Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.82% | +0.04 | 0.78% |
| Return on Equity (%) | ▼ | 10.00% | -0.37 | 10.37% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.21 | 3.46% |
| Efficiency Ratio (%) | ▼ | 76.25% | +0.56 | 75.70% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.46% | -0.29 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $771 | +41.08 | $730 |
| Gross Loans ($M) | ▲ | $447 | +13.68 | $434 |
| Loan Growth YoY (%) | ▼ | 62.59% | -1.13 | 63.72% |
| Total Deposits ($M) | ▲ | $703 | +33.50 | $669 |
| Shareholders Equity ($M) | ▲ | $64 | +7.60 | $56 |
| Tang. Book Value ($M) | ▲ | $64 | +7.60 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +9.49 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 62.59% | -1.13 | 63.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.14 | 0.03% |
| Allowance / Loans (%) | — | 1.64% | 0.01% | 1.63% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.23 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.95% | +0.14 | 11.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▂▄▄▆█ | Net Interest Margin (%) | 3.40% | 3.45% | 3.44% | 3.46% | 3.51% | 3.51% | 3.60% | 3.67% |
| ▁▃▁▃██▂▇ | Return on Assets (%) | 0.76% | 0.77% | 0.75% | 0.78% | 0.84% | 0.84% | 0.77% | 0.82% |
| ▂▁▂▃▁▁█▄ | Efficiency Ratio (%) | 75.2% | 74.6% | 75.3% | 75.7% | 74.8% | 74.9% | 78.5% | 76.3% |
| █▃▄▅▆▄▂▁ | Cost of Funds (%) | 1.94% | 1.59% | 1.65% | 1.75% | 1.82% | 1.66% | 1.53% | 1.46% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.04% | 0.03% | 0.03% | 0.03% | 0.18% | 0.17% | 0.17% | 0.16% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.06% | 0.06% | 0.05% | 0.05% | 0.29% | 0.30% | 0.29% | 0.28% |
| ▂▁▂▄▆█▇█ | Tang. Book Value ($M) | $54 | $51 | $54 | $56 | $59 | $63 | $61 | $64 |
| ▁▂▅▆▇▇██ | Gross Loans ($M) | $398 | $406 | $425 | $434 | $435 | $439 | $442 | $447 |
| ▁▄▅▆▆█▇█ | Total Deposits ($M) | $595 | $638 | $655 | $669 | $666 | $695 | $680 | $703 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |