Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.21% | +0.06 | 3.15% |
| Return on Equity (%) | ▲ | 34.00% | +0.41 | 33.59% |
| Net Interest Margin (%) | ▼ | 5.38% | -0.03 | 5.41% |
| Efficiency Ratio (%) | ▲ | 41.06% | -0.39 | 41.45% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.52 | $7 |
| Cost of Funds (%) | ▲ | 0.41% | -0.06 | 0.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $864 | +59.13 | $804 |
| Gross Loans ($M) | ▲ | $503 | +46.66 | $456 |
| Loan Growth YoY (%) | ▲ | 63.85% | +1.80 | 62.06% |
| Total Deposits ($M) | ▲ | $780 | +52.20 | $727 |
| Shareholders Equity ($M) | ▲ | $82 | +7.95 | $74 |
| Tang. Book Value ($M) | ▲ | $82 | +7.95 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +8.13 | $87 |
| Loan / Deposit Ratio (%) | ▲ | 63.85% | +1.80 | 62.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.34% | -0.17 | 1.51% |
| Allowance / Loans (%) | — | 1.06% | -0.05% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 2.30% | -0.36 | 2.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.03% | -0.35 | 21.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▂▆▆▇▁▅ | Net Interest Margin (%) | 5.44% | 5.48% | 5.29% | 5.41% | 5.39% | 5.43% | 5.23% | 5.38% |
| ██▁▅▅▅▃▆ | Return on Assets (%) | 3.36% | 3.33% | 2.92% | 3.15% | 3.18% | 3.17% | 3.06% | 3.21% |
| ▁▂█▅▅▆▆▅ | Efficiency Ratio (%) | 38.7% | 39.4% | 43.4% | 41.4% | 41.1% | 42.0% | 41.8% | 41.1% |
| ██▆▇▆▂▁▂ | Cost of Funds (%) | 0.50% | 0.50% | 0.46% | 0.47% | 0.47% | 0.41% | 0.39% | 0.41% |
| ▁▁██▇▄▅▆ | NPA / Assets (%) | 0.86% | 0.76% | 1.57% | 1.51% | 1.40% | 1.13% | 1.18% | 1.34% |
| ▂▁███▅▅▆ | Net Charge-Off Ratio (%) | 1.49% | 1.31% | 2.66% | 2.66% | 2.52% | 2.05% | 2.15% | 2.30% |
| ▁▅▁▂▄█▅▇ | Tang. Book Value ($M) | $73 | $79 | $73 | $74 | $79 | $85 | $80 | $82 |
| ▁▂▂▂▃▅▇█ | Gross Loans ($M) | $446 | $454 | $455 | $456 | $462 | $478 | $491 | $503 |
| ▁▁▅▃▄▆█▆ | Total Deposits ($M) | $693 | $699 | $756 | $727 | $748 | $780 | $815 | $780 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 2% |