Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.06 | 1.79% |
| Return on Equity (%) | ▼ | 21.38% | -0.65 | 22.03% |
| Net Interest Margin (%) | ▲ | 3.76% | +0.09 | 3.67% |
| Efficiency Ratio (%) | ▲ | 54.31% | -0.54 | 54.85% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.39 | $7 |
| Cost of Funds (%) | ▲ | 2.14% | -0.16 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,641 | +89.48 | $1,551 |
| Gross Loans ($M) | ▲ | $1,075 | +95.96 | $979 |
| Loan Growth YoY (%) | ▲ | 71.57% | +3.31 | 68.26% |
| Total Deposits ($M) | ▲ | $1,478 | +69.62 | $1,408 |
| Shareholders Equity ($M) | ▲ | $149 | +20.02 | $128 |
| Tang. Book Value ($M) | ▲ | $144 | +20.14 | $123 |
| TBV excl. AOCI ($M)** | ▲ | $153 | +20.59 | $133 |
| Loan / Deposit Ratio (%) | ▲ | 71.57% | +3.31 | 68.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.68% | +0.13 | 0.55% |
| Allowance / Loans (%) | — | 1.61% | -0.20% | 1.82% |
| Net Charge-Off Ratio (%) | ▼ | 0.75% | +0.01 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▅▇█▅█ | Net Interest Margin (%) | 3.51% | 3.57% | 3.52% | 3.67% | 3.74% | 3.78% | 3.65% | 3.76% |
| ▁▃▁▆▇█▇█ | Return on Assets (%) | 1.69% | 1.74% | 1.67% | 1.79% | 1.82% | 1.85% | 1.82% | 1.85% |
| ▇▄█▃▃▂▁▁ | Efficiency Ratio (%) | 55.7% | 55.1% | 56.1% | 54.9% | 54.7% | 54.6% | 54.2% | 54.3% |
| █▇▅▅▅▃▁▂ | Cost of Funds (%) | 2.51% | 2.42% | 2.31% | 2.31% | 2.30% | 2.19% | 2.07% | 2.14% |
| ▁▁▂▃▂▁▄█ | NPA / Assets (%) | 0.50% | 0.50% | 0.53% | 0.55% | 0.53% | 0.50% | 0.59% | 0.68% |
| ▅▆██▂▁▅█ | Net Charge-Off Ratio (%) | 0.64% | 0.66% | 0.72% | 0.74% | 0.51% | 0.48% | 0.64% | 0.75% |
| ▂▁▂▃▆▅▆█ | Tang. Book Value ($M) | $117 | $113 | $120 | $123 | $134 | $129 | $136 | $144 |
| ▁▁▂▃▅███ | Gross Loans ($M) | $924 | $940 | $947 | $979 | $1,011 | $1,077 | $1,066 | $1,075 |
| ▁▂▃▄▄▆██ | Total Deposits ($M) | $1,320 | $1,353 | $1,386 | $1,408 | $1,394 | $1,446 | $1,499 | $1,478 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 6% |
| Consumer | 8% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |