Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.30% | -0.72 | 3.02% |
| Return on Equity (%) | ▼ | 21.81% | -6.69 | 28.50% |
| Net Interest Margin (%) | ▲ | 6.96% | +1.21 | 5.76% |
| Efficiency Ratio (%) | ▼ | 52.39% | +0.84 | 51.55% |
| Pre-Provision Profit ($M) | ▲ | $6 | +2.54 | $3 |
| Cost of Funds (%) | ▲ | 2.59% | -0.43 | 3.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $534 | +138.69 | $395 |
| Gross Loans ($M) | ▲ | $462 | +140.00 | $322 |
| Loan Growth YoY (%) | ▲ | 106.31% | +8.28 | 98.03% |
| Total Deposits ($M) | ▲ | $432 | +106.30 | $326 |
| Shareholders Equity ($M) | ▲ | $57 | +9.52 | $48 |
| Tang. Book Value ($M) | ▲ | $55 | +9.57 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +9.46 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 106.31% | +8.28 | 98.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.60% | -0.02 | 0.62% |
| Allowance / Loans (%) | — | 0.47% | -0.21% | 0.67% |
| Net Charge-Off Ratio (%) | ▲ | 0.69% | -0.07 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.81% | -4.46 | 17.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▄██ | Net Interest Margin (%) | 3.92% | 4.16% | 5.73% | 5.76% | 5.45% | 5.43% | 6.90% | 6.96% |
| ▄▄███▇▁▆ | Return on Assets (%) | 1.41% | 1.56% | 3.06% | 3.02% | 2.78% | 2.54% | 0.08% | 2.30% |
| ▄▃▁▁▁▁█▁ | Efficiency Ratio (%) | 70.1% | 68.0% | 52.0% | 51.5% | 53.2% | 53.9% | 97.5% | 52.4% |
| ▁▇▇█▁▄▅▃ | Cost of Funds (%) | 2.36% | 2.86% | 2.85% | 3.02% | 2.34% | 2.61% | 2.72% | 2.59% |
| ▁▁▁▆▇█▄▆ | NPA / Assets (%) | 0.06% | 0.14% | 0.14% | 0.62% | 0.74% | 0.90% | 0.48% | 0.60% |
| ▁▁▁▆▇█▄▆ | Net Charge-Off Ratio (%) | 0.07% | 0.17% | 0.16% | 0.76% | 0.91% | 1.05% | 0.55% | 0.69% |
| ▁▁▃▃▅▇▆█ | Tang. Book Value ($M) | $41 | $41 | $45 | $46 | $49 | $52 | $51 | $55 |
| ▃▂▆▁▆▆██ | Gross Loans ($M) | $358 | $349 | $425 | $322 | $421 | $419 | $460 | $462 |
| ▁▃▅▃█▇▆█ | Total Deposits ($M) | $284 | $329 | $371 | $326 | $441 | $407 | $401 | $432 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| Consumer | 48% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 34% |