Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.06 | 1.63% |
| Return on Equity (%) | ▲ | 10.19% | +0.13 | 10.06% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.07 | 3.32% |
| Efficiency Ratio (%) | ▲ | 29.04% | -1.44 | 30.48% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.28 | $8 |
| Cost of Funds (%) | ▼ | 1.70% | +0.08 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,449 | +52.31 | $1,397 |
| Gross Loans ($M) | ▲ | $1,242 | +32.89 | $1,209 |
| Loan Growth YoY (%) | ▲ | 131.44% | +1.49 | 129.95% |
| Total Deposits ($M) | ▲ | $942 | +14.39 | $928 |
| Shareholders Equity ($M) | ▲ | $242 | +13.17 | $229 |
| Tang. Book Value ($M) | ▲ | $242 | +13.17 | $229 |
| Loan / Deposit Ratio (%) | ▲ | 131.44% | +1.49 | 129.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.31% | 0.00% | 0.30% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 27.47% | -0.98 | 28.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▃▃█▇ | Net Interest Margin (%) | 3.24% | 3.24% | 3.33% | 3.32% | 3.30% | 3.29% | 3.43% | 3.39% |
| ▅▃▁▃▂▁█▆ | Return on Assets (%) | 1.67% | 1.64% | 1.60% | 1.63% | 1.62% | 1.59% | 1.74% | 1.69% |
| ▃▃█▆▆█▁▃ | Efficiency Ratio (%) | 28.8% | 29.1% | 31.4% | 30.5% | 30.2% | 31.4% | 27.8% | 29.0% |
| ▆▂▁▃██▃█ | Cost of Funds (%) | 1.67% | 1.60% | 1.58% | 1.62% | 1.70% | 1.70% | 1.62% | 1.70% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $220 | $223 | $226 | $229 | $232 | $235 | $239 | $242 |
| ▆█▄▁▁█▇█ | Gross Loans ($M) | $1,232 | $1,243 | $1,226 | $1,209 | $1,212 | $1,241 | $1,235 | $1,242 |
| ▁▇█▅████ | Total Deposits ($M) | $909 | $934 | $941 | $928 | $938 | $939 | $941 | $942 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 30% |