Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.45% | -0.48 | 0.92% |
| Return on Equity (%) | ▼ | 5.06% | -5.39 | 10.45% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.30 | 3.47% |
| Efficiency Ratio (%) | ▲ | 61.01% | -3.90 | 64.91% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.92 | $4 |
| Cost of Funds (%) | ▲ | 1.57% | -0.20 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,194 | +97.97 | $1,096 |
| Gross Loans ($M) | ▲ | $977 | +103.01 | $874 |
| Loan Growth YoY (%) | ▲ | 89.58% | +1.19 | 88.38% |
| Total Deposits ($M) | ▲ | $1,079 | +100.38 | $979 |
| Shareholders Equity ($M) | ▲ | $101 | +4.69 | $96 |
| Tang. Book Value ($M) | ▲ | $99 | +4.69 | $94 |
| TBV excl. AOCI ($M)** | ▲ | $105 | +3.78 | $101 |
| Loan / Deposit Ratio (%) | ▲ | 89.58% | +1.19 | 88.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.03 | 0.13% |
| Allowance / Loans (%) | — | 1.03% | 0.04% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.12% | -0.04 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.72% | -0.56 | 12.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 3.04% | 3.13% | 3.45% | 3.47% | 3.51% | 3.56% | 3.73% | 3.78% |
| ▄▄▅▆▆▆█▁ | Return on Assets (%) | 0.73% | 0.74% | 0.83% | 0.92% | 0.88% | 0.90% | 1.13% | 0.45% |
| ██▇▄▄▄▁▁ | Efficiency Ratio (%) | 69.4% | 68.5% | 67.6% | 64.9% | 64.3% | 65.1% | 61.6% | 61.0% |
| █▆▃▃▅▃▁▁ | Cost of Funds (%) | 2.13% | 1.96% | 1.72% | 1.77% | 1.87% | 1.73% | 1.62% | 1.57% |
| ▄▅▄▃██▁▁ | NPA / Assets (%) | 0.14% | 0.15% | 0.14% | 0.13% | 0.19% | 0.18% | 0.11% | 0.10% |
| ▅▅▄▄██▁▁ | Net Charge-Off Ratio (%) | 0.18% | 0.18% | 0.17% | 0.17% | 0.23% | 0.22% | 0.13% | 0.12% |
| ▁▁▂▄▅▇█▇ | Tang. Book Value ($M) | $91 | $89 | $92 | $94 | $97 | $100 | $102 | $99 |
| ▁▁▁▂▄▆▇█ | Gross Loans ($M) | $852 | $853 | $864 | $874 | $904 | $935 | $951 | $977 |
| ▂▁▂▄▄▄▅█ | Total Deposits ($M) | $934 | $908 | $933 | $979 | $983 | $985 | $997 | $1,079 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 10% |