Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.90% | -0.04 | 0.95% |
| Return on Equity (%) | ▼ | 10.68% | -1.34 | 12.02% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.08 | 3.92% |
| Efficiency Ratio (%) | ▼ | 71.63% | +1.44 | 70.19% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.02 | $3 |
| Cost of Funds (%) | ▲ | 2.25% | -0.23 | 2.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $908 | +42.83 | $865 |
| Gross Loans ($M) | ▲ | $820 | +67.89 | $752 |
| Loan Growth YoY (%) | ▲ | 106.09% | +10.66 | 95.43% |
| Total Deposits ($M) | ▼ | $765 | -13.74 | $779 |
| Shareholders Equity ($M) | ▲ | $77 | +5.90 | $71 |
| Tang. Book Value ($M) | ▲ | $76 | +5.79 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $79 | +5.95 | $73 |
| Loan / Deposit Ratio (%) | ▲ | 106.09% | +10.66 | 95.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.04 | 0.26% |
| Allowance / Loans (%) | — | 0.93% | -0.17% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.11 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.27% | +0.22 | 11.06% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇████ | Net Interest Margin (%) | 3.64% | 3.67% | 3.83% | 3.92% | 3.97% | 4.00% | 3.97% | 4.00% |
| ▁▂█████▇ | Return on Assets (%) | 0.57% | 0.64% | 0.96% | 0.95% | 0.95% | 0.95% | 0.91% | 0.90% |
| █▇▁▁▁▁▂▂ | Efficiency Ratio (%) | 80.0% | 78.6% | 69.5% | 70.2% | 70.3% | 70.3% | 71.3% | 71.6% |
| █▇▅▄▄▁▁▁ | Cost of Funds (%) | 2.88% | 2.74% | 2.58% | 2.48% | 2.48% | 2.23% | 2.26% | 2.25% |
| ▆▂▁▁▁▁█▃ | NPA / Assets (%) | 0.35% | 0.28% | 0.26% | 0.26% | 0.26% | 0.24% | 0.41% | 0.29% |
| ▇▄▃▄▄▃█▁ | Net Charge-Off Ratio (%) | 0.39% | 0.31% | 0.27% | 0.29% | 0.29% | 0.26% | 0.44% | 0.18% |
| ▁▂▃▅▇▇██ | Tang. Book Value ($M) | $64 | $66 | $68 | $71 | $73 | $74 | $75 | $76 |
| ▁▅▅▁▁▇▇█ | Gross Loans ($M) | $744 | $787 | $789 | $752 | $751 | $805 | $804 | $820 |
| ▁▇██▆▅█▇ | Total Deposits ($M) | $710 | $771 | $775 | $779 | $757 | $754 | $782 | $765 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 22% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 18% |