Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.25% | +0.13 | 2.13% |
| Return on Equity (%) | ▲ | 22.88% | +0.71 | 22.17% |
| Net Interest Margin (%) | ▲ | 4.80% | +0.38 | 4.42% |
| Efficiency Ratio (%) | ▲ | 52.89% | -0.46 | 53.35% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.94 | $6 |
| Cost of Funds (%) | ▲ | 1.03% | -0.04 | 1.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,175 | +69.18 | $1,106 |
| Gross Loans ($M) | ▲ | $867 | +154.97 | $712 |
| Loan Growth YoY (%) | ▲ | 81.50% | +10.71 | 70.79% |
| Total Deposits ($M) | ▲ | $1,050 | +58.32 | $991 |
| Shareholders Equity ($M) | ▲ | $117 | +10.19 | $107 |
| Tang. Book Value ($M) | ▲ | $117 | +10.19 | $107 |
| TBV excl. AOCI ($M)** | ▲ | $129 | +10.32 | $119 |
| Loan / Deposit Ratio (%) | ▲ | 81.50% | +10.71 | 70.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.32 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | -0.13% | 1.50% |
| Net Charge-Off Ratio (%) | ▼ | 0.43% | +0.43 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.20% | -1.98 | 14.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▄▄▅██ | Net Interest Margin (%) | 4.15% | 4.25% | 4.46% | 4.42% | 4.45% | 4.51% | 4.74% | 4.80% |
| ▁▂▄▄▅███ | Return on Assets (%) | 2.04% | 2.07% | 2.13% | 2.13% | 2.17% | 2.25% | 2.24% | 2.25% |
| ▇▅▇█▇▁▅▆ | Efficiency Ratio (%) | 53.0% | 52.5% | 53.1% | 53.4% | 53.0% | 51.6% | 52.7% | 52.9% |
| ██▄▃▅▂▁▂ | Cost of Funds (%) | 1.29% | 1.28% | 1.10% | 1.07% | 1.17% | 1.04% | 0.98% | 1.03% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.31% | 0.30% | 0.29% | 0.32% |
| ▁▁▁▁██▇█ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.45% | 0.42% | 0.40% | 0.43% |
| ▂▁▂▄▆▆██ | Tang. Book Value ($M) | $102 | $99 | $102 | $107 | $110 | $112 | $115 | $117 |
| ▁▁▁▁▃▆██ | Gross Loans ($M) | $695 | $707 | $706 | $712 | $749 | $809 | $848 | $867 |
| ▂▁▁▄▄▇▇█ | Total Deposits ($M) | $953 | $939 | $944 | $991 | $989 | $1,025 | $1,032 | $1,050 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 1% |