Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.13 | 1.58% |
| Return on Equity (%) | ▲ | 12.16% | +2.25 | 9.91% |
| Net Interest Margin (%) | ▼ | 4.11% | -0.34 | 4.44% |
| Efficiency Ratio (%) | ▲ | 41.20% | -5.91 | 47.11% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.30 | $3 |
| Cost of Funds (%) | ▼ | 2.49% | +0.05 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $641 | +124.51 | $516 |
| Gross Loans ($M) | ▲ | $457 | +115.45 | $341 |
| Loan Growth YoY (%) | ▲ | 82.15% | +3.82 | 78.33% |
| Total Deposits ($M) | ▲ | $549 | +118.91 | $430 |
| Shareholders Equity ($M) | ▲ | $89 | +9.78 | $79 |
| Tang. Book Value ($M) | ▲ | $88 | +9.19 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $93 | +9.02 | $84 |
| Loan / Deposit Ratio (%) | ▲ | 82.15% | +3.82 | 78.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.59 | 1.01% |
| Allowance / Loans (%) | — | 1.21% | -0.02% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.60% | -0.94 | 1.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇█▇▆▆▁▂ | Net Interest Margin (%) | 4.46% | 4.43% | 4.56% | 4.44% | 4.40% | 4.34% | 3.96% | 4.11% |
| ▆█▁▄▅▄▁█ | Return on Assets (%) | 1.63% | 1.73% | 1.45% | 1.58% | 1.60% | 1.55% | 1.44% | 1.71% |
| ██▆▇▇▇▁▁ | Efficiency Ratio (%) | 48.7% | 47.7% | 46.6% | 47.1% | 46.7% | 47.4% | 40.4% | 41.2% |
| █▆▃▄▅▄▁▅ | Cost of Funds (%) | 2.64% | 2.52% | 2.38% | 2.44% | 2.46% | 2.43% | 2.28% | 2.49% |
| ██▄▄▄▂▁▁ | NPA / Assets (%) | 1.75% | 1.70% | 1.05% | 1.01% | 0.96% | 0.67% | 0.57% | 0.42% |
| ██▄▄▄▂▁▁ | Net Charge-Off Ratio (%) | 2.75% | 2.60% | 1.55% | 1.53% | 1.48% | 0.99% | 0.79% | 0.60% |
| ▁▁▁▁▃▅▆█ | Tang. Book Value ($M) | $78 | $79 | $78 | $79 | $82 | $84 | $86 | $88 |
| ▁▁▃▃▃▄██ | Gross Loans ($M) | $292 | $308 | $340 | $341 | $352 | $379 | $467 | $457 |
| ▁▁▃▄▅▅██ | Total Deposits ($M) | $351 | $375 | $410 | $430 | $459 | $472 | $558 | $549 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 29% |