Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -1.62% | +4.75 | -6.37% |
| Return on Equity (%) | ▲ | -4.59% | +15.71 | -20.30% |
| Net Interest Margin (%) | ▲ | 5.54% | +4.62 | 0.92% |
| Efficiency Ratio (%) | ▲ | 128.94% | -178.25 | 307.19% |
| Pre-Provision Profit ($M) | ▲ | $-8 | +36.03 | $-44 |
| Cost of Funds (%) | ▼ | 1.26% | +0.90 | 0.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $906 | -182.42 | $1,088 |
| Gross Loans ($M) | ▲ | $574 | +19.95 | $554 |
| Loan Growth YoY (%) | ▲ | 104.28% | +18.33 | 85.95% |
| Total Deposits ($M) | ▼ | $548 | -93.38 | $641 |
| Shareholders Equity ($M) | ▼ | $332 | -8.83 | $341 |
| Tang. Book Value ($M) | ▼ | $313 | -5.07 | $319 |
| TBV excl. AOCI ($M)** | ▼ | $322 | -2.90 | $325 |
| Loan / Deposit Ratio (%) | ▲ | 104.28% | +18.33 | 85.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.05 | 0.12% |
| Allowance / Loans (%) | — | 0.47% | -0.06% | 0.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.03 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 55.55% | -2.41 | 57.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|
| ▁▃▄██ | Net Interest Margin (%) | 0.92% | 2.40% | 3.18% | 5.56% | 5.54% |
| ▁▃▅█▇ | Return on Assets (%) | -6.37% | -4.25% | -3.32% | -0.55% | -1.62% |
| █▂▁▁▂ | Efficiency Ratio (%) | 307.2% | 142.8% | 122.3% | 103.4% | 128.9% |
| ▁█▇██ | Cost of Funds (%) | 0.36% | 1.27% | 1.16% | 1.22% | 1.26% |
| ▁▁▅▆█ | NPA / Assets (%) | 0.12% | 0.11% | 0.14% | 0.15% | 0.17% |
| ▃▁▇▇█ | Net Charge-Off Ratio (%) | 0.23% | 0.21% | 0.25% | 0.25% | 0.26% |
| ▆██▇▁ | Tang. Book Value ($M) | $319 | $320 | $321 | $320 | $313 |
| ▁▁▆█▇ | Gross Loans ($M) | $554 | $553 | $569 | $578 | $574 |
| █▅▅▅▁ | Total Deposits ($M) | $641 | $600 | $601 | $596 | $548 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 4% |
| Consumer | 21% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 97% |
| Brokered / Other | 3% |