Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.45 | 0.62% |
| Return on Equity (%) | ▲ | 12.28% | +4.37 | 7.91% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.26 | 3.56% |
| Efficiency Ratio (%) | ▲ | 61.92% | -5.18 | 67.10% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.94 | $3 |
| Cost of Funds (%) | — | 1.62% | 0.00 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $953 | +68.07 | $885 |
| Gross Loans ($M) | ▲ | $733 | +118.02 | $615 |
| Loan Growth YoY (%) | ▲ | 83.84% | +8.82 | 75.02% |
| Total Deposits ($M) | ▲ | $863 | +53.99 | $809 |
| Shareholders Equity ($M) | ▲ | $84 | +14.25 | $70 |
| Tang. Book Value ($M) | ▲ | $84 | +14.25 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $91 | +12.78 | $78 |
| Loan / Deposit Ratio (%) | ▲ | 83.84% | +8.82 | 75.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.25% | +0.34 | 0.91% |
| Allowance / Loans (%) | — | 1.22% | -0.01% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 1.27% | -0.04 | 1.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▅▅▇█ | Net Interest Margin (%) | 3.23% | 3.31% | 3.51% | 3.56% | 3.57% | 3.59% | 3.70% | 3.81% |
| ▁▁▅▁▄▄▆█ | Return on Assets (%) | 0.62% | 0.67% | 0.86% | 0.62% | 0.79% | 0.80% | 0.90% | 1.06% |
| ███▆▄▅▁▁ | Efficiency Ratio (%) | 69.4% | 69.1% | 68.7% | 67.1% | 65.5% | 66.3% | 62.8% | 61.9% |
| ▄▃▂▃▇█▁▃ | Cost of Funds (%) | 1.64% | 1.62% | 1.60% | 1.62% | 1.67% | 1.70% | 1.58% | 1.62% |
| ▁▁▁▃██▇▇ | NPA / Assets (%) | 0.77% | 0.79% | 0.74% | 0.91% | 1.37% | 1.34% | 1.27% | 1.25% |
| ▁▁▁▃█▃▃▂ | Net Charge-Off Ratio (%) | 1.09% | 1.10% | 1.04% | 1.31% | 2.07% | 1.42% | 1.36% | 1.27% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $65 | $64 | $68 | $70 | $74 | $79 | $81 | $84 |
| ▁▁▂▂▂▅▆█ | Gross Loans ($M) | $589 | $598 | $615 | $615 | $616 | $673 | $695 | $733 |
| ▁▁▃▅▇▆██ | Total Deposits ($M) | $749 | $752 | $790 | $809 | $848 | $825 | $860 | $863 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 6% |