Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.90% | +0.23 | 1.67% |
| Return on Equity (%) | ▲ | 10.51% | +0.83 | 9.68% |
| Net Interest Margin (%) | ▲ | 4.67% | +0.37 | 4.31% |
| Efficiency Ratio (%) | ▲ | 49.08% | -2.55 | 51.63% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.94 | $5 |
| Cost of Funds (%) | ▲ | 0.37% | -0.03 | 0.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $971 | +40.49 | $930 |
| Gross Loans ($M) | ▲ | $594 | +19.84 | $574 |
| Loan Growth YoY (%) | ▲ | 74.81% | +0.11 | 74.70% |
| Total Deposits ($M) | ▲ | $784 | +24.39 | $760 |
| Shareholders Equity ($M) | ▲ | $178 | +14.34 | $163 |
| Tang. Book Value ($M) | ▲ | $165 | +14.34 | $151 |
| TBV excl. AOCI ($M)** | ▲ | $177 | +15.21 | $162 |
| Loan / Deposit Ratio (%) | ▲ | 74.81% | +0.11 | 74.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.19% | -0.38 | 1.57% |
| Allowance / Loans (%) | — | 1.17% | 0.10% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 1.95% | -0.61 | 2.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 4.01% | 4.05% | 4.20% | 4.31% | 4.39% | 4.47% | 4.51% | 4.67% |
| ▅▁▆▅▆▁██ | Return on Assets (%) | 1.63% | 1.31% | 1.69% | 1.67% | 1.71% | 1.35% | 1.89% | 1.90% |
| ▄█▃▂▂█▁▁ | Efficiency Ratio (%) | 54.2% | 61.2% | 52.5% | 51.6% | 51.6% | 60.1% | 49.7% | 49.1% |
| ▁█▆▇▆██▃ | Cost of Funds (%) | 0.36% | 0.39% | 0.38% | 0.39% | 0.39% | 0.40% | 0.40% | 0.37% |
| ▁▁███▅▄▃ | NPA / Assets (%) | 1.03% | 0.97% | 1.53% | 1.57% | 1.55% | 1.34% | 1.20% | 1.19% |
| ▂▁███▅▄▄ | Net Charge-Off Ratio (%) | 1.71% | 1.52% | 2.49% | 2.55% | 2.55% | 2.13% | 1.99% | 1.95% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $140 | $140 | $146 | $151 | $156 | $157 | $161 | $165 |
| ▁▃▄▅▅▇▇█ | Gross Loans ($M) | $548 | $560 | $566 | $574 | $577 | $583 | $583 | $594 |
| ▆▁▄▄▆▄██ | Total Deposits ($M) | $776 | $743 | $760 | $760 | $773 | $763 | $788 | $784 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 9% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 45% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 4% |