Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.15 | 0.76% |
| Return on Equity (%) | ▲ | 10.13% | +1.79 | 8.34% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.27 | 3.41% |
| Efficiency Ratio (%) | ▲ | 64.17% | -8.63 | 72.80% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.75 | $3 |
| Cost of Funds (%) | ▲ | 2.54% | -0.15 | 2.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,336 | +140.06 | $1,196 |
| Gross Loans ($M) | ▲ | $1,148 | +129.90 | $1,018 |
| Loan Growth YoY (%) | ▲ | 96.66% | +0.19 | 96.46% |
| Total Deposits ($M) | ▲ | $1,176 | +130.91 | $1,045 |
| Shareholders Equity ($M) | ▲ | $117 | +9.91 | $107 |
| Tang. Book Value ($M) | ▲ | $116 | +9.99 | $106 |
| Loan / Deposit Ratio (%) | ▲ | 96.66% | +0.19 | 96.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.49% | -0.15 | 0.64% |
| Allowance / Loans (%) | — | 0.95% | 0.01% | 0.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.55% | -0.20 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▄▅██ | Net Interest Margin (%) | 3.39% | 3.40% | 3.35% | 3.41% | 3.50% | 3.53% | 3.66% | 3.67% |
| ▁▃▁▃▅▇▆█ | Return on Assets (%) | 0.70% | 0.76% | 0.72% | 0.76% | 0.82% | 0.86% | 0.85% | 0.91% |
| ▂▂█▇▅▅▂▁ | Efficiency Ratio (%) | 65.7% | 66.6% | 74.4% | 72.8% | 70.0% | 69.6% | 66.1% | 64.2% |
| ██▇▄▆▅▅▁ | Cost of Funds (%) | 2.91% | 2.87% | 2.86% | 2.68% | 2.79% | 2.76% | 2.73% | 2.54% |
| ▁▄▅█▇▆▇▅ | NPA / Assets (%) | 0.30% | 0.46% | 0.49% | 0.64% | 0.60% | 0.55% | 0.60% | 0.49% |
| ▁▄▅█▇▆▇▄ | Net Charge-Off Ratio (%) | 0.36% | 0.54% | 0.57% | 0.76% | 0.69% | 0.62% | 0.68% | 0.55% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $100 | $102 | $103 | $106 | $109 | $112 | $114 | $116 |
| ▁▂▂▃▅▇▇█ | Gross Loans ($M) | $946 | $980 | $976 | $1,018 | $1,068 | $1,107 | $1,121 | $1,148 |
| ▁▁▁▃▄▆▇█ | Total Deposits ($M) | $970 | $989 | $993 | $1,045 | $1,072 | $1,115 | $1,127 | $1,176 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 35% |