Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.09 | 0.54% |
| Return on Equity (%) | ▲ | 6.34% | +0.77 | 5.57% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.11 | 3.02% |
| Efficiency Ratio (%) | ▲ | 70.40% | -5.25 | 75.64% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.79 | $2 |
| Cost of Funds (%) | ▲ | 2.98% | -0.25 | 3.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $948 | +4.80 | $943 |
| Gross Loans ($M) | ▼ | $700 | -70.81 | $771 |
| Loan Growth YoY (%) | ▼ | 93.76% | -13.40 | 107.16% |
| Total Deposits ($M) | ▲ | $737 | +29.55 | $707 |
| Shareholders Equity ($M) | ▲ | $97 | +5.25 | $92 |
| Tang. Book Value ($M) | ▲ | $92 | +5.39 | $87 |
| TBV excl. AOCI ($M)** | ▲ | $97 | +5.76 | $91 |
| Loan / Deposit Ratio (%) | ▼ | 93.76% | -13.40 | 107.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.15% | -0.42 | 1.57% |
| Allowance / Loans (%) | — | 1.31% | -0.37% | 1.68% |
| Net Charge-Off Ratio (%) | ▲ | 1.54% | -0.39 | 1.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.55% | +1.46 | 12.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▄▇▆▄█ | Net Interest Margin (%) | 2.95% | 2.96% | 2.93% | 3.02% | 3.08% | 3.07% | 3.01% | 3.13% |
| ▁▃▇▆▆▃▆█ | Return on Assets (%) | 0.33% | 0.42% | 0.57% | 0.54% | 0.55% | 0.42% | 0.55% | 0.63% |
| ▁▂██▇▆▆▅ | Efficiency Ratio (%) | 62.9% | 64.7% | 74.5% | 75.6% | 73.9% | 72.4% | 71.9% | 70.4% |
| ▄█▅▅▄▂▁▁ | Cost of Funds (%) | 3.20% | 3.51% | 3.24% | 3.23% | 3.15% | 3.07% | 2.93% | 2.98% |
| ▅▅█▇▁▆▇▃ | NPA / Assets (%) | 1.39% | 1.40% | 1.72% | 1.57% | 0.87% | 1.42% | 1.57% | 1.15% |
| ▅▅█▇▁▇█▄ | Net Charge-Off Ratio (%) | 1.68% | 1.72% | 2.10% | 1.93% | 1.10% | 1.87% | 2.11% | 1.54% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $84 | $84 | $86 | $87 | $89 | $90 | $91 | $92 |
| █▇██▇▅▄▁ | Gross Loans ($M) | $778 | $762 | $771 | $771 | $766 | $740 | $733 | $700 |
| ▂▂▁▁▅▆█▅ | Total Deposits ($M) | $715 | $717 | $708 | $707 | $736 | $740 | $755 | $737 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 13% |