Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.56% | +0.23 | 0.32% |
| Return on Equity (%) | ▲ | 5.83% | +2.29 | 3.54% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.49 | 2.82% |
| Efficiency Ratio (%) | ▲ | 79.14% | -7.38 | 86.52% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.16 | $2 |
| Cost of Funds (%) | ▲ | 1.65% | -0.19 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,645 | +35.39 | $1,610 |
| Gross Loans ($M) | ▲ | $1,446 | +51.36 | $1,394 |
| Loan Growth YoY (%) | ▲ | 106.09% | +1.82 | 104.26% |
| Total Deposits ($M) | ▲ | $1,350 | +26.32 | $1,324 |
| Shareholders Equity ($M) | ▲ | $158 | +9.99 | $148 |
| Tang. Book Value ($M) | ▲ | $156 | +10.07 | $146 |
| TBV excl. AOCI ($M)** | ▲ | $162 | +10.26 | $151 |
| Loan / Deposit Ratio (%) | ▲ | 106.09% | +1.82 | 104.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.05 | 0.31% |
| Allowance / Loans (%) | — | 0.90% | -0.08% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.41% | +0.05 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.09% | +0.22 | 14.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄██ | Net Interest Margin (%) | 2.65% | 2.68% | 2.77% | 2.82% | 2.90% | 2.98% | 3.33% | 3.31% |
| ▃▅▁▁▂▄██ | Return on Assets (%) | 0.40% | 0.46% | 0.30% | 0.32% | 0.36% | 0.43% | 0.56% | 0.56% |
| ▂▂██▇▅▁▁ | Efficiency Ratio (%) | 79.9% | 79.8% | 87.0% | 86.5% | 85.7% | 83.4% | 78.7% | 79.1% |
| █▆▆▄▅▃▂▁ | Cost of Funds (%) | 2.05% | 1.95% | 1.93% | 1.83% | 1.85% | 1.76% | 1.73% | 1.65% |
| ███▄▇▁▄▇ | NPA / Assets (%) | 0.37% | 0.38% | 0.37% | 0.31% | 0.35% | 0.27% | 0.32% | 0.36% |
| ▇██▄▇▁▄▇ | Net Charge-Off Ratio (%) | 0.41% | 0.43% | 0.42% | 0.36% | 0.41% | 0.30% | 0.37% | 0.41% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $142 | $142 | $145 | $146 | $149 | $152 | $154 | $156 |
| █▄▁▁▂▅▅█ | Gross Loans ($M) | $1,443 | $1,419 | $1,397 | $1,394 | $1,401 | $1,423 | $1,422 | $1,446 |
| ▁▁▆▇▇▆▇█ | Total Deposits ($M) | $1,203 | $1,219 | $1,298 | $1,324 | $1,331 | $1,312 | $1,329 | $1,350 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 3% |
| Consumer | 10% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 6% |