Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.02 | 1.83% |
| Return on Equity (%) | ▼ | 20.54% | -0.66 | 21.20% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.10 | 4.39% |
| Efficiency Ratio (%) | ▲ | 58.30% | -1.32 | 59.62% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.46 | $3 |
| Cost of Funds (%) | ▲ | 1.28% | -0.15 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $782 | +63.36 | $718 |
| Gross Loans ($M) | ▲ | $539 | +14.02 | $525 |
| Loan Growth YoY (%) | ▼ | 75.20% | -4.18 | 79.38% |
| Total Deposits ($M) | ▲ | $707 | +55.23 | $652 |
| Shareholders Equity ($M) | ▲ | $71 | +7.96 | $63 |
| Tang. Book Value ($M) | ▲ | $71 | +7.96 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +9.52 | $69 |
| Loan / Deposit Ratio (%) | ▼ | 75.20% | -4.18 | 79.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.16 | 0.22% |
| Allowance / Loans (%) | — | 1.42% | -0.09% | 1.51% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.30 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.18% | +0.37 | 13.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▆▆▇█ | Net Interest Margin (%) | 4.19% | 4.25% | 4.32% | 4.39% | 4.40% | 4.41% | 4.41% | 4.49% |
| ▁▃▇█████ | Return on Assets (%) | 1.56% | 1.64% | 1.81% | 1.83% | 1.83% | 1.84% | 1.86% | 1.85% |
| █▇▃▃▂▂▁▁ | Efficiency Ratio (%) | 63.9% | 62.5% | 59.7% | 59.6% | 59.3% | 58.6% | 57.8% | 58.3% |
| █▆▃█▇▅▁▂ | Cost of Funds (%) | 1.45% | 1.39% | 1.31% | 1.43% | 1.41% | 1.36% | 1.24% | 1.28% |
| ▁▂▁▂▂▃▃█ | NPA / Assets (%) | 0.19% | 0.20% | 0.18% | 0.22% | 0.22% | 0.25% | 0.23% | 0.37% |
| ▁▁▁▁▁▃▃█ | Net Charge-Off Ratio (%) | 0.23% | 0.25% | 0.23% | 0.24% | 0.25% | 0.33% | 0.34% | 0.54% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $59 | $58 | $61 | $63 | $67 | $68 | $69 | $71 |
| ▆▁▂▁▆█▆█ | Gross Loans ($M) | $535 | $526 | $528 | $525 | $534 | $539 | $534 | $539 |
| ▁▁▄▄▄▅██ | Total Deposits ($M) | $594 | $606 | $655 | $652 | $653 | $672 | $719 | $707 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 14% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |