Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.90% | -0.04 | 0.94% |
| Return on Equity (%) | ▼ | 9.27% | -1.00 | 10.27% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.13 | 3.80% |
| Efficiency Ratio (%) | ▲ | 68.38% | -3.19 | 71.57% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.68 | $3 |
| Cost of Funds (%) | ▲ | 1.52% | -0.10 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,158 | +72.51 | $1,086 |
| Gross Loans ($M) | ▲ | $931 | +83.97 | $847 |
| Loan Growth YoY (%) | ▲ | 95.43% | +5.74 | 89.69% |
| Total Deposits ($M) | ▲ | $966 | +31.02 | $935 |
| Shareholders Equity ($M) | ▲ | $110 | +9.67 | $101 |
| Tang. Book Value ($M) | ▲ | $105 | +9.68 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +9.59 | $103 |
| Loan / Deposit Ratio (%) | ▲ | 95.43% | +5.74 | 89.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.26 | 0.13% |
| Allowance / Loans (%) | — | 0.96% | -0.02% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.48% | +0.32 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.71% | -0.54 | 13.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▇███ | Net Interest Margin (%) | 3.65% | 3.69% | 3.76% | 3.80% | 3.87% | 3.90% | 3.93% | 3.94% |
| ▃▁▃▅▆█▄▂ | Return on Assets (%) | 0.90% | 0.86% | 0.91% | 0.94% | 0.96% | 1.01% | 0.92% | 0.90% |
| █▇█▇▄▂▂▁ | Efficiency Ratio (%) | 71.8% | 71.6% | 72.1% | 71.6% | 70.1% | 69.3% | 69.0% | 68.4% |
| █▆▄▄▃▂▁▂ | Cost of Funds (%) | 1.80% | 1.67% | 1.61% | 1.62% | 1.56% | 1.50% | 1.44% | 1.52% |
| ▁▁▁▁██▆▅ | NPA / Assets (%) | 0.15% | 0.13% | 0.13% | 0.13% | 0.55% | 0.54% | 0.41% | 0.39% |
| ▁▁▁▁██▆▅ | Net Charge-Off Ratio (%) | 0.19% | 0.17% | 0.16% | 0.16% | 0.71% | 0.70% | 0.52% | 0.48% |
| █▁▂▂▅▆▆▇ | Tang. Book Value ($M) | $108 | $91 | $94 | $95 | $100 | $103 | $103 | $105 |
| ▁▁▃▃▃▄▅█ | Gross Loans ($M) | $818 | $825 | $853 | $847 | $851 | $868 | $883 | $931 |
| ▁▅▅▅▆█▇█ | Total Deposits ($M) | $887 | $931 | $930 | $935 | $938 | $963 | $953 | $966 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 17% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 21% |