Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.35 | 1.49% |
| Return on Equity (%) | ▲ | 14.57% | +2.67 | 11.90% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.18 | 3.99% |
| Efficiency Ratio (%) | ▲ | 43.22% | -7.01 | 50.23% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.08 | $4 |
| Cost of Funds (%) | ▲ | 1.23% | -0.18 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $845 | +39.01 | $806 |
| Gross Loans ($M) | ▲ | $607 | +19.98 | $587 |
| Loan Growth YoY (%) | ▼ | 82.29% | -0.49 | 82.78% |
| Total Deposits ($M) | ▲ | $727 | +28.63 | $699 |
| Shareholders Equity ($M) | ▲ | $110 | +9.91 | $100 |
| Tang. Book Value ($M) | ▲ | $110 | +9.91 | $100 |
| TBV excl. AOCI ($M)** | ▲ | $117 | +11.11 | $106 |
| Loan / Deposit Ratio (%) | ▼ | 82.29% | -0.49 | 82.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.02 | 0.28% |
| Allowance / Loans (%) | — | 1.35% | -0.07% | 1.42% |
| Net Charge-Off Ratio (%) | ▼ | 0.41% | +0.03 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.14% | +0.95 | 19.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▄▄▅▆█ | Net Interest Margin (%) | 4.01% | 4.00% | 3.88% | 3.99% | 4.02% | 4.05% | 4.07% | 4.17% |
| ▂▂▁▃▃▃▆█ | Return on Assets (%) | 1.42% | 1.46% | 1.35% | 1.49% | 1.53% | 1.51% | 1.68% | 1.85% |
| ▇▇█▇▆▅▂▁ | Efficiency Ratio (%) | 50.6% | 50.5% | 52.5% | 50.2% | 50.1% | 48.7% | 44.9% | 43.2% |
| ▇▆█▅▅▂▃▁ | Cost of Funds (%) | 1.49% | 1.47% | 1.56% | 1.41% | 1.42% | 1.31% | 1.32% | 1.23% |
| █▆▅▂▁▁▄▃ | NPA / Assets (%) | 0.43% | 0.37% | 0.34% | 0.28% | 0.24% | 0.23% | 0.33% | 0.29% |
| ▆▄▁▄▂▃█▆ | Net Charge-Off Ratio (%) | 0.41% | 0.37% | 0.31% | 0.38% | 0.34% | 0.35% | 0.46% | 0.41% |
| ▁▁▃▃▅▆██ | Tang. Book Value ($M) | $95 | $96 | $99 | $100 | $103 | $106 | $109 | $110 |
| ▄▁▂▂▁▂▅█ | Gross Loans ($M) | $594 | $583 | $588 | $587 | $583 | $588 | $596 | $607 |
| ▁▃▂▄▅█▅▆ | Total Deposits ($M) | $636 | $682 | $656 | $699 | $721 | $774 | $714 | $727 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 5% |