Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.19 | 0.70% |
| Return on Equity (%) | ▲ | 10.15% | +1.57 | 8.58% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.11 | 3.20% |
| Efficiency Ratio (%) | ▲ | 68.21% | -3.61 | 71.82% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.23 | $3 |
| Cost of Funds (%) | ▲ | 0.99% | -0.08 | 1.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,085 | +56.29 | $1,029 |
| Gross Loans ($M) | ▲ | $580 | +17.40 | $563 |
| Loan Growth YoY (%) | ▼ | 57.92% | -1.17 | 59.10% |
| Total Deposits ($M) | ▲ | $990 | +49.77 | $941 |
| Shareholders Equity ($M) | ▲ | $91 | +6.13 | $85 |
| Tang. Book Value ($M) | ▲ | $90 | +6.22 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $101 | +5.27 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 57.92% | -1.17 | 59.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.02 | 0.03% |
| Allowance / Loans (%) | — | 1.13% | -0.10% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.04 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.26% | +0.94 | 15.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 3.05% | 3.08% | 3.19% | 3.20% | 3.25% | 3.28% | 3.35% | 3.31% |
| ▂▁▁▂▅▄██ | Return on Assets (%) | 0.67% | 0.67% | 0.64% | 0.70% | 0.77% | 0.74% | 0.88% | 0.88% |
| ▆▅█▅▄▂▁▁ | Efficiency Ratio (%) | 72.4% | 71.6% | 74.7% | 71.8% | 70.6% | 69.2% | 67.7% | 68.2% |
| █▇▄▃▄▂▁▁ | Cost of Funds (%) | 1.28% | 1.22% | 1.13% | 1.08% | 1.12% | 1.05% | 1.02% | 0.99% |
| █▆▆▃▁▆▃▁ | NPA / Assets (%) | 0.08% | 0.05% | 0.06% | 0.03% | 0.01% | 0.05% | 0.03% | 0.01% |
| █▅▇▃▁▆▃▁ | Net Charge-Off Ratio (%) | 0.14% | 0.09% | 0.11% | 0.05% | 0.02% | 0.09% | 0.05% | 0.01% |
| ▄▁▃▅▇███ | Tang. Book Value ($M) | $82 | $76 | $81 | $84 | $88 | $90 | $90 | $90 |
| ▃▂▁▂▁▃██ | Gross Loans ($M) | $566 | $564 | $561 | $563 | $558 | $566 | $582 | $580 |
| ▁▁▂▄▂▃▄█ | Total Deposits ($M) | $903 | $897 | $911 | $941 | $918 | $924 | $933 | $990 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 8% |