Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.07% | -0.86 | 0.93% |
| Return on Equity (%) | ▼ | 0.72% | -9.61 | 10.33% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.46 | 3.46% |
| Efficiency Ratio (%) | ▲ | 64.01% | -4.72 | 68.72% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.76 | $3 |
| Cost of Funds (%) | ▲ | 1.97% | -0.36 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $960 | -72.69 | $1,032 |
| Gross Loans ($M) | ▼ | $759 | -109.29 | $868 |
| Loan Growth YoY (%) | ▼ | 88.18% | -4.50 | 92.68% |
| Total Deposits ($M) | ▼ | $846 | -76.48 | $923 |
| Shareholders Equity ($M) | ▲ | $101 | +3.25 | $98 |
| Tang. Book Value ($M) | ▲ | $99 | +3.44 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $102 | +3.20 | $99 |
| Loan / Deposit Ratio (%) | ▼ | 88.18% | -4.50 | 92.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.16% | +0.83 | 1.33% |
| Allowance / Loans (%) | — | 1.69% | 0.18% | 1.51% |
| Net Charge-Off Ratio (%) | ▼ | 2.43% | +1.36 | 1.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.10% | +1.93 | 11.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 2.78% | 2.84% | 3.19% | 3.46% | 3.50% | 3.56% | 3.80% | 3.92% |
| ▅▁██▇▇▇▃ | Return on Assets (%) | 0.36% | -0.38% | 0.94% | 0.93% | 0.73% | 0.66% | 0.67% | 0.07% |
| ██▅▃▁▂▂▁ | Efficiency Ratio (%) | 78.1% | 76.6% | 71.5% | 68.7% | 65.0% | 67.2% | 66.8% | 64.0% |
| ██▅▄▃▃▁▁ | Cost of Funds (%) | 2.75% | 2.71% | 2.43% | 2.32% | 2.21% | 2.18% | 2.01% | 1.97% |
| █▆▃▁▅▅█▃ | NPA / Assets (%) | 3.75% | 3.02% | 2.06% | 1.33% | 2.78% | 2.72% | 3.53% | 2.16% |
| █▆▃▁▅▅█▄ | Net Charge-Off Ratio (%) | 3.95% | 3.02% | 1.96% | 1.07% | 2.76% | 2.96% | 4.15% | 2.43% |
| ▄▁▃▅▆▇██ | Tang. Book Value ($M) | $93 | $88 | $92 | $95 | $97 | $98 | $100 | $99 |
| ██▇▆▅▅▂▁ | Gross Loans ($M) | $933 | $919 | $891 | $868 | $852 | $846 | $792 | $759 |
| █▆▆▄▃▃▂▁ | Total Deposits ($M) | $1,003 | $963 | $957 | $923 | $889 | $891 | $879 | $846 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 14% |