Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.30 | 0.75% |
| Return on Equity (%) | ▲ | 8.76% | +2.19 | 6.57% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.63 | 3.43% |
| Efficiency Ratio (%) | ▲ | 63.87% | -4.75 | 68.62% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.56 | $3 |
| Cost of Funds (%) | ▲ | 1.80% | -0.26 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,032 | +5.43 | $1,026 |
| Gross Loans ($M) | ▲ | $808 | +55.89 | $752 |
| Loan Growth YoY (%) | ▲ | 90.05% | +6.71 | 83.34% |
| Total Deposits ($M) | ▼ | $892 | -4.06 | $896 |
| Shareholders Equity ($M) | ▲ | $128 | +7.21 | $120 |
| Tang. Book Value ($M) | ▲ | $111 | +7.53 | $104 |
| TBV excl. AOCI ($M)** | ▲ | $115 | +6.22 | $109 |
| Loan / Deposit Ratio (%) | ▲ | 90.05% | +6.71 | 83.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.59% | -0.22 | 1.81% |
| Allowance / Loans (%) | — | 0.60% | -0.12% | 0.72% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.43 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.07% | -0.05 | 12.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅██ | Net Interest Margin (%) | 3.16% | 3.23% | 3.24% | 3.43% | 3.60% | 3.70% | 3.96% | 4.06% |
| ▂▃▁▃▃▄██ | Return on Assets (%) | 0.72% | 0.78% | 0.64% | 0.75% | 0.76% | 0.81% | 1.05% | 1.05% |
| ▆▆█▅▃▃▁▁ | Efficiency Ratio (%) | 70.4% | 69.4% | 72.7% | 68.6% | 66.8% | 66.1% | 64.3% | 63.9% |
| █▃▃▃▂▁▁▁ | Cost of Funds (%) | 2.68% | 2.10% | 2.13% | 2.06% | 1.98% | 1.85% | 1.84% | 1.80% |
| ▂▁██▄▄▄▄ | NPA / Assets (%) | 1.51% | 1.45% | 1.78% | 1.81% | 1.59% | 1.60% | 1.62% | 1.59% |
| ▂▁██▁▁▁▁ | Net Charge-Off Ratio (%) | 0.21% | 0.14% | 0.59% | 0.59% | 0.13% | 0.16% | 0.19% | 0.16% |
| █▁▁▂▂▃▄▅ | Tang. Book Value ($M) | $122 | $100 | $101 | $104 | $105 | $108 | $109 | $111 |
| ▄▃▁▁▄▇▅█ | Gross Loans ($M) | $776 | $764 | $745 | $752 | $773 | $792 | $779 | $808 |
| ▁█▅▂▆▇▆▁ | Total Deposits ($M) | $893 | $922 | $910 | $896 | $912 | $918 | $914 | $892 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 13% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |