Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.47% | +0.21 | 0.26% |
| Return on Equity (%) | ▲ | 5.30% | +2.28 | 3.02% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.40 | 2.95% |
| Efficiency Ratio (%) | ▲ | 76.03% | -9.14 | 85.18% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.50 | $1 |
| Cost of Funds (%) | ▲ | 1.66% | -0.34 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,407 | +55.68 | $1,352 |
| Gross Loans ($M) | ▲ | $1,185 | +38.59 | $1,147 |
| Loan Growth YoY (%) | ▼ | 100.64% | -2.45 | 103.09% |
| Total Deposits ($M) | ▲ | $1,164 | +64.41 | $1,100 |
| Shareholders Equity ($M) | ▲ | $126 | +6.39 | $119 |
| Tang. Book Value ($M) | ▲ | $122 | +6.41 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $129 | +6.86 | $122 |
| Loan / Deposit Ratio (%) | ▼ | 100.64% | -2.45 | 103.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.54% | -0.03 | 0.57% |
| Allowance / Loans (%) | — | 1.14% | 0.02% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.64% | -0.03 | 0.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.75% | +0.21 | 12.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 2.71% | 2.76% | 2.93% | 2.95% | 3.01% | 3.07% | 3.33% | 3.35% |
| ▁▁▃▂▂▂█▇ | Return on Assets (%) | 0.21% | 0.23% | 0.29% | 0.26% | 0.29% | 0.27% | 0.53% | 0.47% |
| ▅▅▇██▆▁▁ | Efficiency Ratio (%) | 80.2% | 80.4% | 83.1% | 85.2% | 85.0% | 82.1% | 75.2% | 76.0% |
| █▇▆▇▅▃▂▁ | Cost of Funds (%) | 2.07% | 1.97% | 1.94% | 1.99% | 1.87% | 1.81% | 1.73% | 1.66% |
| ▄▆▇▇▇▁█▆ | NPA / Assets (%) | 0.50% | 0.54% | 0.56% | 0.57% | 0.55% | 0.41% | 0.59% | 0.54% |
| ▄▆▇▇▆▁█▆ | Net Charge-Off Ratio (%) | 0.59% | 0.63% | 0.66% | 0.67% | 0.65% | 0.49% | 0.71% | 0.64% |
| ▂▁▃▄▅▆██ | Tang. Book Value ($M) | $115 | $112 | $115 | $116 | $118 | $120 | $121 | $122 |
| ▅▂▂▁▁▃▃█ | Gross Loans ($M) | $1,168 | $1,151 | $1,150 | $1,147 | $1,143 | $1,155 | $1,156 | $1,185 |
| ▁▅▅▄▄▆▇█ | Total Deposits ($M) | $1,051 | $1,121 | $1,112 | $1,100 | $1,097 | $1,135 | $1,139 | $1,164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 9% |
| Consumer | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 6% |