Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.17 | 0.92% |
| Return on Equity (%) | ▲ | 8.15% | +0.97 | 7.18% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.30 | 3.16% |
| Efficiency Ratio (%) | ▲ | 62.55% | -3.84 | 66.39% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.77 | $5 |
| Cost of Funds (%) | ▲ | 1.87% | -0.16 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,733 | +80.43 | $1,653 |
| Gross Loans ($M) | ▲ | $1,443 | +63.12 | $1,380 |
| Loan Growth YoY (%) | ▼ | 103.97% | -2.92 | 106.89% |
| Total Deposits ($M) | ▲ | $1,370 | +95.37 | $1,274 |
| Shareholders Equity ($M) | ▲ | $231 | +16.82 | $214 |
| Tang. Book Value ($M) | ▲ | $229 | +16.94 | $212 |
| TBV excl. AOCI ($M)** | ▲ | $236 | +17.82 | $218 |
| Loan / Deposit Ratio (%) | ▼ | 103.97% | -2.92 | 106.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.17% | -0.25 | 1.42% |
| Allowance / Loans (%) | — | 1.29% | 0.02% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 1.41% | -0.29 | 1.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 2.93% | 2.97% | 3.07% | 3.16% | 3.20% | 3.26% | 3.44% | 3.46% |
| ▅▃▁▄▄▆▆█ | Return on Assets (%) | 0.94% | 0.91% | 0.80% | 0.92% | 0.93% | 0.98% | 1.01% | 1.08% |
| ▇██▆▆▄▁▂ | Efficiency Ratio (%) | 67.2% | 68.2% | 67.6% | 66.4% | 66.1% | 64.8% | 61.7% | 62.5% |
| █▆▄▃▃▂▁▁ | Cost of Funds (%) | 2.41% | 2.25% | 2.08% | 2.03% | 2.04% | 1.97% | 1.87% | 1.87% |
| ▆█▇▆▃▁▁▁ | NPA / Assets (%) | 1.42% | 1.51% | 1.44% | 1.42% | 1.29% | 1.21% | 1.18% | 1.17% |
| ▆█▇▆▃▁▁▁ | Net Charge-Off Ratio (%) | 1.71% | 1.81% | 1.72% | 1.70% | 1.54% | 1.45% | 1.42% | 1.41% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $202 | $203 | $207 | $212 | $217 | $220 | $224 | $229 |
| ▁▁▁▂▅▄▆█ | Gross Loans ($M) | $1,362 | $1,369 | $1,370 | $1,380 | $1,404 | $1,401 | $1,414 | $1,443 |
| ▁▄▄▄▅███ | Total Deposits ($M) | $1,196 | $1,267 | $1,264 | $1,274 | $1,285 | $1,352 | $1,353 | $1,370 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 21% |