Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.08 | 0.64% |
| Return on Equity (%) | ▲ | 6.83% | +0.31 | 6.52% |
| Net Interest Margin (%) | ▲ | 2.85% | +0.20 | 2.66% |
| Efficiency Ratio (%) | ▲ | 68.27% | -2.31 | 70.58% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.52 | $5 |
| Cost of Funds (%) | ▼ | 1.21% | +0.04 | 1.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,014 | +73.51 | $1,941 |
| Gross Loans ($M) | ▲ | $1,276 | +79.30 | $1,197 |
| Loan Growth YoY (%) | ▲ | 71.00% | +0.38 | 70.62% |
| Total Deposits ($M) | ▲ | $1,785 | +100.66 | $1,685 |
| Shareholders Equity ($M) | ▲ | $216 | +17.11 | $199 |
| Tang. Book Value ($M) | ▲ | $216 | +17.11 | $199 |
| TBV excl. AOCI ($M)** | ▲ | $245 | +15.57 | $230 |
| Loan / Deposit Ratio (%) | ▲ | 71.00% | +0.38 | 70.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.16 | 0.13% |
| Allowance / Loans (%) | — | 0.66% | 0.07% | 0.59% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.25 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▇▇█ | Net Interest Margin (%) | 2.27% | 2.31% | 2.54% | 2.66% | 2.71% | 2.72% | 2.77% | 2.85% |
| ▂▁▁▅▆▄▆█ | Return on Assets (%) | 0.57% | 0.53% | 0.54% | 0.64% | 0.66% | 0.62% | 0.66% | 0.72% |
| ▄▇█▄▁▃▃▁ | Efficiency Ratio (%) | 71.1% | 73.1% | 74.3% | 70.6% | 68.9% | 70.4% | 70.5% | 68.3% |
| █▆▂▁▁▂▁▁ | Cost of Funds (%) | 1.69% | 1.56% | 1.30% | 1.17% | 1.18% | 1.25% | 1.18% | 1.21% |
| ▁▃▃▁▂▁██ | NPA / Assets (%) | 0.14% | 0.18% | 0.19% | 0.13% | 0.16% | 0.13% | 0.30% | 0.29% |
| ▂▃▃▁▂▁██ | Net Charge-Off Ratio (%) | 0.26% | 0.30% | 0.31% | 0.21% | 0.26% | 0.21% | 0.49% | 0.46% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $190 | $184 | $194 | $199 | $206 | $209 | $213 | $216 |
| ▁▂▂▂▄▆▇█ | Gross Loans ($M) | $1,171 | $1,189 | $1,188 | $1,197 | $1,219 | $1,241 | $1,253 | $1,276 |
| ▁▃▄▂▃▇██ | Total Deposits ($M) | $1,651 | $1,694 | $1,708 | $1,685 | $1,690 | $1,754 | $1,777 | $1,785 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 12% |