Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.28% | -0.04 | 1.33% |
| Return on Equity (%) | ▲ | 12.52% | +0.01 | 12.51% |
| Net Interest Margin (%) | ▲ | 3.11% | +0.16 | 2.96% |
| Efficiency Ratio (%) | ▲ | 46.62% | -0.70 | 47.32% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.06 | $5 |
| Cost of Funds (%) | ▲ | 2.40% | -0.09 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,112 | +94.05 | $1,018 |
| Gross Loans ($M) | ▲ | $904 | +81.58 | $823 |
| Loan Growth YoY (%) | ▼ | 97.90% | -1.21 | 99.12% |
| Total Deposits ($M) | ▲ | $915 | +92.75 | $822 |
| Shareholders Equity ($M) | ▲ | $115 | +5.18 | $110 |
| Tang. Book Value ($M) | ▲ | $115 | +5.18 | $110 |
| TBV excl. AOCI ($M)** | ▲ | $121 | +8.40 | $113 |
| Loan / Deposit Ratio (%) | ▼ | 97.90% | -1.21 | 99.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.32 | 0.35% |
| Allowance / Loans (%) | — | 0.93% | -0.00% | 0.93% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.07% | -0.47 | 12.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.76% | 2.80% | 2.92% | 2.96% | 3.01% | 3.03% | 3.08% | 3.11% |
| ▁▃▂███▇▇ | Return on Assets (%) | 0.94% | 1.06% | 1.01% | 1.33% | 1.33% | 1.37% | 1.31% | 1.28% |
| ██▄▁▂▂▁▁ | Efficiency Ratio (%) | 54.2% | 53.6% | 50.3% | 47.3% | 48.5% | 47.8% | 47.0% | 46.6% |
| ▂▅▃▄█▄▁▁ | Cost of Funds (%) | 2.43% | 2.51% | 2.45% | 2.49% | 2.61% | 2.50% | 2.42% | 2.40% |
| ████▇▂▁▁ | NPA / Assets (%) | 0.34% | 0.35% | 0.35% | 0.35% | 0.30% | 0.09% | 0.06% | 0.03% |
| █▅▃▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.40% | 0.20% | 0.10% | 0.00% | 0.04% | 0.04% | 0.04% | 0.00% |
| ▃▁▂▅▇▅▆█ | Tang. Book Value ($M) | $106 | $103 | $106 | $110 | $112 | $110 | $111 | $115 |
| ▁▁▂▂▃▄▅█ | Gross Loans ($M) | $813 | $806 | $821 | $823 | $839 | $847 | $862 | $904 |
| ▁▂▃▄▅███ | Total Deposits ($M) | $754 | $794 | $812 | $822 | $852 | $897 | $903 | $915 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 11% |