Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.17% | -1.11 | 2.28% |
| Return on Equity (%) | ▼ | 9.50% | -10.52 | 20.02% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.26 | 3.29% |
| Efficiency Ratio (%) | ▼ | 52.47% | +13.77 | 38.70% |
| Pre-Provision Profit ($M) | ▼ | $7 | -0.05 | $7 |
| Cost of Funds (%) | ▲ | 2.62% | -0.47 | 3.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,845 | -27.04 | $1,872 |
| Gross Loans ($M) | ▼ | $1,477 | -106.53 | $1,583 |
| Loan Growth YoY (%) | ▼ | 94.52% | -4.24 | 98.76% |
| Total Deposits ($M) | ▼ | $1,544 | -40.89 | $1,585 |
| Shareholders Equity ($M) | ▲ | $227 | +2.09 | $225 |
| Tang. Book Value ($M) | ▼ | $214 | -7.34 | $221 |
| Loan / Deposit Ratio (%) | ▼ | 94.52% | -4.24 | 98.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.34% | +1.24 | 0.10% |
| Allowance / Loans (%) | — | 1.20% | 0.04% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.47% | +1.35 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.28 | 13.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇▇██ | Net Interest Margin (%) | 2.79% | 2.93% | 3.23% | 3.29% | 3.36% | 3.43% | 3.50% | 3.55% |
| ▁▁█▅▄▃▂▂ | Return on Assets (%) | 0.84% | 0.96% | 3.41% | 2.28% | 1.96% | 1.76% | 1.19% | 1.17% |
| ██▁▃▄▅▆▆ | Efficiency Ratio (%) | 61.2% | 59.2% | 29.8% | 38.7% | 42.2% | 48.6% | 52.3% | 52.5% |
| █▆▅▆▆▂▁▁ | Cost of Funds (%) | 3.28% | 3.07% | 3.01% | 3.10% | 3.05% | 2.72% | 2.62% | 2.62% |
| ▁▂▁▁▁▁▃█ | NPA / Assets (%) | 0.16% | 0.24% | 0.14% | 0.10% | 0.02% | 0.18% | 0.40% | 1.34% |
| ▁▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.03% | 0.17% | 0.16% | 0.12% | 0.02% | 0.02% | 0.33% | 1.47% |
| ▁▂▅▆▇█▃▅ | Tang. Book Value ($M) | $194 | $200 | $216 | $221 | $227 | $233 | $208 | $214 |
| ▄▇█▆▄▃▃▁ | Gross Loans ($M) | $1,547 | $1,615 | $1,640 | $1,583 | $1,543 | $1,529 | $1,520 | $1,477 |
| ▁▇█▆▂▃▃▃ | Total Deposits ($M) | $1,502 | $1,604 | $1,632 | $1,585 | $1,526 | $1,545 | $1,541 | $1,544 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 20% |