Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.42% | +0.11 | 0.30% |
| Return on Equity (%) | ▲ | 6.60% | +1.32 | 5.28% |
| Net Interest Margin (%) | ▲ | 3.32% | +0.55 | 2.77% |
| Efficiency Ratio (%) | ▲ | 80.79% | -3.05 | 83.85% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.32 | $2 |
| Cost of Funds (%) | ▲ | 1.90% | -0.10 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,187 | -25.08 | $1,212 |
| Gross Loans ($M) | ▲ | $969 | +1.37 | $968 |
| Loan Growth YoY (%) | ▲ | 94.92% | +4.01 | 90.91% |
| Total Deposits ($M) | ▼ | $1,015 | -42.67 | $1,058 |
| Shareholders Equity ($M) | ▲ | $77 | +9.46 | $68 |
| Tang. Book Value ($M) | ▲ | $70 | +10.51 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +10.50 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 94.92% | +4.01 | 90.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.60 | 0.65% |
| Allowance / Loans (%) | — | 0.57% | -0.06% | 0.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.76 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.61% | +0.79 | 9.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▆▇██ | Net Interest Margin (%) | 2.56% | 2.60% | 2.74% | 2.77% | 3.12% | 3.16% | 3.30% | 3.32% |
| ▁▁▂▃██▆▆ | Return on Assets (%) | 0.17% | 0.21% | 0.23% | 0.30% | 0.55% | 0.52% | 0.42% | 0.42% |
| █▇▇▄▁▂▂▂ | Efficiency Ratio (%) | 89.3% | 86.9% | 87.5% | 83.8% | 78.7% | 80.3% | 81.2% | 80.8% |
| █▇▆▂▄▂▂▁ | Cost of Funds (%) | 2.42% | 2.33% | 2.24% | 2.00% | 2.12% | 1.99% | 1.97% | 1.90% |
| ▁▂▇▇▆█▁▁ | NPA / Assets (%) | 0.11% | 0.15% | 0.62% | 0.65% | 0.52% | 0.79% | 0.13% | 0.05% |
| ▁▂▆▇▅█▁▁ | Net Charge-Off Ratio (%) | 0.14% | 0.19% | 0.79% | 0.81% | 0.66% | 1.05% | 0.16% | 0.06% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $56 | $52 | $54 | $59 | $64 | $67 | $68 | $70 |
| ▁▁▁█████ | Gross Loans ($M) | $716 | $734 | $729 | $968 | $955 | $940 | $947 | $969 |
| ▁▁▃▇▇█▇▇ | Total Deposits ($M) | $678 | $692 | $799 | $1,058 | $1,055 | $1,114 | $1,048 | $1,015 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |