Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.20% | -0.10 | 1.30% |
| Return on Equity (%) | ▼ | 14.85% | -0.31 | 15.16% |
| Net Interest Margin (%) | ▼ | 3.53% | -0.24 | 3.77% |
| Efficiency Ratio (%) | ▲ | 52.84% | -1.87 | 54.71% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.56 | $6 |
| Cost of Funds (%) | ▼ | 1.83% | +0.07 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,617 | +238.73 | $1,379 |
| Gross Loans ($M) | ▲ | $1,335 | +195.51 | $1,139 |
| Loan Growth YoY (%) | ▲ | 90.45% | +0.74 | 89.71% |
| Total Deposits ($M) | ▲ | $1,457 | +203.38 | $1,254 |
| Shareholders Equity ($M) | ▲ | $132 | +15.54 | $117 |
| Tang. Book Value ($M) | ▲ | $132 | +15.70 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $135 | +15.63 | $119 |
| Loan / Deposit Ratio (%) | ▲ | 90.45% | +0.74 | 89.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.25% | +0.06 | 0.19% |
| Allowance / Loans (%) | — | 1.25% | -0.01% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.07 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.25% | -0.70 | 10.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▄▄▄▁▁ | Net Interest Margin (%) | 4.02% | 3.99% | 3.66% | 3.77% | 3.77% | 3.71% | 3.52% | 3.53% |
| ██▇▅▆▅▂▁ | Return on Assets (%) | 1.37% | 1.38% | 1.35% | 1.30% | 1.34% | 1.30% | 1.23% | 1.20% |
| ▄█▆▇▆█▁▃ | Efficiency Ratio (%) | 53.5% | 55.3% | 54.0% | 54.7% | 54.3% | 54.9% | 51.7% | 52.8% |
| ▄▁▃▅█▁▅█ | Cost of Funds (%) | 1.72% | 1.65% | 1.71% | 1.76% | 1.82% | 1.67% | 1.75% | 1.83% |
| ▇█▇▄▂▁▁▇ | NPA / Assets (%) | 0.25% | 0.27% | 0.24% | 0.19% | 0.17% | 0.14% | 0.14% | 0.25% |
| ▇██▄▂▁▁█ | Net Charge-Off Ratio (%) | 0.29% | 0.31% | 0.30% | 0.23% | 0.20% | 0.18% | 0.17% | 0.30% |
| ▁▁▂▃▄▆██ | Tang. Book Value ($M) | $109 | $111 | $114 | $116 | $119 | $124 | $129 | $132 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $1,010 | $1,075 | $1,103 | $1,139 | $1,179 | $1,238 | $1,280 | $1,335 |
| ▁▂▄▄▅█▇█ | Total Deposits ($M) | $1,064 | $1,122 | $1,236 | $1,254 | $1,264 | $1,427 | $1,407 | $1,457 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 21% |
| Consumer | 6% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 12% |