「・・・」「」
"Unexpected hobby, transfer student." "I'm cute, so I'll let it slide."
Literal
Unexpected [attr-な] hobby is [な]... transfer-student. / I [topic-は] cute is-[because-から] forgive.
A very short exchange. 意外な趣味 ('unexpected hobby') labels the previous observation. The speaker then addresses the listener as 転校生 ('transfer student'), using the label directly — a habit in anime/manga dialogue where relationships aren't yet on first-name terms. The retort 俺は可愛いから許す is self-aggrandizing humor: 'I'm cute, so I'll forgive [you],' with 許す ('forgive, allow') in plain form as a blunt masculine verb. The 'because I'm cute' logic is deliberately absurd.