Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.12 | 0.91% |
| Return on Equity (%) | ▲ | 9.37% | +0.62 | 8.75% |
| Net Interest Margin (%) | ▲ | 4.68% | +0.23 | 4.46% |
| Efficiency Ratio (%) | ▲ | 60.43% | -3.36 | 63.80% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.01 | $3 |
| Cost of Funds (%) | ▲ | 1.62% | -0.38 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $823 | +76.12 | $747 |
| Gross Loans ($M) | ▲ | $665 | +38.92 | $626 |
| Loan Growth YoY (%) | ▼ | 90.19% | -2.26 | 92.44% |
| Total Deposits ($M) | ▲ | $725 | +57.21 | $668 |
| Shareholders Equity ($M) | ▲ | $94 | +18.19 | $75 |
| Tang. Book Value ($M) | ▲ | $94 | +18.20 | $75 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +18.54 | $77 |
| Loan / Deposit Ratio (%) | ▼ | 90.19% | -2.26 | 92.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.10 | 0.27% |
| Allowance / Loans (%) | — | 1.64% | 0.28% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 0.45% | +0.13 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.76% | +1.56 | 10.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▆██ | Net Interest Margin (%) | 4.04% | 4.12% | 4.45% | 4.46% | 4.48% | 4.52% | 4.70% | 4.68% |
| ▁▂█▆▇█▆█ | Return on Assets (%) | 0.70% | 0.75% | 1.00% | 0.91% | 0.98% | 1.01% | 0.91% | 1.03% |
| ██▄▄▃▂▃▁ | Efficiency Ratio (%) | 67.5% | 66.9% | 63.5% | 63.8% | 62.6% | 62.1% | 62.7% | 60.4% |
| █▇▆▅▆▃▁▁ | Cost of Funds (%) | 2.31% | 2.21% | 2.05% | 2.01% | 2.10% | 1.87% | 1.62% | 1.62% |
| █▄▃▂▂▁▁▃ | NPA / Assets (%) | 1.00% | 0.42% | 0.34% | 0.27% | 0.17% | 0.15% | 0.03% | 0.36% |
| █▄▃▂▂▁▁▃ | Net Charge-Off Ratio (%) | 1.22% | 0.50% | 0.40% | 0.32% | 0.21% | 0.17% | 0.04% | 0.45% |
| ▁▁▂▂▃▄██ | Tang. Book Value ($M) | $71 | $72 | $74 | $75 | $77 | $79 | $91 | $94 |
| ▁▃▄▆▆▇██ | Gross Loans ($M) | $538 | $572 | $598 | $626 | $633 | $643 | $660 | $665 |
| ▁▂▃▅▆▆██ | Total Deposits ($M) | $579 | $602 | $627 | $668 | $679 | $683 | $709 | $725 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 29% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 14% |