Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.37% | -0.01 | 1.38% |
| Return on Equity (%) | ▼ | 12.69% | -1.43 | 14.12% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.30 | 3.75% |
| Efficiency Ratio (%) | ▲ | 49.19% | -2.92 | 52.12% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.17 | $5 |
| Cost of Funds (%) | ▲ | 1.16% | -0.04 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,042 | -1.77 | $1,044 |
| Gross Loans ($M) | ▼ | $656 | -2.21 | $658 |
| Loan Growth YoY (%) | ▼ | 71.66% | -1.89 | 73.55% |
| Total Deposits ($M) | ▲ | $904 | +20.03 | $884 |
| Shareholders Equity ($M) | ▲ | $112 | +11.72 | $101 |
| Tang. Book Value ($M) | ▲ | $94 | +12.37 | $82 |
| TBV excl. AOCI ($M)** | ▲ | $109 | +12.93 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 71.66% | -1.89 | 73.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.14% | +0.54 | 1.60% |
| Allowance / Loans (%) | — | 1.18% | 0.03% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 3.00% | +1.16 | 1.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇▆█ | Net Interest Margin (%) | 3.43% | 3.48% | 3.70% | 3.75% | 3.84% | 3.91% | 3.89% | 4.05% |
| ▂▄▃▅▇█▁▅ | Return on Assets (%) | 1.25% | 1.30% | 1.28% | 1.38% | 1.44% | 1.51% | 1.17% | 1.37% |
| █▇▇▃▃▁▇▁ | Efficiency Ratio (%) | 57.0% | 55.1% | 55.1% | 52.1% | 51.2% | 49.3% | 55.4% | 49.2% |
| ▇█▃▁▃▂▁▁ | Cost of Funds (%) | 1.46% | 1.53% | 1.28% | 1.20% | 1.28% | 1.25% | 1.16% | 1.16% |
| ▃▃▇▅▂▁██ | NPA / Assets (%) | 1.17% | 1.24% | 1.96% | 1.60% | 1.08% | 0.80% | 2.07% | 2.14% |
| ▃▃▇▄▁▁██ | Net Charge-Off Ratio (%) | 1.56% | 1.59% | 2.72% | 1.84% | 1.04% | 0.82% | 2.82% | 3.00% |
| ▂▁▁▁▅█▆▇ | Tang. Book Value ($M) | $85 | $82 | $82 | $82 | $91 | $96 | $92 | $94 |
| ▆▇▁▂▃█▇▁ | Gross Loans ($M) | $667 | $671 | $654 | $658 | $659 | $674 | $671 | $656 |
| █▅▄▂▁▄▅▅ | Total Deposits ($M) | $936 | $910 | $900 | $884 | $872 | $899 | $906 | $904 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 20% |
| Consumer | 5% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 45% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 9% |