Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.07% | -0.13 | 2.20% |
| Return on Equity (%) | ▼ | 18.66% | -3.10 | 21.76% |
| Net Interest Margin (%) | ▲ | 4.78% | +0.02 | 4.76% |
| Efficiency Ratio (%) | ▼ | 55.49% | +2.32 | 53.17% |
| Pre-Provision Profit ($M) | ▲ | $13 | +0.19 | $13 |
| Cost of Funds (%) | ▲ | 1.08% | -0.22 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,177 | +169.35 | $2,007 |
| Gross Loans ($M) | ▲ | $1,556 | +152.39 | $1,403 |
| Loan Growth YoY (%) | ▲ | 85.41% | +4.87 | 80.55% |
| Total Deposits ($M) | ▲ | $1,802 | +77.27 | $1,725 |
| Shareholders Equity ($M) | ▲ | $235 | +29.91 | $205 |
| Tang. Book Value ($M) | ▲ | $235 | +29.91 | $205 |
| TBV excl. AOCI ($M)** | ▲ | $248 | +27.70 | $220 |
| Loan / Deposit Ratio (%) | ▲ | 85.41% | +4.87 | 80.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.59% | -0.33 | 1.92% |
| Allowance / Loans (%) | — | 1.07% | 0.06% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 2.22% | -0.45 | 2.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▆▇▇█▇ | Net Interest Margin (%) | 4.72% | 4.71% | 4.66% | 4.76% | 4.79% | 4.79% | 4.82% | 4.78% |
| ▂▂▂▇█▇▁▄ | Return on Assets (%) | 1.99% | 1.98% | 1.99% | 2.20% | 2.25% | 2.18% | 1.93% | 2.07% |
| ▄▄▄▁▂▂█▄ | Efficiency Ratio (%) | 56.1% | 55.7% | 56.0% | 53.2% | 53.9% | 54.1% | 59.0% | 55.5% |
| █▅▅▄▄▂▂▁ | Cost of Funds (%) | 1.64% | 1.36% | 1.42% | 1.31% | 1.32% | 1.20% | 1.21% | 1.08% |
| ▁▁▃███▇▇ | NPA / Assets (%) | 0.38% | 0.37% | 0.87% | 1.92% | 1.76% | 1.74% | 1.72% | 1.59% |
| ▁▁▃█▇█▇▇ | Net Charge-Off Ratio (%) | 0.52% | 0.56% | 1.22% | 2.66% | 2.38% | 2.51% | 2.28% | 2.22% |
| ▁▁▃▃▅▇██ | Tang. Book Value ($M) | $191 | $196 | $203 | $205 | $218 | $229 | $234 | $235 |
| ▂▁▃▃▄▆▆█ | Gross Loans ($M) | $1,370 | $1,329 | $1,386 | $1,403 | $1,421 | $1,483 | $1,490 | $1,556 |
| ▁▃▄▄▆█▅█ | Total Deposits ($M) | $1,661 | $1,712 | $1,720 | $1,725 | $1,755 | $1,799 | $1,738 | $1,802 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 6% |