Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.26 | 0.89% |
| Return on Equity (%) | ▲ | 10.52% | +2.72 | 7.80% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.02 | 3.41% |
| Efficiency Ratio (%) | ▲ | 55.31% | -4.29 | 59.60% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.19 | $4 |
| Cost of Funds (%) | ▲ | 2.58% | -0.23 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,610 | +237.66 | $1,373 |
| Gross Loans ($M) | ▲ | $976 | +98.82 | $877 |
| Loan Growth YoY (%) | ▼ | 72.98% | -5.06 | 78.04% |
| Total Deposits ($M) | ▲ | $1,328 | +213.20 | $1,114 |
| Shareholders Equity ($M) | ▲ | $172 | +17.25 | $155 |
| Tang. Book Value ($M) | ▲ | $171 | +17.16 | $154 |
| TBV excl. AOCI ($M)** | ▲ | $193 | +22.95 | $170 |
| Loan / Deposit Ratio (%) | ▼ | 72.98% | -5.06 | 78.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.68% | -0.12% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.31% | -0.12 | 15.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█▇▆█▇█ | Net Interest Margin (%) | 3.25% | 3.28% | 3.45% | 3.41% | 3.39% | 3.42% | 3.42% | 3.43% |
| ▂▆▅▁▃▄██ | Return on Assets (%) | 0.92% | 1.07% | 1.02% | 0.89% | 0.96% | 1.01% | 1.12% | 1.15% |
| ▆▁▅█▇▇▄▁ | Efficiency Ratio (%) | 57.8% | 54.7% | 57.7% | 59.6% | 58.8% | 58.5% | 56.9% | 55.3% |
| ██▅▆█▄▁▁ | Cost of Funds (%) | 2.94% | 2.95% | 2.79% | 2.81% | 2.92% | 2.73% | 2.57% | 2.58% |
| ██▁▁▁█▅▅ | NPA / Assets (%) | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% |
| ██▁▁▁█▅▅ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.02% | 0.01% | 0.01% |
| ▁▂▃▃▅▆▇█ | Tang. Book Value ($M) | $144 | $150 | $152 | $154 | $158 | $162 | $166 | $171 |
| ▁▁▂▂▃▅▇█ | Gross Loans ($M) | $863 | $854 | $878 | $877 | $892 | $924 | $948 | $976 |
| ▁▁▂▃▅▅▆█ | Total Deposits ($M) | $1,030 | $1,063 | $1,097 | $1,114 | $1,206 | $1,204 | $1,229 | $1,328 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 23% |