Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.79% | -0.31 | 2.10% |
| Return on Equity (%) | ▼ | 11.91% | -2.71 | 14.62% |
| Net Interest Margin (%) | ▼ | 4.39% | -0.09 | 4.48% |
| Efficiency Ratio (%) | ▼ | 36.38% | +0.94 | 35.44% |
| Pre-Provision Profit ($M) | ▼ | $7 | -0.48 | $7 |
| Cost of Funds (%) | ▲ | 2.26% | -0.21 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,085 | +88.10 | $997 |
| Gross Loans ($M) | ▲ | $822 | +65.14 | $757 |
| Loan Growth YoY (%) | ▼ | 89.07% | -2.68 | 91.75% |
| Total Deposits ($M) | ▲ | $914 | +96.98 | $817 |
| Shareholders Equity ($M) | ▲ | $161 | +13.75 | $147 |
| Tang. Book Value ($M) | ▲ | $161 | +13.75 | $147 |
| TBV excl. AOCI ($M)** | ▲ | $168 | +15.83 | $153 |
| Loan / Deposit Ratio (%) | ▼ | 89.07% | -2.68 | 91.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.20% | +0.55 | 0.65% |
| Allowance / Loans (%) | — | 0.93% | 0.01% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 1.59% | +0.73 | 0.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.40% | -0.51 | 18.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▅██▄▃ | Net Interest Margin (%) | 4.65% | 4.56% | 4.24% | 4.48% | 4.68% | 4.65% | 4.41% | 4.39% |
| ▄▂▃▅█▅▂▁ | Return on Assets (%) | 2.04% | 1.91% | 1.99% | 2.10% | 2.36% | 2.10% | 1.88% | 1.79% |
| ▅█▄▃▁▄▂▄ | Efficiency Ratio (%) | 37.4% | 40.0% | 36.2% | 35.4% | 33.4% | 36.1% | 34.4% | 36.4% |
| ▇█▇▅▄▂▁▂ | Cost of Funds (%) | 2.61% | 2.73% | 2.62% | 2.47% | 2.41% | 2.29% | 2.19% | 2.26% |
| ▂▂▁▁▁▁██ | NPA / Assets (%) | 0.69% | 0.67% | 0.65% | 0.65% | 0.58% | 0.61% | 1.25% | 1.20% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.86% | 0.86% | 0.84% | 0.86% | 0.78% | 0.82% | 1.63% | 1.59% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $139 | $136 | $141 | $147 | $154 | $152 | $156 | $161 |
| ▁▂▃▂▁▁▅█ | Gross Loans ($M) | $753 | $757 | $771 | $757 | $745 | $744 | $792 | $822 |
| ▁▂▄▄▃▄▆█ | Total Deposits ($M) | $753 | $781 | $818 | $817 | $808 | $832 | $868 | $914 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 28% |