Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.41 | 0.47% |
| Return on Equity (%) | ▲ | 7.99% | +3.54 | 4.45% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.25 | 2.64% |
| Efficiency Ratio (%) | ▲ | 73.16% | -3.30 | 76.46% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.70 | $4 |
| Cost of Funds (%) | ▲ | 2.06% | -0.19 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,601 | +54.55 | $2,546 |
| Gross Loans ($M) | ▲ | $2,035 | +48.76 | $1,986 |
| Loan Growth YoY (%) | ▼ | 98.14% | -5.20 | 103.33% |
| Total Deposits ($M) | ▲ | $2,058 | +148.80 | $1,909 |
| Shareholders Equity ($M) | ▲ | $291 | +23.44 | $267 |
| Tang. Book Value ($M) | ▲ | $287 | +23.53 | $264 |
| TBV excl. AOCI ($M)** | ▲ | $310 | +23.42 | $287 |
| Loan / Deposit Ratio (%) | ▼ | 98.14% | -5.20 | 103.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.22% | +0.39 | 0.83% |
| Allowance / Loans (%) | — | 0.75% | 0.08% | 0.67% |
| Net Charge-Off Ratio (%) | ▼ | 1.15% | +0.43 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.93% | +0.48 | 13.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.41% | 2.42% | 2.62% | 2.64% | 2.67% | 2.71% | 2.85% | 2.89% |
| ▅▄▁▄▅▇▂█ | Return on Assets (%) | 0.59% | 0.44% | 0.16% | 0.47% | 0.58% | 0.71% | 0.32% | 0.88% |
| ▇█▂▂▂▁▂▁ | Efficiency Ratio (%) | 87.0% | 91.0% | 76.0% | 76.5% | 76.7% | 73.9% | 75.5% | 73.2% |
| █▇▅▄▃▃▁▁ | Cost of Funds (%) | 2.47% | 2.41% | 2.28% | 2.25% | 2.21% | 2.17% | 2.06% | 2.06% |
| ▁▂▁▂▁▁▂█ | NPA / Assets (%) | 0.78% | 0.81% | 0.80% | 0.83% | 0.75% | 0.77% | 0.82% | 1.22% |
| ▃▂▂▂▁▁▂█ | Net Charge-Off Ratio (%) | 0.74% | 0.74% | 0.71% | 0.72% | 0.60% | 0.62% | 0.68% | 1.15% |
| ▁▁▁▃▄▆▆█ | Tang. Book Value ($M) | $255 | $257 | $259 | $264 | $269 | $277 | $279 | $287 |
| ▁▄▄▆▆▆▆█ | Gross Loans ($M) | $1,894 | $1,949 | $1,957 | $1,986 | $1,991 | $1,985 | $1,998 | $2,035 |
| ▃▁▃▃▅▇██ | Total Deposits ($M) | $1,898 | $1,832 | $1,895 | $1,909 | $1,951 | $2,018 | $2,049 | $2,058 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 14% |