Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.24 | 0.47% |
| Return on Equity (%) | ▲ | 7.42% | +2.41 | 5.01% |
| Net Interest Margin (%) | ▲ | 2.86% | +0.10 | 2.76% |
| Efficiency Ratio (%) | ▲ | 68.88% | -9.08 | 77.96% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.84 | $4 |
| Cost of Funds (%) | ▲ | 1.91% | -0.12 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,523 | +127.05 | $2,396 |
| Gross Loans ($M) | ▲ | $1,703 | +122.03 | $1,580 |
| Loan Growth YoY (%) | ▲ | 76.05% | +1.87 | 74.18% |
| Total Deposits ($M) | ▲ | $2,218 | +108.29 | $2,110 |
| Shareholders Equity ($M) | ▲ | $243 | +20.07 | $223 |
| Tang. Book Value ($M) | ▲ | $236 | +20.24 | $216 |
| TBV excl. AOCI ($M)** | ▲ | $265 | +22.33 | $243 |
| Loan / Deposit Ratio (%) | ▲ | 76.05% | +1.87 | 74.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.07 | 0.23% |
| Allowance / Loans (%) | — | 0.91% | -0.05% | 0.96% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.11 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.87% | -0.31 | 14.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▅▇▅█ | Net Interest Margin (%) | 2.75% | 2.77% | 2.75% | 2.76% | 2.82% | 2.84% | 2.81% | 2.86% |
| ▃▁▁▃▆███ | Return on Assets (%) | 0.49% | 0.38% | 0.40% | 0.47% | 0.59% | 0.67% | 0.69% | 0.71% |
| ▅██▆▃▂▁▁ | Efficiency Ratio (%) | 77.1% | 82.5% | 80.8% | 78.0% | 73.6% | 71.6% | 68.7% | 68.9% |
| ██▅▆▆▅▁▃ | Cost of Funds (%) | 2.15% | 2.13% | 1.99% | 2.03% | 2.03% | 2.03% | 1.83% | 1.91% |
| █▅▆▆▅▂▁▂ | NPA / Assets (%) | 0.28% | 0.21% | 0.24% | 0.23% | 0.22% | 0.17% | 0.14% | 0.16% |
| █▄▆▆▅▂▁▁ | Net Charge-Off Ratio (%) | 0.42% | 0.31% | 0.36% | 0.35% | 0.33% | 0.26% | 0.21% | 0.24% |
| ▂▁▂▃▅▇██ | Tang. Book Value ($M) | $211 | $204 | $211 | $216 | $222 | $230 | $233 | $236 |
| ▁▂▃▄▆▆██ | Gross Loans ($M) | $1,506 | $1,553 | $1,563 | $1,580 | $1,629 | $1,652 | $1,678 | $1,703 |
| ▁▁▂▄▆▆██ | Total Deposits ($M) | $1,972 | $1,990 | $2,015 | $2,110 | $2,151 | $2,166 | $2,248 | $2,218 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 18% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |