Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.77% | -0.04 | 0.81% |
| Return on Equity (%) | ▼ | 6.20% | -0.43 | 6.63% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.17 | 3.56% |
| Efficiency Ratio (%) | ▲ | 61.71% | -5.21 | 66.92% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.53 | $6 |
| Cost of Funds (%) | ▼ | 1.88% | +0.01 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,901 | +147.09 | $1,754 |
| Gross Loans ($M) | ▲ | $1,476 | +122.26 | $1,354 |
| Loan Growth YoY (%) | ▲ | 89.05% | +0.30 | 88.75% |
| Total Deposits ($M) | ▲ | $1,635 | +127.38 | $1,508 |
| Shareholders Equity ($M) | ▲ | $235 | +19.83 | $215 |
| Tang. Book Value ($M) | ▲ | $235 | +19.83 | $215 |
| TBV excl. AOCI ($M)** | ▲ | $245 | +20.30 | $225 |
| Loan / Deposit Ratio (%) | ▲ | 89.05% | +0.30 | 88.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.80% | -0.36 | 1.16% |
| Allowance / Loans (%) | — | 1.33% | 0.20% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 1.03% | -0.47 | 1.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.81% | +0.31 | 16.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▇█ | Net Interest Margin (%) | 3.30% | 3.35% | 3.41% | 3.56% | 3.59% | 3.65% | 3.66% | 3.73% |
| ▁▁▁▅▂█▁▄ | Return on Assets (%) | 0.68% | 0.70% | 0.68% | 0.81% | 0.71% | 0.93% | 0.68% | 0.77% |
| ███▆▄▁▃▁ | Efficiency Ratio (%) | 70.0% | 69.7% | 70.2% | 66.9% | 65.0% | 61.4% | 64.4% | 61.7% |
| ▆▇▂█▇█▁█ | Cost of Funds (%) | 1.85% | 1.86% | 1.80% | 1.87% | 1.86% | 1.87% | 1.79% | 1.88% |
| █▇▇▇▂▁▄▄ | NPA / Assets (%) | 1.30% | 1.16% | 1.11% | 1.16% | 0.48% | 0.32% | 0.73% | 0.80% |
| █▇▇▇▂▁▄▄ | Net Charge-Off Ratio (%) | 1.70% | 1.49% | 1.45% | 1.50% | 0.61% | 0.41% | 0.93% | 1.03% |
| ▁▁▂▃▄▇██ | Tang. Book Value ($M) | $203 | $205 | $209 | $215 | $218 | $228 | $231 | $235 |
| ▁▂▃▄▅▇██ | Gross Loans ($M) | $1,264 | $1,297 | $1,323 | $1,354 | $1,380 | $1,432 | $1,479 | $1,476 |
| ▁▁▃▄▄▅██ | Total Deposits ($M) | $1,418 | $1,429 | $1,495 | $1,508 | $1,515 | $1,539 | $1,615 | $1,635 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 13% |