Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.07 | 0.78% |
| Return on Equity (%) | ▲ | 8.09% | +0.24 | 7.85% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.14 | 3.95% |
| Efficiency Ratio (%) | ▼ | 73.33% | +0.64 | 72.68% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.06 | $3 |
| Cost of Funds (%) | ▲ | 1.06% | -0.05 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $872 | +8.70 | $863 |
| Gross Loans ($M) | ▲ | $524 | +23.69 | $501 |
| Loan Growth YoY (%) | ▲ | 66.90% | +2.73 | 64.17% |
| Total Deposits ($M) | ▲ | $772 | +3.34 | $769 |
| Shareholders Equity ($M) | ▲ | $94 | +5.67 | $89 |
| Tang. Book Value ($M) | ▲ | $94 | +5.72 | $88 |
| TBV excl. AOCI ($M)** | ▲ | $105 | +7.30 | $98 |
| Loan / Deposit Ratio (%) | ▲ | 66.90% | +2.73 | 64.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.02 | 0.01% |
| Allowance / Loans (%) | — | 1.46% | 0.02% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.03 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.74% | -0.16 | 17.89% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▃▄▄▆ | Net Interest Margin (%) | 4.22% | 4.16% | 3.86% | 3.95% | 3.97% | 4.01% | 4.00% | 4.10% |
| █▆▁▃▂▁▃▅ | Return on Assets (%) | 1.02% | 0.91% | 0.67% | 0.78% | 0.75% | 0.69% | 0.80% | 0.86% |
| ▁▃█▇████ | Efficiency Ratio (%) | 58.9% | 63.2% | 73.6% | 72.7% | 73.8% | 75.1% | 73.5% | 73.3% |
| ▆▄▄▄█▆▂▁ | Cost of Funds (%) | 1.13% | 1.11% | 1.11% | 1.11% | 1.17% | 1.14% | 1.08% | 1.06% |
| ▁▁▁▁▁▄█▁ | NPA / Assets (%) | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.13% | 0.27% | 0.03% |
| ▁▁▁▁▁▄█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.02% | 0.02% | 0.02% | 0.02% | 0.22% | 0.45% | 0.05% |
| ▃▁▃▅▆▇██ | Tang. Book Value ($M) | $85 | $82 | $86 | $88 | $90 | $92 | $93 | $94 |
| ▁▁▄▄▇███ | Gross Loans ($M) | $482 | $487 | $504 | $501 | $523 | $530 | $527 | $524 |
| ▁▆▅▅▆█▇▆ | Total Deposits ($M) | $728 | $770 | $767 | $769 | $774 | $795 | $785 | $772 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 88% |
| Brokered / Other | 4% |