Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.10 | 0.91% |
| Return on Equity (%) | ▲ | 8.79% | +0.96 | 7.83% |
| Net Interest Margin (%) | ▼ | 3.13% | -0.08 | 3.21% |
| Efficiency Ratio (%) | ▲ | 59.57% | -4.78 | 64.35% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.85 | $3 |
| Cost of Funds (%) | ▲ | 2.46% | -0.25 | 2.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,323 | +297.41 | $1,026 |
| Gross Loans ($M) | ▲ | $885 | +31.78 | $854 |
| Loan Growth YoY (%) | ▼ | 82.68% | -10.63 | 93.31% |
| Total Deposits ($M) | ▲ | $1,059 | +154.22 | $905 |
| Shareholders Equity ($M) | ▲ | $151 | +32.58 | $118 |
| Tang. Book Value ($M) | ▲ | $149 | +32.58 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $164 | +43.74 | $120 |
| Loan / Deposit Ratio (%) | ▼ | 82.68% | -10.63 | 93.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.23% | -0.38 | 1.61% |
| Allowance / Loans (%) | — | 1.10% | 0.02% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.94 | 13.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇█▇▅▆ | Net Interest Margin (%) | 2.83% | 2.89% | 3.08% | 3.21% | 3.28% | 3.19% | 3.08% | 3.13% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | 0.72% | 0.75% | 0.85% | 0.91% | 0.93% | 0.94% | 1.05% | 1.01% |
| ███▄▄▃▁▁ | Efficiency Ratio (%) | 68.7% | 68.1% | 69.2% | 64.4% | 63.2% | 62.4% | 59.6% | 59.6% |
| █▆▄▃▃▁▂▁ | Cost of Funds (%) | 3.31% | 3.03% | 2.83% | 2.71% | 2.71% | 2.39% | 2.52% | 2.46% |
| ██▇▆▅▂▁▁ | NPA / Assets (%) | 1.80% | 1.75% | 1.72% | 1.61% | 1.57% | 1.32% | 1.24% | 1.23% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 2.11% | 0.03% | 0.01% | 0.01% | 0.00% | 0.02% | 0.00% | 0.02% |
| ▁▁▁▂▂███ | Tang. Book Value ($M) | $112 | $111 | $114 | $116 | $119 | $145 | $144 | $149 |
| ▁▁▂▆▆▆▇█ | Gross Loans ($M) | $811 | $801 | $816 | $854 | $863 | $864 | $864 | $885 |
| ▁▁▂▃▄▆██ | Total Deposits ($M) | $832 | $842 | $869 | $905 | $922 | $1,003 | $1,062 | $1,059 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 28% |