Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.94% | -0.07 | 1.00% |
| Return on Equity (%) | ▲ | 9.52% | +0.24 | 9.28% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.15 | 3.28% |
| Efficiency Ratio (%) | ▼ | 60.66% | +2.88 | 57.77% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.06 | $4 |
| Cost of Funds (%) | ▲ | 2.86% | -0.05 | 2.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,079 | +132.53 | $946 |
| Gross Loans ($M) | ▲ | $914 | +116.09 | $798 |
| Loan Growth YoY (%) | ▲ | 99.65% | +1.23 | 98.42% |
| Total Deposits ($M) | ▲ | $906 | +105.78 | $800 |
| Shareholders Equity ($M) | ▲ | $107 | +4.86 | $102 |
| Tang. Book Value ($M) | ▲ | $107 | +4.86 | $102 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +6.92 | $105 |
| Loan / Deposit Ratio (%) | ▲ | 99.65% | +1.23 | 98.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.33 | 0.55% |
| Allowance / Loans (%) | — | 1.25% | -0.07% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.41 | 0.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.00% | -1.01 | 12.01% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅█▇ | Net Interest Margin (%) | 3.14% | 3.15% | 3.14% | 3.28% | 3.36% | 3.32% | 3.49% | 3.43% |
| ██▅▇█▁▅▆ | Return on Assets (%) | 1.07% | 1.07% | 0.91% | 1.00% | 1.05% | 0.65% | 0.89% | 0.94% |
| ▁▁▇▅▅███ | Efficiency Ratio (%) | 54.2% | 54.7% | 60.3% | 57.8% | 58.4% | 60.5% | 61.3% | 60.7% |
| █▇▄▄▆▁▃▃ | Cost of Funds (%) | 3.12% | 3.07% | 2.90% | 2.92% | 3.02% | 2.76% | 2.87% | 2.86% |
| █▅▅▄▆▄▁▁ | NPA / Assets (%) | 0.89% | 0.59% | 0.56% | 0.55% | 0.71% | 0.50% | 0.22% | 0.21% |
| █▅▄▄▆▄▁▁ | Net Charge-Off Ratio (%) | 1.10% | 0.70% | 0.66% | 0.65% | 0.84% | 0.60% | 0.25% | 0.24% |
| ▁▁▂▄▆▅▆█ | Tang. Book Value ($M) | $98 | $99 | $100 | $102 | $105 | $103 | $105 | $107 |
| ▁▃▄▄▅▇██ | Gross Loans ($M) | $703 | $765 | $784 | $798 | $809 | $864 | $896 | $914 |
| ▁▂▃▄▅▇██ | Total Deposits ($M) | $719 | $751 | $787 | $800 | $832 | $898 | $924 | $906 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 32% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 28% |