Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.62% | +0.70 | 1.92% |
| Return on Equity (%) | ▲ | 15.16% | +3.00 | 12.16% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.22 | 4.11% |
| Efficiency Ratio (%) | ▲ | 43.29% | -6.73 | 50.02% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.53 | $5 |
| Cost of Funds (%) | ▲ | 1.17% | -0.23 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $915 | -11.43 | $927 |
| Gross Loans ($M) | ▲ | $545 | +25.82 | $519 |
| Loan Growth YoY (%) | ▲ | 75.03% | +2.39 | 72.64% |
| Total Deposits ($M) | ▲ | $707 | +13.05 | $694 |
| Shareholders Equity ($M) | ▲ | $165 | +16.52 | $149 |
| Tang. Book Value ($M) | ▲ | $160 | +17.75 | $142 |
| TBV excl. AOCI ($M)** | ▲ | $175 | +16.45 | $158 |
| Loan / Deposit Ratio (%) | ▲ | 75.03% | +2.39 | 72.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.03 | 0.38% |
| Allowance / Loans (%) | — | 2.67% | -0.25% | 2.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.58% | -0.10 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▆▇▆█ | Net Interest Margin (%) | 4.00% | 4.05% | 4.02% | 4.11% | 4.24% | 4.28% | 4.24% | 4.33% |
| ▁▁▁▂▃▃█▆ | Return on Assets (%) | 1.83% | 1.73% | 1.85% | 1.92% | 2.20% | 2.09% | 3.02% | 2.62% |
| ███▇▆▆▁▃ | Efficiency Ratio (%) | 52.4% | 52.3% | 50.9% | 50.0% | 48.7% | 48.6% | 39.9% | 43.3% |
| ██▇▆▆▅▃▁ | Cost of Funds (%) | 1.45% | 1.47% | 1.40% | 1.40% | 1.39% | 1.35% | 1.27% | 1.17% |
| ▁▂▄█▇▁▆▇ | NPA / Assets (%) | 0.11% | 0.15% | 0.24% | 0.38% | 0.34% | 0.11% | 0.28% | 0.34% |
| ▁▂▅█▇▁▆▇ | Net Charge-Off Ratio (%) | 0.13% | 0.26% | 0.43% | 0.68% | 0.58% | 0.19% | 0.50% | 0.58% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $133 | $135 | $139 | $142 | $147 | $152 | $157 | $160 |
| ▁▂▁▃▇▆▆█ | Gross Loans ($M) | $507 | $516 | $508 | $519 | $538 | $532 | $531 | $545 |
| ▂▁▆▅▇▇▇█ | Total Deposits ($M) | $680 | $674 | $698 | $694 | $701 | $700 | $701 | $707 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 8% |