Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.28 | 0.49% |
| Return on Equity (%) | ▲ | 8.12% | +3.04 | 5.08% |
| Net Interest Margin (%) | ▼ | 3.51% | -0.04 | 3.55% |
| Efficiency Ratio (%) | ▼ | 67.78% | +1.87 | 65.91% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.15 | $3 |
| Cost of Funds (%) | ▲ | 1.76% | -0.08 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,148 | +4.35 | $1,143 |
| Gross Loans ($M) | ▼ | $861 | -10.80 | $871 |
| Loan Growth YoY (%) | ▼ | 84.63% | -2.20 | 86.83% |
| Total Deposits ($M) | ▲ | $1,004 | +13.63 | $990 |
| Shareholders Equity ($M) | ▲ | $109 | +0.62 | $109 |
| Tang. Book Value ($M) | ▲ | $102 | +0.63 | $101 |
| TBV excl. AOCI ($M)** | ▲ | $110 | +1.08 | $109 |
| Loan / Deposit Ratio (%) | ▼ | 84.63% | -2.20 | 86.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.20 | 0.33% |
| Allowance / Loans (%) | — | 1.26% | -0.04% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.13 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.85% | +0.15 | 10.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▂▄▅▅▁▃ | Net Interest Margin (%) | 3.69% | 3.63% | 3.47% | 3.55% | 3.59% | 3.58% | 3.44% | 3.51% |
| ██▆▁▂▄▆▆ | Return on Assets (%) | 0.93% | 0.89% | 0.78% | 0.49% | 0.60% | 0.66% | 0.79% | 0.77% |
| ▃▃▁▃▂▂██ | Efficiency Ratio (%) | 66.0% | 66.0% | 65.2% | 65.9% | 65.8% | 65.6% | 67.7% | 67.8% |
| █▇▁▃▅▆▅▁ | Cost of Funds (%) | 2.08% | 2.02% | 1.78% | 1.84% | 1.92% | 1.98% | 1.93% | 1.76% |
| █▇▆▄▂▁▁▁ | NPA / Assets (%) | 0.60% | 0.50% | 0.44% | 0.33% | 0.19% | 0.14% | 0.16% | 0.13% |
| █▅▄▃▁▁▁▁ | Net Charge-Off Ratio (%) | 0.75% | 0.48% | 0.43% | 0.28% | 0.12% | 0.16% | 0.19% | 0.15% |
| ▁▁▆▆████ | Tang. Book Value ($M) | $99 | $99 | $101 | $101 | $102 | $102 | $102 | $102 |
| ▁▃▆██▆▅▇ | Gross Loans ($M) | $803 | $823 | $848 | $871 | $868 | $853 | $844 | $861 |
| ▂▂▁▃▅▇█▄ | Total Deposits ($M) | $983 | $975 | $965 | $990 | $1,008 | $1,035 | $1,045 | $1,004 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 3% |
| Consumer | 48% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 16% |