Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.19 | 0.90% |
| Return on Equity (%) | ▲ | 11.15% | +1.39 | 9.76% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.51 | 3.38% |
| Efficiency Ratio (%) | ▲ | 59.51% | -5.08 | 64.60% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.00 | $2 |
| Cost of Funds (%) | ▲ | 1.39% | -0.24 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $777 | +48.22 | $728 |
| Gross Loans ($M) | ▲ | $584 | +87.76 | $496 |
| Loan Growth YoY (%) | ▲ | 83.31% | +8.50 | 74.81% |
| Total Deposits ($M) | ▲ | $693 | +37.02 | $655 |
| Shareholders Equity ($M) | ▲ | $75 | +6.69 | $68 |
| Tang. Book Value ($M) | ▲ | $75 | +6.69 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $80 | +6.84 | $73 |
| Loan / Deposit Ratio (%) | ▲ | 83.31% | +8.50 | 74.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -0.14 | 0.83% |
| Allowance / Loans (%) | — | 1.23% | 0.02% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.91% | -0.30 | 1.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.05% | -0.94 | 14.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▂▄▇█ | Net Interest Margin (%) | 3.36% | 3.42% | 3.31% | 3.38% | 3.45% | 3.54% | 3.80% | 3.89% |
| ▂▆▁▂▄▅▅█ | Return on Assets (%) | 0.91% | 1.00% | 0.85% | 0.90% | 0.94% | 0.97% | 0.99% | 1.09% |
| ▇▅█▇▆▄▄▁ | Efficiency Ratio (%) | 64.5% | 63.0% | 65.6% | 64.6% | 63.4% | 61.9% | 62.4% | 59.5% |
| █▇▅▇▃▄▂▁ | Cost of Funds (%) | 1.67% | 1.61% | 1.55% | 1.63% | 1.49% | 1.50% | 1.43% | 1.39% |
| ▆██▅▄▅▂▁ | NPA / Assets (%) | 0.85% | 0.93% | 0.93% | 0.83% | 0.79% | 0.84% | 0.75% | 0.68% |
| ▅██▆▅▄▂▁ | Net Charge-Off Ratio (%) | 1.19% | 1.33% | 1.37% | 1.21% | 1.15% | 1.12% | 0.97% | 0.91% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $63 | $65 | $66 | $68 | $70 | $71 | $73 | $75 |
| ▂▁▁▁▂▅▆█ | Gross Loans ($M) | $506 | $500 | $490 | $496 | $502 | $543 | $560 | $584 |
| ▁▃▃▄▅▄▄█ | Total Deposits ($M) | $627 | $643 | $649 | $655 | $661 | $652 | $654 | $693 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 11% |