Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.39 | 0.97% |
| Return on Equity (%) | ▲ | 10.30% | +2.46 | 7.84% |
| Net Interest Margin (%) | ▲ | 3.05% | +0.30 | 2.75% |
| Efficiency Ratio (%) | ▲ | 71.40% | -4.98 | 76.38% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.65 | $4 |
| Cost of Funds (%) | ▲ | 1.78% | -0.20 | 1.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,871 | +80.95 | $1,790 |
| Gross Loans ($M) | ▲ | $1,568 | +73.81 | $1,494 |
| Loan Growth YoY (%) | ▲ | 110.80% | +1.08 | 109.73% |
| Total Deposits ($M) | ▲ | $1,406 | +53.13 | $1,353 |
| Shareholders Equity ($M) | ▲ | $251 | +25.19 | $226 |
| Tang. Book Value ($M) | ▲ | $251 | +25.20 | $226 |
| TBV excl. AOCI ($M)** | ▲ | $262 | +25.62 | $237 |
| Loan / Deposit Ratio (%) | ▲ | 110.80% | +1.08 | 109.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.08 | 0.30% |
| Allowance / Loans (%) | — | 0.61% | -0.00% | 0.61% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.10 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.32% | +0.34 | 16.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.36% | 2.42% | 2.67% | 2.75% | 2.83% | 2.89% | 3.03% | 3.05% |
| ▄▂▁▅▆▇▂█ | Return on Assets (%) | 0.83% | 0.61% | 0.44% | 0.97% | 1.13% | 1.13% | 0.56% | 1.37% |
| ██▄▃▃▂▁▁ | Efficiency Ratio (%) | 90.1% | 89.4% | 78.3% | 76.4% | 74.8% | 74.6% | 69.5% | 71.4% |
| █▇▄▃▃▂▁▁ | Cost of Funds (%) | 2.34% | 2.21% | 2.03% | 1.98% | 1.97% | 1.86% | 1.79% | 1.78% |
| ▂▁▁▃▃▆██ | NPA / Assets (%) | 0.28% | 0.26% | 0.27% | 0.30% | 0.30% | 0.35% | 0.38% | 0.39% |
| ▂▁▁▃▃▆██ | Net Charge-Off Ratio (%) | 0.33% | 0.31% | 0.33% | 0.36% | 0.36% | 0.42% | 0.46% | 0.46% |
| ▁▁▁▃▅▆▆█ | Tang. Book Value ($M) | $220 | $216 | $219 | $226 | $234 | $239 | $241 | $251 |
| ▁▂▂▄▅▆▆█ | Gross Loans ($M) | $1,443 | $1,469 | $1,471 | $1,494 | $1,508 | $1,526 | $1,531 | $1,568 |
| ▁▃▃▃▅▇██ | Total Deposits ($M) | $1,324 | $1,348 | $1,345 | $1,353 | $1,371 | $1,388 | $1,396 | $1,406 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 19% |