Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.15 | 0.84% |
| Return on Equity (%) | ▲ | 5.50% | +0.68 | 4.82% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.46 | 3.96% |
| Efficiency Ratio (%) | ▲ | 69.01% | -3.26 | 72.27% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.41 | $2 |
| Cost of Funds (%) | ▲ | 1.53% | -0.13 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $787 | +31.68 | $755 |
| Gross Loans ($M) | ▲ | $676 | +32.54 | $643 |
| Loan Growth YoY (%) | ▲ | 111.55% | +2.85 | 108.70% |
| Total Deposits ($M) | ▲ | $601 | +13.59 | $588 |
| Shareholders Equity ($M) | ▲ | $141 | +10.73 | $130 |
| Tang. Book Value ($M) | ▲ | $141 | +10.74 | $130 |
| TBV excl. AOCI ($M)** | ▲ | $143 | +10.49 | $133 |
| Loan / Deposit Ratio (%) | ▲ | 111.55% | +2.85 | 108.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.17% | +0.05 | 1.12% |
| Allowance / Loans (%) | — | 0.76% | 0.06% | 0.71% |
| Net Charge-Off Ratio (%) | ▼ | 1.36% | +0.05 | 1.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.03% | -0.26 | 22.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 3.61% | 3.67% | 3.89% | 3.96% | 4.03% | 4.09% | 4.40% | 4.42% |
| ▃▁▃▅▅▂██ | Return on Assets (%) | 0.73% | 0.64% | 0.76% | 0.84% | 0.85% | 0.72% | 0.95% | 0.99% |
| ▆█▆▄▂▅▁▁ | Efficiency Ratio (%) | 74.6% | 76.9% | 74.6% | 72.3% | 70.7% | 73.6% | 69.3% | 69.0% |
| ██▇▄▅▄▁▁ | Cost of Funds (%) | 1.82% | 1.82% | 1.75% | 1.66% | 1.69% | 1.64% | 1.55% | 1.53% |
| ▂▁▂▅▆█▆▆ | NPA / Assets (%) | 0.86% | 0.78% | 0.90% | 1.12% | 1.15% | 1.35% | 1.15% | 1.17% |
| ▂▁▂▅▆█▅▆ | Net Charge-Off Ratio (%) | 1.00% | 0.92% | 1.05% | 1.31% | 1.35% | 1.57% | 1.32% | 1.36% |
| ▁▁▂▃▄▇██ | Tang. Book Value ($M) | $126 | $126 | $129 | $130 | $133 | $137 | $139 | $141 |
| ▁▂▃▅▆▇▇█ | Gross Loans ($M) | $609 | $621 | $627 | $643 | $659 | $663 | $667 | $676 |
| ▁▂▆▆▇███ | Total Deposits ($M) | $529 | $546 | $587 | $588 | $596 | $610 | $607 | $601 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |