Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.03 | 1.07% |
| Return on Equity (%) | ▲ | 4.85% | +0.04 | 4.81% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.03 | 3.54% |
| Efficiency Ratio (%) | ▼ | 55.40% | +0.24 | 55.15% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.38 | $3 |
| Cost of Funds (%) | ▲ | 2.27% | -0.28 | 2.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $850 | +34.52 | $815 |
| Gross Loans ($M) | ▲ | $732 | +44.24 | $688 |
| Loan Growth YoY (%) | ▲ | 111.54% | +2.35 | 109.19% |
| Total Deposits ($M) | ▲ | $647 | +26.11 | $621 |
| Shareholders Equity ($M) | ▲ | $196 | +8.79 | $187 |
| Tang. Book Value ($M) | ▲ | $196 | +8.79 | $187 |
| TBV excl. AOCI ($M)** | ▲ | $198 | +9.12 | $189 |
| Loan / Deposit Ratio (%) | ▲ | 111.54% | +2.35 | 109.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.90% | +0.69 | 0.21% |
| Allowance / Loans (%) | — | 1.47% | -0.01% | 1.48% |
| Net Charge-Off Ratio (%) | ▼ | 1.05% | +0.79 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 29.19% | -1.78 | 30.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▃▄▄█▄ | Net Interest Margin (%) | 3.63% | 3.56% | 3.46% | 3.54% | 3.59% | 3.59% | 3.74% | 3.57% |
| ██▁▂▂▁▆▃ | Return on Assets (%) | 1.34% | 1.31% | 1.06% | 1.07% | 1.07% | 1.02% | 1.23% | 1.10% |
| ▁▂████▆█ | Efficiency Ratio (%) | 46.8% | 48.2% | 55.5% | 55.2% | 54.6% | 55.1% | 52.8% | 55.4% |
| █▇▅▄▄▂▁▁ | Cost of Funds (%) | 2.89% | 2.79% | 2.59% | 2.55% | 2.57% | 2.40% | 2.31% | 2.27% |
| ▂▂▂▂▂▂▁█ | NPA / Assets (%) | 0.20% | 0.20% | 0.21% | 0.21% | 0.21% | 0.21% | 0.09% | 0.90% |
| ▂▂▂▂▂▂▁█ | Net Charge-Off Ratio (%) | 0.25% | 0.25% | 0.25% | 0.25% | 0.24% | 0.24% | 0.10% | 1.05% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $180 | $183 | $185 | $187 | $189 | $191 | $194 | $196 |
| ▄▁▁▁▆▆██ | Gross Loans ($M) | $706 | $689 | $686 | $688 | $720 | $716 | $727 | $732 |
| ▁▄▂▁▂▄█▅ | Total Deposits ($M) | $615 | $639 | $627 | $621 | $624 | $638 | $670 | $647 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 6% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 43% |