Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.65% | +0.26 | 0.39% |
| Return on Equity (%) | ▲ | 7.14% | +3.08 | 4.06% |
| Net Interest Margin (%) | ▲ | 3.08% | +0.24 | 2.83% |
| Efficiency Ratio (%) | ▲ | 65.57% | -11.08 | 76.64% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.47 | $2 |
| Cost of Funds (%) | ▲ | 2.73% | -0.29 | 3.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,143 | +118.44 | $1,025 |
| Gross Loans ($M) | ▲ | $950 | +139.09 | $811 |
| Loan Growth YoY (%) | ▲ | 96.87% | +3.35 | 93.52% |
| Total Deposits ($M) | ▲ | $970 | +111.85 | $859 |
| Shareholders Equity ($M) | ▲ | $108 | +6.83 | $101 |
| Tang. Book Value ($M) | ▲ | $108 | +6.83 | $101 |
| TBV excl. AOCI ($M)** | ▲ | $114 | +7.91 | $106 |
| Loan / Deposit Ratio (%) | ▲ | 96.87% | +3.35 | 93.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.30 | 0.03% |
| Allowance / Loans (%) | — | 1.06% | 0.06% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.36 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.34% | -1.12 | 12.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▇▇█ | Net Interest Margin (%) | 2.48% | 2.53% | 2.80% | 2.83% | 2.91% | 2.95% | 2.96% | 3.08% |
| ▁▁▄▄▅▆██ | Return on Assets (%) | 0.21% | 0.24% | 0.42% | 0.39% | 0.45% | 0.51% | 0.61% | 0.65% |
| ██▇▆▄▃▁▁ | Efficiency Ratio (%) | 81.6% | 81.2% | 78.6% | 76.6% | 73.3% | 70.7% | 67.1% | 65.6% |
| █▇▄▄▄▁▁▁ | Cost of Funds (%) | 3.48% | 3.33% | 3.01% | 3.02% | 3.02% | 2.67% | 2.64% | 2.73% |
| ▁▁▁▁▁▅█▄ | NPA / Assets (%) | 0.00% | 0.03% | 0.03% | 0.03% | 0.03% | 0.37% | 0.69% | 0.33% |
| ▁▁▁▁▁▅█▄ | Net Charge-Off Ratio (%) | 0.00% | 0.04% | 0.03% | 0.03% | 0.03% | 0.49% | 0.88% | 0.39% |
| ▁▁▆▆▇███ | Tang. Book Value ($M) | $81 | $81 | $100 | $101 | $103 | $105 | $106 | $108 |
| ▁▁▂▃▅▇▇█ | Gross Loans ($M) | $738 | $761 | $770 | $811 | $858 | $900 | $915 | $950 |
| ▁▁▃▃▄██▇ | Total Deposits ($M) | $765 | $794 | $832 | $859 | $888 | $1,020 | $993 | $970 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 15% |