Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.01% | -0.18 | 0.20% |
| Return on Equity (%) | ▼ | 0.11% | -1.56 | 1.67% |
| Net Interest Margin (%) | ▼ | 3.00% | -0.19 | 3.19% |
| Efficiency Ratio (%) | ▲ | 88.71% | -4.97 | 93.69% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.73 | $2 |
| Cost of Funds (%) | ▲ | 2.08% | -0.16 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,310 | -227.65 | $2,538 |
| Gross Loans ($M) | ▼ | $1,853 | -137.50 | $1,991 |
| Loan Growth YoY (%) | ▲ | 96.82% | +0.53 | 96.30% |
| Total Deposits ($M) | ▼ | $1,892 | -153.20 | $2,045 |
| Shareholders Equity ($M) | ▼ | $246 | -67.85 | $314 |
| Tang. Book Value ($M) | ▼ | $244 | -66.54 | $310 |
| TBV excl. AOCI ($M)** | ▼ | $259 | -67.08 | $327 |
| Loan / Deposit Ratio (%) | ▲ | 96.82% | +0.53 | 96.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.41% | +0.46 | 0.95% |
| Allowance / Loans (%) | — | 1.19% | 0.09% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 1.68% | +0.47 | 1.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.10% | -2.75 | 17.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅██▂▂ | Net Interest Margin (%) | 2.92% | 2.94% | 3.07% | 3.19% | 3.36% | 3.31% | 3.00% | 3.00% |
| ▁▁▄▅██▅▃ | Return on Assets (%) | -0.22% | -0.21% | 0.07% | 0.20% | 0.42% | 0.50% | 0.19% | 0.01% |
| ██▅▃▁▁▃▂ | Efficiency Ratio (%) | 108.2% | 108.7% | 97.6% | 93.7% | 87.6% | 85.4% | 94.0% | 88.7% |
| ██▄▃▃▂▁▁ | Cost of Funds (%) | 2.68% | 2.66% | 2.34% | 2.25% | 2.25% | 2.17% | 2.04% | 2.08% |
| ▃▁▁▁▄▂▁█ | NPA / Assets (%) | 1.10% | 0.95% | 0.94% | 0.95% | 1.15% | 1.05% | 0.93% | 1.41% |
| ▅▁▁▂▆▂▁█ | Net Charge-Off Ratio (%) | 1.46% | 1.19% | 1.19% | 1.22% | 1.48% | 1.26% | 1.15% | 1.68% |
| ▅▆▇▇█▆▁▁ | Tang. Book Value ($M) | $293 | $303 | $308 | $310 | $323 | $299 | $245 | $244 |
| █▇▆▄▂▂▁▁ | Gross Loans ($M) | $2,202 | $2,143 | $2,083 | $1,991 | $1,926 | $1,880 | $1,834 | $1,853 |
| █▆▅▃▂▁▂▁ | Total Deposits ($M) | $2,388 | $2,221 | $2,176 | $2,045 | $1,973 | $1,935 | $1,974 | $1,892 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 19% |