
| Efficiency Ratio (%) | ▼ | 66.76% | +8.31 | 58.45% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.03 | $2 |
| Cost of Funds (%) | ▲ | 1.51% | -0.40 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $449 | +75.21 | $374 |
| Gross Loans ($M) | ▲ | $356 | +65.22 | $291 |
| Loan Growth YoY (%) | ▲ | 92.62% | +2.00 | 90.62% |
| Total Deposits ($M) | ▲ | $379 | +62.80 | $316 |
| Shareholders Equity ($M) | ▲ | $54 | +15.46 | $39 |
| Tang. Book Value ($M) | ▲ | $54 | +15.46 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +14.89 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 92.62% | +2.00 | 90.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.05 | 0.05% |
| Allowance / Loans (%) | — | 1.46% | -0.07% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.48% | +0.79 | 13.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▃▅█ | Net Interest Margin (%) | 4.38% | 4.36% | 4.41% | 4.49% | 4.55% | 4.53% | 4.64% | 4.85% |
| ▁▁██▇▆▁▁ | Return on Assets (%) | 1.03% | 1.06% | 1.30% | 1.32% | 1.26% | 1.23% | 1.06% | 1.04% |
| ▅▃▁▁▃▄██ | Efficiency Ratio (%) | 63.0% | 60.9% | 58.2% | 58.5% | 60.8% | 61.8% | 66.4% | 66.8% |
| █▄▄▆▇▁▂▁ | Cost of Funds (%) | 2.06% | 1.74% | 1.72% | 1.91% | 1.93% | 1.47% | 1.61% | 1.51% |
| █▆▆▁▁▁▁▂ | NPA / Assets (%) | 0.25% | 0.19% | 0.19% | 0.05% | 0.06% | 0.05% | 0.05% | 0.09% |
| █▇▆▁▁▁▁▂ | Net Charge-Off Ratio (%) | 0.32% | 0.26% | 0.25% | 0.06% | 0.08% | 0.08% | 0.06% | 0.12% |
| ▁▁▁▂▃▇██ | Tang. Book Value ($M) | $35 | $36 | $37 | $39 | $40 | $52 | $53 | $54 |
| ▁▂▃▃▃▄▆█ | Gross Loans ($M) | $259 | $282 | $287 | $291 | $292 | $306 | $328 | $356 |
| ▁▆▄▃▃█▆█ | Total Deposits ($M) | $292 | $349 | $329 | $316 | $325 | $383 | $355 | $379 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 6% |