Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.73% | -0.01 | 0.74% |
| Return on Equity (%) | ▼ | 9.64% | -2.02 | 11.66% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.10 | 3.15% |
| Efficiency Ratio (%) | ▼ | 73.46% | +0.23 | 73.23% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.04 | $2 |
| Cost of Funds (%) | ▲ | 1.00% | -0.02 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $889 | +17.71 | $871 |
| Gross Loans ($M) | ▲ | $464 | +11.17 | $453 |
| Loan Growth YoY (%) | ▲ | 58.35% | +2.27 | 56.08% |
| Total Deposits ($M) | ▼ | $785 | -11.93 | $797 |
| Shareholders Equity ($M) | ▲ | $69 | +12.35 | $56 |
| Tang. Book Value ($M) | ▲ | $69 | +12.36 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +11.64 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 58.35% | +2.27 | 56.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.03 | 0.04% |
| Allowance / Loans (%) | — | 1.33% | -0.01% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.05 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.68% | +0.05 | 18.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▇▁▄▆█▇█ | Net Interest Margin (%) | 3.20% | 3.23% | 3.08% | 3.15% | 3.19% | 3.25% | 3.21% | 3.25% |
| ▇█▁▂▃▅▇▂ | Return on Assets (%) | 0.85% | 0.89% | 0.70% | 0.74% | 0.76% | 0.81% | 0.86% | 0.73% |
| ▂▁▇█▇▄██ | Efficiency Ratio (%) | 69.8% | 69.2% | 72.8% | 73.2% | 72.5% | 71.0% | 72.9% | 73.5% |
| █▄▄▅▆▁▃▃ | Cost of Funds (%) | 1.06% | 1.01% | 1.00% | 1.02% | 1.03% | 0.96% | 0.99% | 1.00% |
| █▆▆▆▁▁▁▁ | NPA / Assets (%) | 0.05% | 0.04% | 0.04% | 0.04% | 0.01% | 0.01% | 0.01% | 0.01% |
| █▆▆▆▁▁▁▁ | Net Charge-Off Ratio (%) | 0.10% | 0.08% | 0.08% | 0.07% | 0.02% | 0.02% | 0.02% | 0.02% |
| ▃▁▁▁▄▇▇█ | Tang. Book Value ($M) | $60 | $55 | $56 | $56 | $62 | $67 | $66 | $69 |
| ▂▁▁▄▇▇▇█ | Gross Loans ($M) | $447 | $443 | $443 | $453 | $460 | $459 | $461 | $464 |
| ██▅▂█▄▆▁ | Total Deposits ($M) | $830 | $836 | $813 | $797 | $836 | $807 | $818 | $785 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 1% |