Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.60 | 0.98% |
| Return on Equity (%) | ▲ | 11.12% | +3.34 | 7.78% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.31 | 3.62% |
| Efficiency Ratio (%) | ▼ | 73.91% | +0.33 | 73.58% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.17 | $2 |
| Cost of Funds (%) | ▲ | 1.06% | -0.16 | 1.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $855 | +11.87 | $843 |
| Gross Loans ($M) | ▼ | $617 | -0.97 | $618 |
| Loan Growth YoY (%) | ▼ | 85.36% | -1.18 | 86.54% |
| Total Deposits ($M) | ▲ | $715 | +8.60 | $707 |
| Shareholders Equity ($M) | ▲ | $124 | +13.86 | $110 |
| Tang. Book Value ($M) | ▲ | $122 | +13.86 | $108 |
| TBV excl. AOCI ($M)** | ▲ | $131 | +14.48 | $116 |
| Loan / Deposit Ratio (%) | ▼ | 85.36% | -1.18 | 86.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.07 | 0.23% |
| Allowance / Loans (%) | — | 1.00% | 0.01% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.11 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.46% | +1.64 | 20.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▇██ | Net Interest Margin (%) | 3.09% | 3.19% | 3.55% | 3.62% | 3.69% | 3.74% | 3.88% | 3.93% |
| ▂▁▁▃▄▃▂█ | Return on Assets (%) | 0.89% | 0.86% | 0.76% | 0.98% | 1.11% | 1.07% | 0.93% | 1.58% |
| █▇▁▄▂▄▁▅ | Efficiency Ratio (%) | 75.8% | 74.9% | 71.8% | 73.6% | 72.7% | 73.7% | 72.2% | 73.9% |
| █▅▃▃▂▂▁▁ | Cost of Funds (%) | 1.57% | 1.35% | 1.21% | 1.22% | 1.16% | 1.14% | 1.06% | 1.06% |
| ▁▁▂▃▅█▆█ | NPA / Assets (%) | 0.20% | 0.21% | 0.21% | 0.23% | 0.27% | 0.32% | 0.28% | 0.30% |
| ▁▁▁▂▅█▆█ | Net Charge-Off Ratio (%) | 0.28% | 0.29% | 0.29% | 0.31% | 0.37% | 0.43% | 0.39% | 0.42% |
| ▂▁▂▃▅▆▇█ | Tang. Book Value ($M) | $103 | $100 | $105 | $108 | $113 | $116 | $117 | $122 |
| ▁▃█▆▃▄▆▆ | Gross Loans ($M) | $606 | $611 | $622 | $618 | $611 | $613 | $616 | $617 |
| ▇██▁▄▂▃▄ | Total Deposits ($M) | $722 | $726 | $725 | $707 | $716 | $709 | $712 | $715 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 9% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 7% |