Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.75% | +0.23 | 1.52% |
| Return on Equity (%) | ▲ | 15.92% | +1.24 | 14.68% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.32 | 3.43% |
| Efficiency Ratio (%) | ▲ | 39.66% | -5.30 | 44.97% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.15 | $5 |
| Cost of Funds (%) | ▲ | 2.21% | -0.16 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,080 | +75.59 | $1,004 |
| Gross Loans ($M) | ▲ | $844 | +57.82 | $787 |
| Loan Growth YoY (%) | ▼ | 89.47% | -3.69 | 93.16% |
| Total Deposits ($M) | ▲ | $928 | +97.58 | $830 |
| Shareholders Equity ($M) | ▲ | $122 | +13.61 | $108 |
| Tang. Book Value ($M) | ▲ | $121 | +13.70 | $107 |
| TBV excl. AOCI ($M)** | ▲ | $130 | +14.00 | $116 |
| Loan / Deposit Ratio (%) | ▼ | 89.47% | -3.69 | 93.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.04 | 0.11% |
| Allowance / Loans (%) | — | 1.69% | 0.02% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.05 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.97% | +0.35 | 12.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▇███ | Net Interest Margin (%) | 2.83% | 2.95% | 3.27% | 3.43% | 3.60% | 3.67% | 3.74% | 3.75% |
| ▁▁▅▅▇▆██ | Return on Assets (%) | 1.14% | 1.19% | 1.51% | 1.52% | 1.65% | 1.60% | 1.77% | 1.75% |
| ██▄▅▃▄▁▂ | Efficiency Ratio (%) | 51.3% | 51.2% | 44.3% | 45.0% | 42.8% | 44.4% | 37.7% | 39.7% |
| █▅▂▃▃▁▁▁ | Cost of Funds (%) | 2.71% | 2.49% | 2.31% | 2.37% | 2.34% | 2.19% | 2.18% | 2.21% |
| ██▆█▆▅▁▁ | NPA / Assets (%) | 0.11% | 0.11% | 0.10% | 0.11% | 0.10% | 0.09% | 0.07% | 0.07% |
| ██▇█▅▄▁▁ | Net Charge-Off Ratio (%) | 0.15% | 0.14% | 0.13% | 0.14% | 0.12% | 0.12% | 0.10% | 0.09% |
| ▂▁▂▄▆▆▇█ | Tang. Book Value ($M) | $100 | $96 | $102 | $107 | $114 | $114 | $117 | $121 |
| ▁▁▃▄▅█▇█ | Gross Loans ($M) | $742 | $746 | $768 | $787 | $801 | $839 | $819 | $844 |
| ▁▁▂▁▂▆██ | Total Deposits ($M) | $841 | $840 | $844 | $830 | $854 | $894 | $918 | $928 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 19% |