Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.14 | 1.11% |
| Return on Equity (%) | ▲ | 10.95% | +0.85 | 10.10% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.32 | 3.47% |
| Efficiency Ratio (%) | ▲ | 52.01% | -4.46 | 56.48% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.12 | $4 |
| Cost of Funds (%) | ▲ | 2.24% | -0.13 | 2.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,048 | +60.76 | $987 |
| Gross Loans ($M) | ▲ | $888 | +44.25 | $844 |
| Loan Growth YoY (%) | ▲ | 102.25% | +0.99 | 101.26% |
| Total Deposits ($M) | ▲ | $860 | +34.86 | $826 |
| Shareholders Equity ($M) | ▲ | $123 | +9.94 | $113 |
| Tang. Book Value ($M) | ▲ | $122 | +9.75 | $112 |
| TBV excl. AOCI ($M)** | ▲ | $127 | +10.41 | $117 |
| Loan / Deposit Ratio (%) | ▲ | 102.25% | +0.99 | 101.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.28 | 0.31% |
| Allowance / Loans (%) | — | 0.96% | 0.00% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.07 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.89% | +0.25 | 14.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 3.16% | 3.18% | 3.41% | 3.47% | 3.51% | 3.55% | 3.76% | 3.78% |
| ▁▁▆▅▄▆██ | Return on Assets (%) | 0.95% | 0.94% | 1.13% | 1.11% | 1.09% | 1.14% | 1.23% | 1.25% |
| ██▄▄▄▃▁▁ | Efficiency Ratio (%) | 61.6% | 61.7% | 56.5% | 56.5% | 56.1% | 55.2% | 52.5% | 52.0% |
| █▁▃▇▇▂▁▃ | Cost of Funds (%) | 2.43% | 2.18% | 2.22% | 2.36% | 2.37% | 2.19% | 2.15% | 2.24% |
| █▆▅▆▅▁▁▁ | NPA / Assets (%) | 0.42% | 0.29% | 0.26% | 0.31% | 0.26% | 0.03% | 0.03% | 0.03% |
| ▂▃▁█▄▃▂▃ | Net Charge-Off Ratio (%) | 0.03% | 0.04% | 0.01% | 0.11% | 0.05% | 0.04% | 0.03% | 0.04% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $106 | $108 | $110 | $112 | $115 | $117 | $119 | $122 |
| ▁▂▃▅▆███ | Gross Loans ($M) | $780 | $805 | $809 | $844 | $857 | $876 | $878 | $888 |
| ▁▆▆▃▂▇█▆ | Total Deposits ($M) | $803 | $855 | $864 | $826 | $819 | $865 | $885 | $860 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |