Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.16 | 1.04% |
| Return on Equity (%) | ▲ | 10.57% | +0.58 | 9.99% |
| Net Interest Margin (%) | ▲ | 2.96% | +0.07 | 2.89% |
| Efficiency Ratio (%) | ▲ | 48.36% | -4.79 | 53.15% |
| Pre-Provision Profit ($M) | ▲ | $9 | +1.04 | $8 |
| Cost of Funds (%) | ▲ | 2.62% | -0.29 | 2.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,167 | +35.94 | $2,131 |
| Gross Loans ($M) | ▲ | $1,822 | +46.87 | $1,776 |
| Loan Growth YoY (%) | ▲ | 98.41% | +1.43 | 96.98% |
| Total Deposits ($M) | ▲ | $1,832 | +20.90 | $1,811 |
| Shareholders Equity ($M) | ▲ | $246 | +15.14 | $231 |
| Tang. Book Value ($M) | ▲ | $246 | +15.14 | $231 |
| Loan / Deposit Ratio (%) | ▲ | 98.41% | +1.43 | 96.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.96% | +0.16 | 0.80% |
| Allowance / Loans (%) | — | 1.07% | -0.01% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.14% | +0.21 | 0.94% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.55% | +0.10 | 13.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇▇█▆█ | Net Interest Margin (%) | 2.51% | 2.57% | 2.78% | 2.89% | 2.90% | 2.92% | 2.83% | 2.96% |
| ▁▂▅▆▄▅▇█ | Return on Assets (%) | 0.70% | 0.77% | 0.98% | 1.04% | 0.90% | 0.99% | 1.12% | 1.20% |
| █▇█▅▁▁▄▁ | Efficiency Ratio (%) | 56.5% | 55.3% | 57.5% | 53.2% | 48.1% | 47.2% | 51.1% | 48.4% |
| █▇▄▃▄▃▁▁ | Cost of Funds (%) | 3.45% | 3.24% | 2.97% | 2.91% | 2.94% | 2.84% | 2.59% | 2.62% |
| ▄▄▅▆▁▅██ | NPA / Assets (%) | 0.71% | 0.72% | 0.72% | 0.80% | 0.48% | 0.72% | 0.95% | 0.96% |
| ▄▄▄▆▁▅██ | Net Charge-Off Ratio (%) | 0.84% | 0.84% | 0.82% | 0.94% | 0.57% | 0.87% | 1.14% | 1.14% |
| ▁▁▂▆▆▇██ | Tang. Book Value ($M) | $205 | $209 | $215 | $231 | $234 | $239 | $243 | $246 |
| ▁▁▄▄▁▃▅█ | Gross Loans ($M) | $1,739 | $1,742 | $1,771 | $1,776 | $1,748 | $1,762 | $1,784 | $1,822 |
| ▁▂▅▇▄▄▇█ | Total Deposits ($M) | $1,747 | $1,759 | $1,790 | $1,811 | $1,781 | $1,783 | $1,811 | $1,832 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 21% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 24% |