Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.81% | +0.33 | 0.48% |
| Return on Equity (%) | ▲ | 5.73% | +2.39 | 3.34% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.30 | 3.09% |
| Efficiency Ratio (%) | ▲ | 69.99% | -8.60 | 78.59% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.48 | $5 |
| Cost of Funds (%) | ▲ | 1.73% | -0.11 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,237 | +87.51 | $2,149 |
| Gross Loans ($M) | ▲ | $1,756 | +77.86 | $1,678 |
| Loan Growth YoY (%) | ▼ | 100.58% | -10.53 | 111.11% |
| Total Deposits ($M) | ▲ | $1,729 | +232.20 | $1,497 |
| Shareholders Equity ($M) | ▲ | $318 | +18.56 | $300 |
| Tang. Book Value ($M) | ▲ | $317 | +18.55 | $298 |
| TBV excl. AOCI ($M)** | ▲ | $334 | +18.87 | $315 |
| Loan / Deposit Ratio (%) | ▼ | 100.58% | -10.53 | 111.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.90% | -0.07 | 0.96% |
| Allowance / Loans (%) | — | 0.99% | 0.06% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 1.14% | -0.09 | 1.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 2.84% | 2.89% | 3.02% | 3.09% | 3.15% | 3.20% | 3.27% | 3.39% |
| ▁▁▁▁▃▄▆█ | Return on Assets (%) | 0.48% | 0.46% | 0.44% | 0.48% | 0.57% | 0.60% | 0.68% | 0.81% |
| ███▆▄▃▂▁ | Efficiency Ratio (%) | 81.2% | 81.9% | 82.4% | 78.6% | 75.6% | 74.1% | 73.0% | 70.0% |
| █▅▁▅▅▄▁▂ | Cost of Funds (%) | 1.99% | 1.85% | 1.69% | 1.84% | 1.87% | 1.82% | 1.73% | 1.73% |
| ██▆▄▂▂▂▁ | NPA / Assets (%) | 1.05% | 1.03% | 1.00% | 0.96% | 0.92% | 0.93% | 0.92% | 0.90% |
| ██▆▄▂▂▁▁ | Net Charge-Off Ratio (%) | 1.38% | 1.35% | 1.30% | 1.23% | 1.17% | 1.19% | 1.17% | 1.14% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $290 | $288 | $294 | $298 | $305 | $309 | $312 | $317 |
| ▁▁▃▆▇▇██ | Gross Loans ($M) | $1,510 | $1,512 | $1,600 | $1,678 | $1,714 | $1,725 | $1,748 | $1,756 |
| ▁▁▂▂▆▇▇█ | Total Deposits ($M) | $1,457 | $1,448 | $1,517 | $1,497 | $1,632 | $1,668 | $1,682 | $1,729 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 15% |