Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.31 | 0.76% |
| Return on Equity (%) | ▲ | 11.26% | +3.13 | 8.13% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.37 | 3.42% |
| Efficiency Ratio (%) | ▲ | 62.46% | -9.65 | 72.12% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.55 | $2 |
| Cost of Funds (%) | ▲ | 1.62% | -0.08 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $644 | +34.43 | $610 |
| Gross Loans ($M) | ▲ | $482 | +15.04 | $467 |
| Loan Growth YoY (%) | ▼ | 82.40% | -2.03 | 84.43% |
| Total Deposits ($M) | ▲ | $579 | +31.22 | $548 |
| Shareholders Equity ($M) | ▲ | $61 | +3.35 | $58 |
| Tang. Book Value ($M) | ▲ | $58 | +3.54 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +3.72 | $59 |
| Loan / Deposit Ratio (%) | ▼ | 82.40% | -2.03 | 84.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.57% | -0.05 | 0.61% |
| Allowance / Loans (%) | — | 1.02% | 0.06% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.04 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.11% | -0.48 | 13.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 3.04% | 3.09% | 3.31% | 3.42% | 3.51% | 3.58% | 3.71% | 3.79% |
| ▁▁▁▃▅▇██ | Return on Assets (%) | 0.63% | 0.67% | 0.64% | 0.76% | 0.91% | 1.00% | 1.09% | 1.07% |
| ███▆▄▂▁▁ | Efficiency Ratio (%) | 77.5% | 75.5% | 76.2% | 72.1% | 67.8% | 64.9% | 60.9% | 62.5% |
| █▇▃▃▃▂▁▁ | Cost of Funds (%) | 2.03% | 1.96% | 1.73% | 1.70% | 1.72% | 1.68% | 1.59% | 1.62% |
| ▁▂▆█▃▃█▆ | NPA / Assets (%) | 0.31% | 0.37% | 0.56% | 0.61% | 0.44% | 0.41% | 0.65% | 0.57% |
| ▁▃▅▆▂▁█▇ | Net Charge-Off Ratio (%) | 0.40% | 0.48% | 0.55% | 0.59% | 0.41% | 0.36% | 0.70% | 0.63% |
| ▄▁▂▂▅▇▇█ | Tang. Book Value ($M) | $55 | $53 | $53 | $54 | $55 | $56 | $57 | $58 |
| ▁▁▁▂▃▅█▇ | Gross Loans ($M) | $461 | $464 | $464 | $467 | $470 | $477 | $486 | $482 |
| ▅▁▃▁▃▃██ | Total Deposits ($M) | $566 | $548 | $558 | $548 | $559 | $556 | $576 | $579 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 11% |