Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.37 | 0.99% |
| Return on Equity (%) | ▲ | 14.91% | +3.94 | 10.97% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.34 | 3.26% |
| Efficiency Ratio (%) | ▲ | 54.77% | -8.77 | 63.54% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.03 | $4 |
| Cost of Funds (%) | ▲ | 1.66% | -0.13 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,101 | +74.52 | $1,026 |
| Gross Loans ($M) | ▲ | $797 | +33.92 | $763 |
| Loan Growth YoY (%) | ▼ | 78.93% | -1.94 | 80.86% |
| Total Deposits ($M) | ▲ | $994 | +65.13 | $929 |
| Shareholders Equity ($M) | ▲ | $101 | +8.54 | $93 |
| Tang. Book Value ($M) | ▲ | $101 | +8.67 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $107 | +9.88 | $97 |
| Loan / Deposit Ratio (%) | ▼ | 78.93% | -1.94 | 80.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.03 | 0.07% |
| Allowance / Loans (%) | — | 1.55% | -0.00% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.06 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.63% | +0.75 | 12.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.97% | 3.01% | 3.15% | 3.26% | 3.35% | 3.42% | 3.54% | 3.59% |
| ▁▁▂▃▃▄█▇ | Return on Assets (%) | 0.78% | 0.81% | 0.91% | 0.99% | 1.05% | 1.07% | 1.52% | 1.36% |
| ██▆▆▅▅▁▁ | Efficiency Ratio (%) | 69.6% | 68.6% | 65.3% | 63.5% | 62.4% | 62.4% | 53.0% | 54.8% |
| ██▄▃▄▄▁▁ | Cost of Funds (%) | 2.00% | 1.98% | 1.80% | 1.79% | 1.82% | 1.79% | 1.69% | 1.66% |
| ▆▂▅▂▁█▆▆ | NPA / Assets (%) | 0.10% | 0.08% | 0.10% | 0.07% | 0.07% | 0.13% | 0.11% | 0.11% |
| ▇▃▆▁▁█▇▇ | Net Charge-Off Ratio (%) | 0.15% | 0.11% | 0.14% | 0.09% | 0.08% | 0.17% | 0.15% | 0.15% |
| ▁▁▂▃▅▅▇█ | Tang. Book Value ($M) | $87 | $88 | $90 | $92 | $94 | $94 | $98 | $101 |
| ▁▂▄▆▆▇██ | Gross Loans ($M) | $698 | $722 | $737 | $763 | $767 | $778 | $794 | $797 |
| ▁▁▂▄▅▆▇█ | Total Deposits ($M) | $880 | $882 | $907 | $929 | $941 | $956 | $973 | $994 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |