Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.47 | 0.48% |
| Return on Equity (%) | ▲ | 8.55% | +3.87 | 4.68% |
| Net Interest Margin (%) | ▲ | 3.33% | +0.62 | 2.71% |
| Efficiency Ratio (%) | ▲ | 67.02% | -13.31 | 80.34% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.59 | $2 |
| Cost of Funds (%) | ▲ | 1.50% | -0.13 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,205 | +20.69 | $1,185 |
| Gross Loans ($M) | ▲ | $945 | +91.45 | $853 |
| Loan Growth YoY (%) | ▲ | 100.25% | +6.89 | 93.36% |
| Total Deposits ($M) | ▲ | $933 | +28.23 | $905 |
| Shareholders Equity ($M) | ▲ | $136 | +13.28 | $123 |
| Tang. Book Value ($M) | ▲ | $136 | +13.29 | $123 |
| TBV excl. AOCI ($M)** | ▲ | $145 | +9.39 | $136 |
| Loan / Deposit Ratio (%) | ▲ | 100.25% | +6.89 | 93.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.07 | 0.22% |
| Allowance / Loans (%) | — | 0.96% | -0.01% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.11 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.18% | +0.03 | 15.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 2.38% | 2.43% | 2.63% | 2.71% | 2.81% | 2.91% | 3.29% | 3.33% |
| ▃▂▁▃▄▃▇█ | Return on Assets (%) | 0.46% | 0.44% | 0.28% | 0.48% | 0.57% | 0.47% | 0.82% | 0.95% |
| ██▆▆▆▅▁▁ | Efficiency Ratio (%) | 87.9% | 85.6% | 79.6% | 80.3% | 79.1% | 76.4% | 64.3% | 67.0% |
| █▇▆▅▃▄▁▂ | Cost of Funds (%) | 1.78% | 1.70% | 1.66% | 1.63% | 1.56% | 1.57% | 1.45% | 1.50% |
| ▁▆▇▆█▅▁▃ | NPA / Assets (%) | 0.08% | 0.23% | 0.24% | 0.22% | 0.28% | 0.20% | 0.09% | 0.15% |
| ▁▇▇▆█▅▁▃ | Net Charge-Off Ratio (%) | 0.12% | 0.34% | 0.34% | 0.31% | 0.38% | 0.26% | 0.11% | 0.20% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $114 | $115 | $119 | $123 | $127 | $131 | $133 | $136 |
| ▁▁▂▄▅▇██ | Gross Loans ($M) | $787 | $795 | $813 | $853 | $884 | $918 | $928 | $945 |
| ▁▁▂▂▅▄█▇ | Total Deposits ($M) | $896 | $895 | $904 | $905 | $920 | $916 | $941 | $933 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 8% |