Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.52% | +0.30 | 0.22% |
| Return on Equity (%) | ▲ | 5.49% | +3.09 | 2.40% |
| Net Interest Margin (%) | ▲ | 2.99% | +0.37 | 2.62% |
| Efficiency Ratio (%) | ▲ | 77.41% | -12.61 | 90.02% |
| Pre-Provision Profit ($M) | ▲ | $3 | +2.28 | $1 |
| Cost of Funds (%) | ▲ | 1.88% | -0.20 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,676 | +40.28 | $1,636 |
| Gross Loans ($M) | ▲ | $1,457 | +28.64 | $1,429 |
| Loan Growth YoY (%) | ▼ | 103.56% | -0.10 | 103.66% |
| Total Deposits ($M) | ▲ | $1,398 | +29.03 | $1,369 |
| Shareholders Equity ($M) | ▲ | $161 | +9.24 | $151 |
| Tang. Book Value ($M) | ▲ | $160 | +9.34 | $150 |
| TBV excl. AOCI ($M)** | ▲ | $165 | +8.97 | $156 |
| Loan / Deposit Ratio (%) | ▼ | 103.56% | -0.10 | 103.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.82% | -0.20 | 1.02% |
| Allowance / Loans (%) | — | 0.67% | -0.02% | 0.69% |
| Net Charge-Off Ratio (%) | ▲ | 0.94% | -0.23 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.21% | 2.26% | 2.59% | 2.62% | 2.74% | 2.80% | 2.90% | 2.99% |
| ▁▁▁▁▆▇▆█ | Return on Assets (%) | 0.23% | 0.24% | 0.23% | 0.22% | 0.44% | 0.47% | 0.45% | 0.52% |
| █▇██▃▂▂▁ | Efficiency Ratio (%) | 88.5% | 88.0% | 90.0% | 90.0% | 81.3% | 79.8% | 80.3% | 77.4% |
| █▇▅▃▂▂▁▁ | Cost of Funds (%) | 2.43% | 2.36% | 2.17% | 2.08% | 1.99% | 1.95% | 1.88% | 1.88% |
| ▁▁▁█▇██▇ | NPA / Assets (%) | 0.05% | 0.06% | 0.02% | 1.02% | 0.83% | 0.93% | 0.90% | 0.82% |
| ▁▁▁█▇██▇ | Net Charge-Off Ratio (%) | 0.06% | 0.06% | 0.02% | 1.17% | 0.97% | 1.07% | 1.03% | 0.94% |
| ▁▁▁▂▅▆▇█ | Tang. Book Value ($M) | $149 | $149 | $150 | $150 | $154 | $157 | $157 | $160 |
| ▁▁▂▅▅███ | Gross Loans ($M) | $1,388 | $1,393 | $1,404 | $1,429 | $1,432 | $1,458 | $1,461 | $1,457 |
| ▁▅▆▆█▃██ | Total Deposits ($M) | $1,311 | $1,362 | $1,371 | $1,369 | $1,401 | $1,337 | $1,396 | $1,398 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 19% |