Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.01 | 1.54% |
| Return on Equity (%) | ▼ | 12.33% | -0.33 | 12.66% |
| Net Interest Margin (%) | ▲ | 4.63% | +0.01 | 4.62% |
| Efficiency Ratio (%) | ▼ | 57.95% | +0.72 | 57.23% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.51 | $6 |
| Cost of Funds (%) | ▲ | 1.70% | -0.26 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,370 | +105.20 | $1,264 |
| Gross Loans ($M) | ▲ | $1,042 | +73.76 | $969 |
| Loan Growth YoY (%) | ▼ | 91.94% | -1.31 | 93.25% |
| Total Deposits ($M) | ▲ | $1,126 | +95.00 | $1,031 |
| Shareholders Equity ($M) | ▲ | $171 | +17.01 | $154 |
| Tang. Book Value ($M) | ▲ | $171 | +17.36 | $153 |
| TBV excl. AOCI ($M)** | ▲ | $180 | +18.31 | $161 |
| Loan / Deposit Ratio (%) | ▼ | 91.94% | -1.31 | 93.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.00 | 0.87% |
| Allowance / Loans (%) | — | 0.72% | -0.06% | 0.78% |
| Net Charge-Off Ratio (%) | ▲ | 0.62% | -0.10 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -17.87 | 17.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆██▆▆ | Net Interest Margin (%) | 4.38% | 4.45% | 4.59% | 4.62% | 4.70% | 4.75% | 4.62% | 4.63% |
| ▁▁▆▆██▆▇ | Return on Assets (%) | 1.41% | 1.40% | 1.53% | 1.54% | 1.57% | 1.59% | 1.54% | 1.55% |
| ▆█▂▁▁▁▄▃ | Efficiency Ratio (%) | 59.0% | 59.8% | 57.4% | 57.2% | 56.9% | 56.9% | 58.0% | 57.9% |
| ██▄█▄▄▁▁ | Cost of Funds (%) | 2.00% | 1.98% | 1.84% | 1.96% | 1.83% | 1.81% | 1.70% | 1.70% |
| ▁▁▁▄▅▅█▄ | NPA / Assets (%) | 0.44% | 0.40% | 0.47% | 0.87% | 0.91% | 0.93% | 1.37% | 0.88% |
| ▁▁▁▅▅▅█▄ | Net Charge-Off Ratio (%) | 0.21% | 0.15% | 0.25% | 0.72% | 0.76% | 0.78% | 1.18% | 0.62% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $145 | $145 | $150 | $153 | $160 | $164 | $167 | $171 |
| ▂▁▂▄▄▆▄█ | Gross Loans ($M) | $918 | $899 | $924 | $969 | $965 | $995 | $970 | $1,042 |
| ▁▁▅▅▆▅▇█ | Total Deposits ($M) | $919 | $925 | $1,032 | $1,031 | $1,050 | $1,046 | $1,092 | $1,126 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 2% |
| Other | 24% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |