Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.14 | 0.72% |
| Return on Equity (%) | ▲ | 11.20% | +1.04 | 10.16% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.33 | 3.71% |
| Efficiency Ratio (%) | ▲ | 72.53% | -2.28 | 74.81% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.54 | $2 |
| Cost of Funds (%) | ▲ | 0.96% | -0.14 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $858 | +52.08 | $806 |
| Gross Loans ($M) | ▲ | $642 | +39.99 | $602 |
| Loan Growth YoY (%) | ▲ | 80.99% | +0.30 | 80.68% |
| Total Deposits ($M) | ▲ | $785 | +46.18 | $738 |
| Shareholders Equity ($M) | ▲ | $66 | +7.53 | $58 |
| Tang. Book Value ($M) | ▲ | $66 | +7.53 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +8.69 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 80.99% | +0.30 | 80.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.02 | 0.17% |
| Allowance / Loans (%) | — | 0.99% | -0.01% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.03 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.42% | +0.46 | 12.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 3.42% | 3.45% | 3.63% | 3.71% | 3.77% | 3.82% | 3.94% | 4.04% |
| ▂▃▁▃▅▆▆█ | Return on Assets (%) | 0.70% | 0.71% | 0.65% | 0.72% | 0.75% | 0.78% | 0.79% | 0.85% |
| ▅▅█▅▄▁▃▁ | Efficiency Ratio (%) | 74.8% | 74.6% | 76.2% | 74.8% | 74.2% | 72.9% | 73.8% | 72.5% |
| ██▄▅▄▃▁▁ | Cost of Funds (%) | 1.20% | 1.21% | 1.08% | 1.10% | 1.08% | 1.05% | 0.98% | 0.96% |
| ▃▄▂▁▁██▁ | NPA / Assets (%) | 0.25% | 0.26% | 0.23% | 0.17% | 0.20% | 0.40% | 0.38% | 0.20% |
| ▃▃▂▁▁██▁ | Net Charge-Off Ratio (%) | 0.33% | 0.34% | 0.31% | 0.23% | 0.27% | 0.55% | 0.53% | 0.26% |
| ▁▁▂▄▅▇██ | Tang. Book Value ($M) | $55 | $54 | $57 | $58 | $61 | $63 | $64 | $66 |
| ▁▁▁▂▄▃▅█ | Gross Loans ($M) | $589 | $591 | $593 | $602 | $610 | $608 | $619 | $642 |
| ▁▁▄▄▅▇██ | Total Deposits ($M) | $708 | $717 | $737 | $738 | $751 | $767 | $777 | $785 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 7% |
| Consumer | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 4% |