Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.70 | 0.71% |
| Return on Equity (%) | ▲ | 14.04% | +6.04 | 8.00% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.45 | 2.97% |
| Efficiency Ratio (%) | ▲ | 75.22% | -4.18 | 79.40% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.37 | $2 |
| Cost of Funds (%) | ▲ | 1.84% | -0.24 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,087 | +8.47 | $1,079 |
| Gross Loans ($M) | ▲ | $894 | +11.37 | $883 |
| Loan Growth YoY (%) | ▼ | 104.55% | -2.24 | 106.78% |
| Total Deposits ($M) | ▲ | $847 | +27.90 | $819 |
| Shareholders Equity ($M) | ▲ | $112 | +15.45 | $97 |
| Tang. Book Value ($M) | ▲ | $112 | +15.39 | $96 |
| TBV excl. AOCI ($M)** | ▲ | $118 | +15.92 | $102 |
| Loan / Deposit Ratio (%) | ▼ | 104.55% | -2.24 | 106.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.21 | 0.24% |
| Allowance / Loans (%) | — | 0.99% | 0.05% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.25 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.68% | +0.95 | 13.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.60% | 2.66% | 2.92% | 2.97% | 3.06% | 3.13% | 3.37% | 3.42% |
| ▁▁▂▃▄▅▅█ | Return on Assets (%) | 0.32% | 0.30% | 0.55% | 0.71% | 0.83% | 0.87% | 0.94% | 1.41% |
| ██▆▄▂▂▁▁ | Efficiency Ratio (%) | 85.0% | 83.8% | 82.3% | 79.4% | 77.5% | 76.7% | 75.0% | 75.2% |
| █▇▅▅▄▁▁▁ | Cost of Funds (%) | 2.27% | 2.21% | 2.08% | 2.08% | 1.99% | 1.83% | 1.82% | 1.84% |
| ████▅▅▂▁ | NPA / Assets (%) | 0.23% | 0.25% | 0.24% | 0.24% | 0.14% | 0.16% | 0.07% | 0.03% |
| ████▅▆▂▁ | Net Charge-Off Ratio (%) | 0.27% | 0.29% | 0.29% | 0.29% | 0.17% | 0.20% | 0.09% | 0.04% |
| ▁▁▂▂▄▆▆█ | Tang. Book Value ($M) | $93 | $91 | $95 | $96 | $101 | $105 | $107 | $112 |
| ▅▂▄▅▂▁▄█ | Gross Loans ($M) | $884 | $873 | $879 | $883 | $872 | $868 | $878 | $894 |
| ▄▆▃▅▁▅▄█ | Total Deposits ($M) | $811 | $828 | $803 | $819 | $779 | $818 | $809 | $847 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 13% |