Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.15 | 0.94% |
| Return on Equity (%) | ▲ | 11.76% | +1.32 | 10.44% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.11 | 4.05% |
| Efficiency Ratio (%) | ▲ | 68.21% | -3.75 | 71.97% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.57 | $4 |
| Cost of Funds (%) | ▲ | 0.99% | -0.03 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,193 | +103.63 | $1,089 |
| Gross Loans ($M) | ▲ | $670 | +45.68 | $624 |
| Loan Growth YoY (%) | ▼ | 61.37% | -1.31 | 62.68% |
| Total Deposits ($M) | ▲ | $1,074 | +95.24 | $978 |
| Shareholders Equity ($M) | ▲ | $110 | +10.23 | $100 |
| Tang. Book Value ($M) | ▲ | $110 | +10.23 | $100 |
| TBV excl. AOCI ($M)** | ▲ | $131 | +13.48 | $117 |
| Loan / Deposit Ratio (%) | ▼ | 61.37% | -1.31 | 62.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.92% | +0.05 | 0.88% |
| Allowance / Loans (%) | — | 1.63% | -0.11% | 1.74% |
| Net Charge-Off Ratio (%) | ▼ | 1.65% | +0.11 | 1.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 29.27% | -1.07 | 30.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▂▁▄██ | Net Interest Margin (%) | 4.03% | 4.01% | 4.06% | 4.05% | 4.02% | 4.07% | 4.16% | 4.15% |
| ▁▁▃▅▆▆██ | Return on Assets (%) | 0.76% | 0.72% | 0.86% | 0.94% | 0.98% | 0.97% | 1.11% | 1.09% |
| ▃▃█▆▄▄▁▁ | Efficiency Ratio (%) | 69.1% | 69.5% | 73.8% | 72.0% | 70.3% | 70.2% | 67.4% | 68.2% |
| ▇█▃▂▃▅▁▁ | Cost of Funds (%) | 1.13% | 1.15% | 1.04% | 1.02% | 1.04% | 1.07% | 0.99% | 0.99% |
| ▁█▆▇██▅█ | NPA / Assets (%) | 0.59% | 0.94% | 0.82% | 0.88% | 0.94% | 0.92% | 0.79% | 0.92% |
| ▁▇▆▇██▆█ | Net Charge-Off Ratio (%) | 1.01% | 1.57% | 1.45% | 1.53% | 1.65% | 1.62% | 1.42% | 1.65% |
| ▄▁▃▅▇▇▇█ | Tang. Book Value ($M) | $97 | $89 | $96 | $100 | $107 | $106 | $107 | $110 |
| ▁▁▁▃▆▅▆█ | Gross Loans ($M) | $600 | $603 | $607 | $624 | $648 | $643 | $646 | $670 |
| ▁▁▃▄▆▆▇█ | Total Deposits ($M) | $908 | $909 | $958 | $978 | $1,025 | $1,022 | $1,047 | $1,074 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 30% |
| Brokered / Other | 29% |