Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.21 | 1.34% |
| Return on Equity (%) | ▲ | 15.86% | +0.39 | 15.47% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.30 | 4.03% |
| Efficiency Ratio (%) | ▲ | 53.80% | -2.61 | 56.40% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.52 | $3 |
| Cost of Funds (%) | ▲ | 1.36% | -0.21 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $612 | +8.55 | $603 |
| Gross Loans ($M) | ▲ | $454 | +11.81 | $442 |
| Loan Growth YoY (%) | ▲ | 81.75% | +2.15 | 79.60% |
| Total Deposits ($M) | ▼ | $546 | -0.26 | $546 |
| Shareholders Equity ($M) | ▲ | $62 | +8.92 | $53 |
| Tang. Book Value ($M) | ▲ | $62 | +8.92 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +8.62 | $58 |
| Loan / Deposit Ratio (%) | ▲ | 81.75% | +2.15 | 79.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.61% | -0.03 | 0.64% |
| Allowance / Loans (%) | — | 1.59% | 0.03% | 1.56% |
| Net Charge-Off Ratio (%) | ▲ | 0.83% | -0.05 | 0.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.10% | +1.30 | 14.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▆█ | Net Interest Margin (%) | 3.58% | 3.65% | 3.90% | 4.03% | 4.09% | 4.14% | 4.14% | 4.33% |
| ▁▁▅▅▆▅▇█ | Return on Assets (%) | 1.00% | 1.06% | 1.28% | 1.34% | 1.36% | 1.32% | 1.47% | 1.54% |
| █▇▄▃▃▅▂▁ | Efficiency Ratio (%) | 63.0% | 61.8% | 58.0% | 56.4% | 56.3% | 58.5% | 55.0% | 53.8% |
| ██▄▄▄▃▁▁ | Cost of Funds (%) | 1.82% | 1.78% | 1.58% | 1.57% | 1.56% | 1.51% | 1.37% | 1.36% |
| ▁▁▅▅▅▅█▅ | NPA / Assets (%) | 0.06% | 0.04% | 0.65% | 0.64% | 0.64% | 0.62% | 1.05% | 0.61% |
| ▁▁▅▅▅▅█▅ | Net Charge-Off Ratio (%) | 0.08% | 0.06% | 0.91% | 0.88% | 0.88% | 0.86% | 1.50% | 0.83% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $50 | $49 | $51 | $53 | $56 | $59 | $59 | $62 |
| ▁▁▂▅▆▆▅█ | Gross Loans ($M) | $422 | $425 | $430 | $442 | $445 | $445 | $441 | $454 |
| ▂▁▄▅▇▆█▅ | Total Deposits ($M) | $530 | $521 | $541 | $546 | $556 | $551 | $562 | $546 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |