Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.95% | -0.09 | 1.04% |
| Return on Equity (%) | ▼ | 7.60% | -1.39 | 8.99% |
| Net Interest Margin (%) | ▼ | 2.71% | -0.30 | 3.00% |
| Efficiency Ratio (%) | ▼ | 55.79% | +3.34 | 52.45% |
| Pre-Provision Profit ($M) | ▼ | $2 | -1.46 | $3 |
| Cost of Funds (%) | ▲ | 2.53% | -0.08 | 2.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $764 | +49.18 | $715 |
| Gross Loans ($M) | ▲ | $456 | +67.19 | $389 |
| Loan Growth YoY (%) | ▲ | 70.16% | +8.69 | 61.47% |
| Total Deposits ($M) | ▲ | $646 | +17.51 | $629 |
| Shareholders Equity ($M) | ▲ | $98 | +16.85 | $81 |
| Tang. Book Value ($M) | ▲ | $98 | +16.85 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $105 | +16.87 | $88 |
| Loan / Deposit Ratio (%) | ▲ | 70.16% | +8.69 | 61.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.63% | -1.09 | 1.72% |
| Allowance / Loans (%) | — | 0.53% | -0.03% | 0.55% |
| Net Charge-Off Ratio (%) | ▲ | 0.94% | -2.01 | 2.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.52% | +0.88 | 18.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▂▅▆▆▄▁ | Net Interest Margin (%) | 3.24% | 3.19% | 2.80% | 3.00% | 3.06% | 3.05% | 2.94% | 2.71% |
| ▅▇▁▄▄▅█▂ | Return on Assets (%) | 1.12% | 1.24% | 0.84% | 1.04% | 1.05% | 1.11% | 1.32% | 0.95% |
| ▅▃█▅▅▅▁▇ | Efficiency Ratio (%) | 53.0% | 50.4% | 58.1% | 52.4% | 53.1% | 52.3% | 46.5% | 55.8% |
| █▅▄▃▃▅▁▁ | Cost of Funds (%) | 2.86% | 2.72% | 2.67% | 2.61% | 2.62% | 2.71% | 2.56% | 2.53% |
| ▁▂▁▅▅█▇▂ | NPA / Assets (%) | 0.25% | 0.78% | 0.52% | 1.72% | 1.47% | 2.69% | 2.24% | 0.63% |
| ▁▂▁▅▅█▇▂ | Net Charge-Off Ratio (%) | 0.37% | 1.22% | 0.72% | 2.96% | 2.54% | 4.54% | 3.68% | 0.94% |
| ▁▁▂▂▇███ | Tang. Book Value ($M) | $79 | $77 | $80 | $81 | $94 | $96 | $98 | $98 |
| ▁▃▂▃▄▇██ | Gross Loans ($M) | $356 | $384 | $378 | $389 | $407 | $450 | $464 | $456 |
| ▁▂▄▆███▇ | Total Deposits ($M) | $520 | $545 | $587 | $629 | $658 | $675 | $661 | $646 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 32% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 32% |
| Brokered / Other | 61% |