Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.17% | +0.11 | 2.05% |
| Return on Equity (%) | ▲ | 13.19% | +0.94 | 12.25% |
| Net Interest Margin (%) | ▼ | 4.22% | -0.07 | 4.29% |
| Efficiency Ratio (%) | ▼ | 29.67% | +0.80 | 28.87% |
| Pre-Provision Profit ($M) | ▼ | $12 | -0.75 | $13 |
| Cost of Funds (%) | ▲ | 2.43% | -0.29 | 2.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,820 | +71.39 | $1,749 |
| Gross Loans ($M) | ▲ | $1,563 | +13.09 | $1,550 |
| Loan Growth YoY (%) | ▼ | 103.67% | -2.86 | 106.53% |
| Total Deposits ($M) | ▲ | $1,493 | +53.29 | $1,440 |
| Shareholders Equity ($M) | ▲ | $302 | +20.28 | $282 |
| Tang. Book Value ($M) | ▲ | $302 | +20.28 | $282 |
| TBV excl. AOCI ($M)** | ▲ | $304 | +21.33 | $283 |
| Loan / Deposit Ratio (%) | ▼ | 103.67% | -2.86 | 106.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.13% | +1.39 | 1.75% |
| Allowance / Loans (%) | — | 0.93% | -0.07% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 1.73% | +0.99 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▄▇█▆▁ | Net Interest Margin (%) | 4.31% | 4.32% | 4.22% | 4.29% | 4.35% | 4.38% | 4.33% | 4.22% |
| ▄▆▁▃▆█▅▆ | Return on Assets (%) | 2.10% | 2.17% | 1.95% | 2.05% | 2.19% | 2.28% | 2.14% | 2.17% |
| █▅█▅▃▁▃▆ | Efficiency Ratio (%) | 30.9% | 28.9% | 30.9% | 28.9% | 27.9% | 26.3% | 27.8% | 29.7% |
| █▆▄▅▅▄▁▁ | Cost of Funds (%) | 2.96% | 2.81% | 2.65% | 2.72% | 2.73% | 2.64% | 2.44% | 2.43% |
| ▃▅▂▁▁▁▁█ | NPA / Assets (%) | 2.12% | 2.48% | 1.83% | 1.75% | 1.69% | 1.68% | 1.62% | 3.13% |
| ▆█▁▁▁▁▁▆ | Net Charge-Off Ratio (%) | 1.74% | 2.10% | 0.81% | 0.74% | 0.73% | 0.71% | 0.69% | 1.73% |
| ▁▂▂▄▆█▆█ | Tang. Book Value ($M) | $268 | $276 | $273 | $282 | $292 | $303 | $293 | $302 |
| ▁▃▅█████ | Gross Loans ($M) | $1,298 | $1,372 | $1,460 | $1,550 | $1,583 | $1,578 | $1,574 | $1,563 |
| ▁▁▅▆▇▇██ | Total Deposits ($M) | $1,197 | $1,227 | $1,385 | $1,440 | $1,485 | $1,473 | $1,528 | $1,493 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 36% |