Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.49% | +0.14 | 1.35% |
| Return on Equity (%) | ▼ | 18.05% | -0.64 | 18.69% |
| Net Interest Margin (%) | ▲ | 4.08% | +0.28 | 3.80% |
| Efficiency Ratio (%) | ▼ | 64.34% | +2.28 | 62.06% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.00 | $3 |
| Cost of Funds (%) | ▲ | 1.08% | -0.25 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $837 | +12.04 | $825 |
| Gross Loans ($M) | ▲ | $597 | +2.24 | $594 |
| Loan Growth YoY (%) | ▲ | 77.69% | +0.07 | 77.62% |
| Total Deposits ($M) | ▲ | $761 | +1.87 | $759 |
| Shareholders Equity ($M) | ▲ | $70 | +10.01 | $60 |
| Tang. Book Value ($M) | ▲ | $70 | +10.01 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +10.36 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 77.69% | +0.07 | 77.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.17 | 0.40% |
| Allowance / Loans (%) | — | 0.95% | 0.04% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.35 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.31% | +0.45 | 11.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆▇█ | Net Interest Margin (%) | 3.49% | 3.55% | 3.76% | 3.80% | 3.84% | 3.88% | 4.00% | 4.08% |
| ▃▃▇▅▄▁██ | Return on Assets (%) | 1.26% | 1.22% | 1.41% | 1.35% | 1.27% | 1.12% | 1.48% | 1.49% |
| ▇█▃▁▁▁▃▄ | Efficiency Ratio (%) | 66.0% | 67.2% | 63.3% | 62.1% | 61.9% | 62.2% | 63.9% | 64.3% |
| ▄▂▄▇█▄▂▁ | Cost of Funds (%) | 1.22% | 1.15% | 1.21% | 1.33% | 1.39% | 1.24% | 1.15% | 1.08% |
| ▁▁▁▇█▃▃▄ | NPA / Assets (%) | 0.05% | 0.03% | 0.03% | 0.40% | 0.52% | 0.21% | 0.17% | 0.23% |
| ▁▁▁▇█▃▁▂ | Net Charge-Off Ratio (%) | 0.07% | 0.04% | 0.03% | 0.55% | 0.72% | 0.28% | 0.10% | 0.20% |
| ▄▁▂▃▆█▇█ | Tang. Book Value ($M) | $62 | $56 | $58 | $60 | $66 | $69 | $67 | $70 |
| ▁▃▅▇▇██▇ | Gross Loans ($M) | $531 | $555 | $580 | $594 | $600 | $610 | $611 | $597 |
| ▅▁▇█▇▅██ | Total Deposits ($M) | $703 | $635 | $742 | $759 | $741 | $716 | $765 | $761 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |