Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.50% | -0.75 | 2.25% |
| Return on Equity (%) | ▼ | 13.43% | -7.27 | 20.70% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.27 | 4.22% |
| Efficiency Ratio (%) | ▼ | 58.34% | +6.88 | 51.46% |
| Pre-Provision Profit ($M) | ▼ | $5 | -1.90 | $7 |
| Cost of Funds (%) | ▲ | 1.95% | -0.21 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $993 | +46.57 | $946 |
| Gross Loans ($M) | ▲ | $764 | +88.37 | $675 |
| Loan Growth YoY (%) | ▲ | 86.48% | +6.35 | 80.12% |
| Total Deposits ($M) | ▲ | $869 | +39.56 | $829 |
| Shareholders Equity ($M) | ▲ | $111 | +7.27 | $104 |
| Tang. Book Value ($M) | ▲ | $105 | +7.27 | $98 |
| TBV excl. AOCI ($M)** | ▲ | $108 | +7.29 | $100 |
| Loan / Deposit Ratio (%) | ▲ | 86.48% | +6.35 | 80.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.94% | -1.15 | 2.08% |
| Allowance / Loans (%) | — | 1.62% | 0.01% | 1.61% |
| Net Charge-Off Ratio (%) | ▲ | 1.22% | -0.38 | 1.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.36% | -0.79 | 14.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▅█ | Net Interest Margin (%) | 3.99% | 4.04% | 4.01% | 4.22% | 4.30% | 4.35% | 4.27% | 4.49% |
| ▄▄▄█▃▂▃▁ | Return on Assets (%) | 1.79% | 1.81% | 1.81% | 2.25% | 1.70% | 1.67% | 1.78% | 1.50% |
| ▇▇▇▁▅▆█▆ | Efficiency Ratio (%) | 60.2% | 59.9% | 59.8% | 51.5% | 57.3% | 58.7% | 61.8% | 58.3% |
| █▇▄▃▄▂▁▁ | Cost of Funds (%) | 2.63% | 2.53% | 2.22% | 2.16% | 2.25% | 2.07% | 1.98% | 1.95% |
| ▁▇██▇▆▅▄ | NPA / Assets (%) | 0.07% | 1.78% | 1.91% | 2.08% | 1.79% | 1.38% | 1.12% | 0.94% |
| ▁██▅▅▅▅▄ | Net Charge-Off Ratio (%) | 0.10% | 2.56% | 2.72% | 1.60% | 1.45% | 1.56% | 1.51% | 1.22% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $92 | $93 | $95 | $98 | $99 | $102 | $103 | $105 |
| ▁▁▁▃▅▅▆█ | Gross Loans ($M) | $632 | $635 | $649 | $675 | $706 | $712 | $720 | $764 |
| ▁▁▂▄▄▇▆█ | Total Deposits ($M) | $808 | $802 | $811 | $829 | $834 | $854 | $848 | $869 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 13% |