Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.52% | -0.12 | 0.65% |
| Return on Equity (%) | ▼ | 5.83% | -1.31 | 7.14% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.26 | 3.17% |
| Efficiency Ratio (%) | ▼ | 81.59% | +5.05 | 76.54% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.29 | $2 |
| Cost of Funds (%) | ▲ | 1.67% | -0.07 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,185 | +24.28 | $1,161 |
| Gross Loans ($M) | ▼ | $797 | -23.44 | $821 |
| Loan Growth YoY (%) | ▼ | 74.47% | -3.95 | 78.42% |
| Total Deposits ($M) | ▲ | $1,058 | +23.34 | $1,035 |
| Shareholders Equity ($M) | ▲ | $105 | +3.25 | $102 |
| Tang. Book Value ($M) | ▲ | $105 | +3.25 | $102 |
| TBV excl. AOCI ($M)** | ▲ | $117 | +1.50 | $116 |
| Loan / Deposit Ratio (%) | ▼ | 74.47% | -3.95 | 78.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.05 | 0.15% |
| Allowance / Loans (%) | — | 1.17% | 0.03% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.06 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.00% | +0.53 | 15.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 2.92% | 2.95% | 3.03% | 3.17% | 3.23% | 3.29% | 3.40% | 3.44% |
| █▆▂▂▁▁▁▁ | Return on Assets (%) | 1.48% | 1.17% | 0.70% | 0.65% | 0.64% | 0.60% | 0.53% | 0.52% |
| ▆█▁▂▂▄▆▇ | Efficiency Ratio (%) | 80.1% | 83.2% | 74.8% | 76.5% | 76.6% | 78.4% | 81.0% | 81.6% |
| █▄▁▂▂▂▁▁ | Cost of Funds (%) | 2.15% | 1.89% | 1.69% | 1.75% | 1.75% | 1.72% | 1.64% | 1.67% |
| ▂▂█▄▅▄▁▁ | NPA / Assets (%) | 0.12% | 0.12% | 0.21% | 0.15% | 0.16% | 0.15% | 0.10% | 0.10% |
| ▂▁█▄▄▃▁▁ | Net Charge-Off Ratio (%) | 0.17% | 0.17% | 0.30% | 0.21% | 0.22% | 0.20% | 0.15% | 0.15% |
| ▇▃█▁▃▄▃▄ | Tang. Book Value ($M) | $109 | $105 | $110 | $102 | $104 | $105 | $105 | $105 |
| ▄▇▅▆▃█▅▁ | Gross Loans ($M) | $815 | $825 | $817 | $821 | $810 | $834 | $817 | $797 |
| ▁▁█▅▅▃██ | Total Deposits ($M) | $988 | $992 | $1,063 | $1,035 | $1,034 | $1,013 | $1,057 | $1,058 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 4% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 10% |