Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.11% | +0.15 | 1.96% |
| Return on Equity (%) | ▲ | 18.96% | +1.44 | 17.52% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.09 | 3.98% |
| Efficiency Ratio (%) | ▲ | 51.70% | -2.36 | 54.06% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.05 | $7 |
| Cost of Funds (%) | ▲ | 1.14% | -0.10 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,380 | +41.10 | $1,339 |
| Gross Loans ($M) | ▲ | $714 | +6.05 | $708 |
| Loan Growth YoY (%) | ▼ | 58.63% | -1.43 | 60.06% |
| Total Deposits ($M) | ▲ | $1,202 | +38.61 | $1,163 |
| Shareholders Equity ($M) | ▲ | $158 | +1.20 | $157 |
| Tang. Book Value ($M) | ▲ | $158 | +1.20 | $157 |
| TBV excl. AOCI ($M)** | ▲ | $183 | +2.28 | $181 |
| Loan / Deposit Ratio (%) | ▼ | 58.63% | -1.43 | 60.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.04 | 0.10% |
| Allowance / Loans (%) | — | 1.32% | -0.00% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.08 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆██▇▇ | Net Interest Margin (%) | 3.69% | 3.72% | 3.82% | 3.98% | 4.09% | 4.14% | 4.04% | 4.07% |
| ▂▁▁▅▆▆██ | Return on Assets (%) | 1.85% | 1.81% | 1.77% | 1.96% | 2.02% | 1.99% | 2.11% | 2.11% |
| ▄▆█▄▄▆▁▁ | Efficiency Ratio (%) | 53.8% | 55.0% | 57.0% | 54.1% | 54.0% | 55.2% | 51.6% | 51.7% |
| █▇▆▅▃▂▁▁ | Cost of Funds (%) | 1.32% | 1.29% | 1.26% | 1.24% | 1.20% | 1.18% | 1.14% | 1.14% |
| ██▁▁▁▁▁▁ | NPA / Assets (%) | 0.81% | 0.80% | 0.10% | 0.10% | 0.09% | 0.08% | 0.15% | 0.14% |
| ██▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.55% | 1.49% | 0.20% | 0.19% | 0.17% | 0.16% | 0.30% | 0.28% |
| ▁▁▄▆█▃▄▆ | Tang. Book Value ($M) | $139 | $142 | $150 | $157 | $165 | $146 | $152 | $158 |
| ▁█▁▆██▃▇ | Gross Loans ($M) | $689 | $718 | $689 | $708 | $717 | $717 | $699 | $714 |
| ▁▃▃▂▃▆▇█ | Total Deposits ($M) | $1,152 | $1,167 | $1,166 | $1,163 | $1,168 | $1,189 | $1,193 | $1,202 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 9% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 8% |