Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.18 | 0.54% |
| Return on Equity (%) | ▲ | 8.43% | +1.78 | 6.65% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.09 | 3.28% |
| Efficiency Ratio (%) | ▲ | 75.91% | -4.98 | 80.89% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.08 | $2 |
| Cost of Funds (%) | ▼ | 1.71% | +0.05 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,353 | +83.38 | $1,270 |
| Gross Loans ($M) | ▲ | $1,060 | +36.55 | $1,023 |
| Loan Growth YoY (%) | ▲ | 94.37% | +6.29 | 88.08% |
| Total Deposits ($M) | ▼ | $1,113 | -38.53 | $1,151 |
| Shareholders Equity ($M) | ▲ | $116 | +9.86 | $107 |
| Tang. Book Value ($M) | ▲ | $116 | +9.86 | $107 |
| TBV excl. AOCI ($M)** | ▲ | $125 | +10.19 | $115 |
| Loan / Deposit Ratio (%) | ▲ | 94.37% | +6.29 | 88.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.38% | -0.09 | 0.47% |
| Allowance / Loans (%) | — | 0.93% | 0.01% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -0.09 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.04% | +0.20 | 11.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇▇▇█▇ | Net Interest Margin (%) | 2.20% | 2.39% | 3.12% | 3.28% | 3.35% | 3.40% | 3.59% | 3.37% |
| ▁▁▆▇▆▇██ | Return on Assets (%) | -0.17% | -0.06% | 0.43% | 0.54% | 0.53% | 0.60% | 0.76% | 0.71% |
| █▇▃▂▂▁▁▁ | Efficiency Ratio (%) | 105.6% | 99.6% | 83.0% | 80.9% | 80.0% | 77.2% | 74.2% | 75.9% |
| █▃▂▂▁▁▁▂ | Cost of Funds (%) | 2.43% | 1.81% | 1.61% | 1.66% | 1.53% | 1.48% | 1.51% | 1.71% |
| ▆▄▂█▁▁▄▆ | NPA / Assets (%) | 0.38% | 0.32% | 0.28% | 0.47% | 0.25% | 0.23% | 0.32% | 0.38% |
| ▆▄▂█▁▁▄▆ | Net Charge-Off Ratio (%) | 0.50% | 0.41% | 0.35% | 0.58% | 0.32% | 0.29% | 0.40% | 0.49% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $102 | $102 | $104 | $107 | $109 | $112 | $114 | $116 |
| ▁▂▆▁▆██▆ | Gross Loans ($M) | $1,016 | $1,030 | $1,063 | $1,023 | $1,060 | $1,080 | $1,073 | $1,060 |
| ▇▆█▅▇▁▁▃ | Total Deposits ($M) | $1,175 | $1,167 | $1,197 | $1,151 | $1,174 | $1,082 | $1,076 | $1,113 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 10% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 12% |