Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.21 | 0.83% |
| Return on Equity (%) | ▲ | 12.99% | +0.50 | 12.49% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.37 | 3.12% |
| Efficiency Ratio (%) | ▲ | 59.55% | -8.27 | 67.83% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.37 | $4 |
| Cost of Funds (%) | ▼ | 2.01% | +0.14 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,862 | +205.69 | $1,656 |
| Gross Loans ($M) | ▲ | $1,263 | +315.39 | $948 |
| Loan Growth YoY (%) | ▲ | 86.42% | +18.07 | 68.35% |
| Total Deposits ($M) | ▲ | $1,444 | +75.45 | $1,368 |
| Shareholders Equity ($M) | ▲ | $148 | +25.85 | $122 |
| Tang. Book Value ($M) | ▲ | $147 | +25.96 | $121 |
| TBV excl. AOCI ($M)** | ▲ | $168 | +19.98 | $148 |
| Loan / Deposit Ratio (%) | ▲ | 86.42% | +18.07 | 68.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.05 | 0.09% |
| Allowance / Loans (%) | — | 1.21% | -0.10% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.01 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.88 | 13.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▅▆██ | Net Interest Margin (%) | 2.72% | 2.83% | 3.17% | 3.12% | 3.20% | 3.29% | 3.43% | 3.50% |
| ▁▂▄▅▆▇██ | Return on Assets (%) | 0.54% | 0.61% | 0.78% | 0.83% | 0.91% | 0.93% | 1.03% | 1.04% |
| ██▆▅▄▃▁▁ | Efficiency Ratio (%) | 75.8% | 74.4% | 70.1% | 67.8% | 65.7% | 64.4% | 60.9% | 59.6% |
| █▄▁▁▅▃▂▃ | Cost of Funds (%) | 2.37% | 2.10% | 1.92% | 1.87% | 2.15% | 2.02% | 1.98% | 2.01% |
| █▃▂▂▂▁▁▄ | NPA / Assets (%) | 0.21% | 0.11% | 0.08% | 0.09% | 0.09% | 0.08% | 0.06% | 0.14% |
| █▄▃▄▃▃▁▃ | Net Charge-Off Ratio (%) | 0.34% | 0.18% | 0.13% | 0.16% | 0.15% | 0.12% | 0.04% | 0.15% |
| ▁▁▂▅▆▇▇█ | Tang. Book Value ($M) | $95 | $88 | $97 | $121 | $132 | $139 | $140 | $147 |
| ▁▁▁▂▂▄▇█ | Gross Loans ($M) | $896 | $894 | $927 | $948 | $983 | $1,068 | $1,216 | $1,263 |
| ▂▂▂▄▂▁▅█ | Total Deposits ($M) | $1,320 | $1,331 | $1,323 | $1,368 | $1,328 | $1,301 | $1,388 | $1,444 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 14% |