Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.41 | 1.30% |
| Return on Equity (%) | ▲ | 9.74% | +2.02 | 7.72% |
| Net Interest Margin (%) | ▲ | 2.82% | +0.29 | 2.53% |
| Efficiency Ratio (%) | ▲ | 37.41% | -10.19 | 47.60% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.97 | $3 |
| Cost of Funds (%) | ▲ | 2.15% | -0.08 | 2.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $811 | +54.67 | $756 |
| Gross Loans ($M) | ▲ | $482 | +24.62 | $457 |
| Loan Growth YoY (%) | ▼ | 77.81% | -1.94 | 79.75% |
| Total Deposits ($M) | ▲ | $616 | +45.19 | $570 |
| Shareholders Equity ($M) | ▲ | $148 | +13.98 | $134 |
| Tang. Book Value ($M) | ▲ | $148 | +13.98 | $134 |
| TBV excl. AOCI ($M)** | ▲ | $162 | +14.36 | $148 |
| Loan / Deposit Ratio (%) | ▼ | 77.81% | -1.94 | 79.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -1.07 | 1.40% |
| Allowance / Loans (%) | — | 0.53% | 0.08% | 0.45% |
| Net Charge-Off Ratio (%) | ▲ | 0.53% | -1.18 | 1.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 38.50% | +0.48 | 38.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▄▅▅▇█ | Net Interest Margin (%) | 2.30% | 2.37% | 2.41% | 2.53% | 2.58% | 2.61% | 2.75% | 2.82% |
| ▁▁▁▃▄▃▇█ | Return on Assets (%) | 1.08% | 1.12% | 1.09% | 1.30% | 1.34% | 1.24% | 1.60% | 1.71% |
| ▇▇█▆▅▅▂▁ | Efficiency Ratio (%) | 50.5% | 50.2% | 52.8% | 47.6% | 46.1% | 46.8% | 40.1% | 37.4% |
| █▃▅▇▆▂▁▄ | Cost of Funds (%) | 2.27% | 2.13% | 2.18% | 2.23% | 2.21% | 2.08% | 2.05% | 2.15% |
| ▂▂▅█▆▃▁▁ | NPA / Assets (%) | 0.55% | 0.54% | 0.89% | 1.40% | 1.01% | 0.62% | 0.45% | 0.33% |
| ▄▃▃██▄▂▁ | Net Charge-Off Ratio (%) | 0.99% | 0.95% | 0.92% | 1.70% | 1.64% | 1.06% | 0.76% | 0.53% |
| ▃▁▂▄▇▆▇█ | Tang. Book Value ($M) | $131 | $123 | $129 | $134 | $143 | $140 | $144 | $148 |
| ▁▄▄▅▇███ | Gross Loans ($M) | $409 | $440 | $439 | $457 | $472 | $480 | $489 | $482 |
| ▁▆▆▄▄███ | Total Deposits ($M) | $529 | $591 | $591 | $570 | $569 | $622 | $623 | $616 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 34% |