Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.31% | +0.26 | 1.05% |
| Return on Equity (%) | ▲ | 9.47% | +0.98 | 8.49% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.15 | 3.27% |
| Efficiency Ratio (%) | ▲ | 49.48% | -8.16 | 57.65% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.72 | $4 |
| Cost of Funds (%) | ▲ | 2.49% | -0.17 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $899 | -39.84 | $939 |
| Gross Loans ($M) | ▼ | $783 | -43.31 | $827 |
| Loan Growth YoY (%) | ▼ | 101.35% | -0.86 | 102.21% |
| Total Deposits ($M) | ▼ | $762 | -36.74 | $798 |
| Shareholders Equity ($M) | ▲ | $131 | +13.02 | $118 |
| Tang. Book Value ($M) | ▲ | $130 | +13.17 | $116 |
| Loan / Deposit Ratio (%) | ▼ | 101.35% | -0.86 | 102.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.51% | +0.08 | 0.43% |
| Allowance / Loans (%) | — | 1.43% | 0.17% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.09 | 0.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.34% | +2.74 | 18.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▄▇█▄█ | Net Interest Margin (%) | 3.25% | 3.21% | 3.13% | 3.27% | 3.37% | 3.39% | 3.26% | 3.42% |
| ▁▁▁▃▅▆▆█ | Return on Assets (%) | 0.94% | 0.94% | 0.92% | 1.05% | 1.13% | 1.17% | 1.19% | 1.31% |
| ▆▅█▆▄▂▂▁ | Efficiency Ratio (%) | 56.5% | 56.2% | 60.6% | 57.6% | 54.7% | 52.0% | 51.2% | 49.5% |
| ██▆▃▄▃▃▁ | Cost of Funds (%) | 3.15% | 3.11% | 2.92% | 2.66% | 2.76% | 2.70% | 2.69% | 2.49% |
| ▂▁▁▆▅█▅█ | NPA / Assets (%) | 0.31% | 0.30% | 0.28% | 0.43% | 0.41% | 0.48% | 0.41% | 0.51% |
| ▂▁▁▆▅█▅█ | Net Charge-Off Ratio (%) | 0.36% | 0.35% | 0.32% | 0.49% | 0.46% | 0.57% | 0.48% | 0.58% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $107 | $110 | $112 | $116 | $120 | $123 | $126 | $130 |
| ▁▂▄█▇▄▄▂ | Gross Loans ($M) | $772 | $783 | $799 | $827 | $816 | $799 | $794 | $783 |
| ▃▅▆▅▅█▄▁ | Total Deposits ($M) | $778 | $795 | $802 | $798 | $795 | $822 | $790 | $762 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 34% |