Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.02% | +0.59 | 1.43% |
| Return on Equity (%) | ▲ | 14.03% | +1.68 | 12.35% |
| Net Interest Margin (%) | ▲ | 4.44% | +0.80 | 3.64% |
| Efficiency Ratio (%) | ▲ | 41.71% | -2.99 | 44.69% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.64 | $4 |
| Cost of Funds (%) | ▲ | 2.31% | -0.56 | 2.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $770 | -17.25 | $787 |
| Gross Loans ($M) | ▼ | $616 | -20.17 | $636 |
| Loan Growth YoY (%) | ▲ | 93.19% | +1.42 | 91.77% |
| Total Deposits ($M) | ▼ | $651 | -31.79 | $683 |
| Shareholders Equity ($M) | ▲ | $114 | +15.25 | $99 |
| Tang. Book Value ($M) | ▲ | $114 | +15.25 | $99 |
| TBV excl. AOCI ($M)** | ▲ | $116 | +15.35 | $100 |
| Loan / Deposit Ratio (%) | ▲ | 93.19% | +1.42 | 91.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.09 | 0.25% |
| Allowance / Loans (%) | — | 1.50% | 0.01% | 1.49% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.14 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.96% | 3.05% | 3.48% | 3.64% | 3.78% | 3.91% | 4.42% | 4.44% |
| ▁▁▃▃▄▅██ | Return on Assets (%) | 1.22% | 1.16% | 1.39% | 1.43% | 1.52% | 1.65% | 2.05% | 2.02% |
| █▆▅▆▅▃▁▂ | Efficiency Ratio (%) | 47.1% | 44.8% | 43.8% | 44.7% | 44.1% | 42.8% | 40.4% | 41.7% |
| ██▇▅▅▃▁▁ | Cost of Funds (%) | 3.23% | 3.19% | 3.07% | 2.87% | 2.77% | 2.57% | 2.38% | 2.31% |
| ▁▅▅▅▂▁▁█ | NPA / Assets (%) | 0.14% | 0.24% | 0.25% | 0.25% | 0.17% | 0.15% | 0.12% | 0.34% |
| ▇███▄▂▁▁ | Net Charge-Off Ratio (%) | 0.18% | 0.20% | 0.20% | 0.20% | 0.10% | 0.07% | 0.04% | 0.05% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $91 | $92 | $96 | $99 | $102 | $106 | $110 | $114 |
| ██▆▃▁▁▂▁ | Gross Loans ($M) | $693 | $687 | $669 | $636 | $610 | $618 | $622 | $616 |
| ██▄▃▁▁▁▁ | Total Deposits ($M) | $784 | $768 | $712 | $683 | $661 | $658 | $646 | $651 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 22% |