Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.75% | +0.06 | 1.69% |
| Return on Equity (%) | ▼ | 14.38% | -1.89 | 16.27% |
| Net Interest Margin (%) | ▲ | 4.73% | +0.29 | 4.44% |
| Efficiency Ratio (%) | ▼ | 52.10% | +0.45 | 51.66% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.41 | $5 |
| Cost of Funds (%) | ▲ | 1.39% | -0.08 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $916 | -6.91 | $923 |
| Gross Loans ($M) | ▲ | $672 | +47.00 | $625 |
| Loan Growth YoY (%) | ▲ | 83.52% | +8.04 | 75.48% |
| Total Deposits ($M) | ▼ | $795 | -23.45 | $819 |
| Shareholders Equity ($M) | ▲ | $112 | +15.39 | $97 |
| Tang. Book Value ($M) | ▲ | $110 | +15.63 | $94 |
| TBV excl. AOCI ($M)** | ▲ | $117 | +15.83 | $101 |
| Loan / Deposit Ratio (%) | ▲ | 83.52% | +8.04 | 75.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.27 | 0.39% |
| Allowance / Loans (%) | — | 1.09% | 0.04% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.12% | -0.44 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆██ | Net Interest Margin (%) | 4.27% | 4.30% | 4.35% | 4.44% | 4.53% | 4.59% | 4.70% | 4.73% |
| ▁▂▃▆██▄█ | Return on Assets (%) | 1.50% | 1.54% | 1.60% | 1.69% | 1.77% | 1.78% | 1.63% | 1.75% |
| ██▅▂▁▂█▃ | Efficiency Ratio (%) | 55.9% | 55.7% | 53.5% | 51.7% | 50.6% | 51.6% | 55.5% | 52.1% |
| █▇▃▃▄▃▁▁ | Cost of Funds (%) | 1.77% | 1.69% | 1.50% | 1.47% | 1.51% | 1.49% | 1.34% | 1.39% |
| █▅▅▄▆▆▁▁ | NPA / Assets (%) | 0.67% | 0.46% | 0.41% | 0.39% | 0.49% | 0.52% | 0.16% | 0.13% |
| █▆▅▅▂▂▁▁ | Net Charge-Off Ratio (%) | 0.92% | 0.63% | 0.58% | 0.56% | 0.22% | 0.23% | 0.16% | 0.12% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $85 | $86 | $91 | $94 | $100 | $104 | $107 | $110 |
| ▁▂▃▃▄▆██ | Gross Loans ($M) | $597 | $612 | $623 | $625 | $632 | $652 | $664 | $672 |
| ▁▂▇█▅▁▅▅ | Total Deposits ($M) | $762 | $772 | $807 | $819 | $793 | $761 | $794 | $795 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 12% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 2% |