Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.64% | -1.38 | 0.74% |
| Return on Equity (%) | ▼ | -7.07% | -14.08 | 7.01% |
| Net Interest Margin (%) | ▲ | 4.57% | +0.23 | 4.34% |
| Efficiency Ratio (%) | ▼ | 81.37% | +1.24 | 80.13% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.44 | $0 |
| Cost of Funds (%) | ▲ | 1.59% | -0.09 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $781 | +254.64 | $526 |
| Gross Loans ($M) | ▲ | $603 | +195.47 | $408 |
| Loan Growth YoY (%) | ▼ | 84.64% | -2.01 | 86.65% |
| Total Deposits ($M) | ▲ | $704 | +239.05 | $465 |
| Shareholders Equity ($M) | ▲ | $67 | +13.69 | $53 |
| Tang. Book Value ($M) | ▲ | $57 | +6.68 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $60 | +8.85 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 84.64% | -2.01 | 86.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.62% | -2.25 | 2.87% |
| Allowance / Loans (%) | — | 1.23% | 0.03% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.68% | -3.02 | 3.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.22% | +9.22 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▄▄█▆█ | Net Interest Margin (%) | 4.16% | 4.21% | 4.44% | 4.34% | 4.34% | 4.57% | 4.46% | 4.57% |
| ███▆▆▆▅▁ | Return on Assets (%) | 1.50% | 1.56% | 1.43% | 0.74% | 0.81% | 0.91% | 0.61% | -0.64% |
| ▁▁▂█▇▇██ | Efficiency Ratio (%) | 61.8% | 61.3% | 65.1% | 80.1% | 78.6% | 78.1% | 81.3% | 81.4% |
| █▆▃▂▄▂▁▁ | Cost of Funds (%) | 2.08% | 1.95% | 1.75% | 1.67% | 1.77% | 1.64% | 1.58% | 1.59% |
| ▁▁▁██▄▄▂ | NPA / Assets (%) | 0.21% | 0.25% | 0.24% | 2.87% | 2.80% | 1.51% | 1.48% | 0.62% |
| ▁▁▁██▅▄▂ | Net Charge-Off Ratio (%) | 0.23% | 0.31% | 0.30% | 3.70% | 3.49% | 1.97% | 1.89% | 0.68% |
| ▃▃▂▁▁██▅ | Tang. Book Value ($M) | $53 | $54 | $53 | $50 | $52 | $62 | $62 | $57 |
| ▁▁▁▁▁███ | Gross Loans ($M) | $424 | $424 | $424 | $408 | $414 | $604 | $618 | $603 |
| ▁▁▁▁▁███ | Total Deposits ($M) | $462 | $450 | $467 | $465 | $452 | $708 | $706 | $704 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 12% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 19% |