Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.30 | 1.06% |
| Return on Equity (%) | ▲ | 18.17% | +2.90 | 15.27% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.33 | 3.24% |
| Efficiency Ratio (%) | ▼ | 56.99% | +1.91 | 55.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.77 | $1 |
| Cost of Funds (%) | ▲ | 2.52% | -0.14 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $569 | +100.81 | $468 |
| Gross Loans ($M) | ▲ | $443 | +113.58 | $329 |
| Loan Growth YoY (%) | ▲ | 86.97% | +7.83 | 79.14% |
| Total Deposits ($M) | ▲ | $504 | +92.28 | $412 |
| Shareholders Equity ($M) | ▲ | $44 | +9.52 | $34 |
| Tang. Book Value ($M) | ▲ | $41 | +9.98 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +9.68 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 86.97% | +7.83 | 79.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.02 | 0.16% |
| Allowance / Loans (%) | — | 1.01% | -0.01% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.05 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.84% | -0.25 | 11.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▁▁▁▂▂▅▅ | Net Interest Margin (%) | 3.88% | 3.24% | 3.20% | 3.24% | 3.29% | 3.30% | 3.56% | 3.57% |
| ▆▁█▆▆▆██ | Return on Assets (%) | 0.99% | 0.37% | 1.27% | 1.06% | 1.09% | 1.04% | 1.36% | 1.36% |
| ▅█▁▂▂▃▂▂ | Efficiency Ratio (%) | 66.6% | 81.2% | 50.0% | 55.1% | 57.3% | 58.2% | 56.8% | 57.0% |
| ▁█▁▁▁▁▁▁ | Cost of Funds (%) | 2.40% | 6.76% | 2.62% | 2.66% | 2.82% | 2.61% | 2.58% | 2.52% |
| ▁▁▂▃▁▂█▃ | NPA / Assets (%) | 0.05% | 0.05% | 0.12% | 0.16% | 0.03% | 0.09% | 0.48% | 0.18% |
| ▁▁▁▃▁▂█▃ | Net Charge-Off Ratio (%) | 0.07% | 0.07% | 0.09% | 0.19% | 0.04% | 0.13% | 0.62% | 0.24% |
| ▁▃▄▆▇▇▇█ | Tang. Book Value ($M) | $13 | $22 | $27 | $31 | $35 | $36 | $37 | $41 |
| ▁▅▅▆▆▇██ | Gross Loans ($M) | $119 | $284 | $298 | $329 | $358 | $400 | $420 | $443 |
| ▁▅▅▆▇███ | Total Deposits ($M) | $155 | $354 | $373 | $412 | $428 | $480 | $478 | $504 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 8% |