Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.36 | 0.79% |
| Return on Equity (%) | ▲ | 9.67% | +2.59 | 7.08% |
| Net Interest Margin (%) | ▲ | 2.91% | +0.73 | 2.18% |
| Efficiency Ratio (%) | ▲ | 47.90% | -12.48 | 60.38% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.52 | $2 |
| Cost of Funds (%) | ▲ | 1.98% | -0.34 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,019 | +12.14 | $1,007 |
| Gross Loans ($M) | ▲ | $853 | +17.53 | $835 |
| Loan Growth YoY (%) | ▲ | 111.32% | +0.23 | 111.09% |
| Total Deposits ($M) | ▲ | $756 | +12.90 | $743 |
| Shareholders Equity ($M) | ▲ | $125 | +9.90 | $115 |
| Tang. Book Value ($M) | ▲ | $118 | +10.03 | $108 |
| TBV excl. AOCI ($M)** | ▲ | $122 | +10.09 | $111 |
| Loan / Deposit Ratio (%) | ▲ | 111.32% | +0.23 | 111.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.07 | 0.20% |
| Allowance / Loans (%) | — | 1.36% | 0.15% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.08 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.39% | +0.61 | 13.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 1.84% | 1.88% | 2.07% | 2.18% | 2.27% | 2.39% | 2.84% | 2.91% |
| ▂▁▂▃▄▇▄█ | Return on Assets (%) | 0.72% | 0.64% | 0.75% | 0.79% | 0.88% | 1.04% | 0.85% | 1.14% |
| ██▆▅▄▄▁▁ | Efficiency Ratio (%) | 71.2% | 69.4% | 64.2% | 60.4% | 59.2% | 57.3% | 47.8% | 47.9% |
| █▇▆▅▄▂▁▁ | Cost of Funds (%) | 2.58% | 2.49% | 2.37% | 2.32% | 2.28% | 2.12% | 2.02% | 1.98% |
| ▅██▆▆▇▃▁ | NPA / Assets (%) | 0.19% | 0.23% | 0.23% | 0.20% | 0.20% | 0.22% | 0.17% | 0.14% |
| ▅██▆▆█▄▁ | Net Charge-Off Ratio (%) | 0.23% | 0.28% | 0.28% | 0.24% | 0.24% | 0.27% | 0.21% | 0.16% |
| ▁▁▃▄▅▇▇█ | Tang. Book Value ($M) | $102 | $101 | $106 | $108 | $111 | $115 | $115 | $118 |
| ▆▁▁▄▅▆▇█ | Gross Loans ($M) | $842 | $826 | $823 | $835 | $839 | $845 | $848 | $853 |
| ▁▁▃▂▃▇█▃ | Total Deposits ($M) | $734 | $737 | $752 | $743 | $756 | $782 | $795 | $756 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 14% |