Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.26 | 0.42% |
| Return on Equity (%) | ▲ | 5.29% | +2.02 | 3.27% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.28 | 3.28% |
| Efficiency Ratio (%) | ▲ | 75.31% | -9.40 | 84.71% |
| Pre-Provision Profit ($M) | ▲ | $5 | +2.52 | $2 |
| Cost of Funds (%) | ▲ | 1.09% | -0.11 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,920 | +89.42 | $1,830 |
| Gross Loans ($M) | ▲ | $1,504 | +114.82 | $1,389 |
| Loan Growth YoY (%) | ▲ | 101.09% | +5.20 | 95.89% |
| Total Deposits ($M) | ▲ | $1,469 | +39.57 | $1,430 |
| Shareholders Equity ($M) | ▲ | $248 | +16.76 | $231 |
| Tang. Book Value ($M) | ▲ | $243 | +16.76 | $226 |
| TBV excl. AOCI ($M)** | ▲ | $254 | +15.65 | $238 |
| Loan / Deposit Ratio (%) | ▲ | 101.09% | +5.20 | 95.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.01 | 0.04% |
| Allowance / Loans (%) | — | 1.23% | -0.07% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.01 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▆▆██ | Net Interest Margin (%) | 2.59% | 2.68% | 3.30% | 3.28% | 3.29% | 3.29% | 3.46% | 3.56% |
| ▁▂▄▄▅▅▇█ | Return on Assets (%) | 0.17% | 0.29% | 0.41% | 0.42% | 0.45% | 0.46% | 0.60% | 0.68% |
| █▁▆▆▆▅▄▃ | Efficiency Ratio (%) | 93.7% | 64.4% | 85.1% | 84.7% | 83.4% | 82.6% | 78.4% | 75.3% |
| ██▂▂▂▁▁▁ | Cost of Funds (%) | 1.72% | 1.65% | 1.21% | 1.21% | 1.17% | 1.13% | 1.14% | 1.09% |
| █▂▃▁▂▁▂▁ | NPA / Assets (%) | 0.23% | 0.06% | 0.10% | 0.04% | 0.06% | 0.06% | 0.08% | 0.04% |
| █▂▃▁▂▁▂▁ | Net Charge-Off Ratio (%) | 0.32% | 0.08% | 0.13% | 0.05% | 0.09% | 0.07% | 0.10% | 0.05% |
| ▁▄▅▆▇▇██ | Tang. Book Value ($M) | $198 | $217 | $223 | $226 | $232 | $236 | $239 | $243 |
| ▁▁▁▁▂▇▇█ | Gross Loans ($M) | $1,390 | $1,386 | $1,382 | $1,389 | $1,404 | $1,479 | $1,486 | $1,504 |
| █▁▁▄▃▂▄▇ | Total Deposits ($M) | $1,486 | $1,380 | $1,389 | $1,430 | $1,419 | $1,394 | $1,427 | $1,469 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 3% |