Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.53% | +0.16 | 0.37% |
| Return on Equity (%) | ▲ | 7.72% | +1.87 | 5.85% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.33 | 2.79% |
| Efficiency Ratio (%) | ▲ | 79.54% | -5.45 | 84.99% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.49 | $2 |
| Cost of Funds (%) | ▲ | 1.69% | -0.03 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,255 | +92.12 | $1,163 |
| Gross Loans ($M) | ▲ | $1,034 | +95.92 | $938 |
| Loan Growth YoY (%) | ▲ | 96.84% | +5.43 | 91.41% |
| Total Deposits ($M) | ▲ | $1,058 | +42.17 | $1,016 |
| Shareholders Equity ($M) | ▲ | $87 | +9.58 | $77 |
| Tang. Book Value ($M) | ▲ | $87 | +9.58 | $77 |
| TBV excl. AOCI ($M)** | ▲ | $94 | +9.22 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 96.84% | +5.43 | 91.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.07 | 0.42% |
| Allowance / Loans (%) | — | 0.91% | -0.11% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.07 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.99% | -0.63 | 12.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.41% | 2.46% | 2.69% | 2.79% | 2.86% | 2.92% | 3.05% | 3.13% |
| ▁▁▂▅▆▇██ | Return on Assets (%) | 0.15% | 0.18% | 0.25% | 0.37% | 0.41% | 0.45% | 0.49% | 0.53% |
| ██▇▄▃▂▁▁ | Efficiency Ratio (%) | 92.7% | 91.3% | 90.1% | 85.0% | 83.9% | 82.6% | 81.0% | 79.5% |
| █▅▃▂▁▁▁▁ | Cost of Funds (%) | 1.95% | 1.85% | 1.76% | 1.72% | 1.71% | 1.71% | 1.71% | 1.69% |
| █▂▄▁▃▁▄▆ | NPA / Assets (%) | 0.54% | 0.43% | 0.47% | 0.42% | 0.46% | 0.41% | 0.46% | 0.49% |
| █▂▅▂▃▁▃▅ | Net Charge-Off Ratio (%) | 0.69% | 0.54% | 0.60% | 0.53% | 0.56% | 0.50% | 0.57% | 0.60% |
| ▃▁▂▄▅▇██ | Tang. Book Value ($M) | $76 | $71 | $75 | $77 | $81 | $83 | $85 | $87 |
| ▁▂▃▃▄▆▇█ | Gross Loans ($M) | $896 | $922 | $933 | $938 | $963 | $986 | $1,006 | $1,034 |
| ▁▂▅▂▅▁██ | Total Deposits ($M) | $1,009 | $1,018 | $1,036 | $1,016 | $1,035 | $1,003 | $1,064 | $1,058 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |