Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.12 | 0.92% |
| Return on Equity (%) | ▲ | 11.35% | +0.06 | 11.29% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.21 | 3.08% |
| Efficiency Ratio (%) | ▲ | 56.02% | -2.81 | 58.83% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.44 | $3 |
| Cost of Funds (%) | ▲ | 2.68% | -0.41 | 3.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $924 | +34.24 | $890 |
| Gross Loans ($M) | ▲ | $745 | +19.00 | $726 |
| Loan Growth YoY (%) | ▼ | 92.28% | -0.92 | 93.20% |
| Total Deposits ($M) | ▲ | $800 | +27.49 | $773 |
| Shareholders Equity ($M) | ▲ | $84 | +10.10 | $74 |
| Tang. Book Value ($M) | ▲ | $84 | +10.10 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $89 | +10.36 | $79 |
| Loan / Deposit Ratio (%) | ▼ | 92.28% | -0.92 | 93.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.00% | +0.80 | 0.20% |
| Allowance / Loans (%) | — | 0.97% | 0.07% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 1.22% | +0.98 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.44% | +0.82 | 10.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇██ | Net Interest Margin (%) | 2.91% | 2.95% | 3.00% | 3.08% | 3.16% | 3.22% | 3.26% | 3.29% |
| ▁▁▃▅▇█▇█ | Return on Assets (%) | 0.76% | 0.77% | 0.86% | 0.92% | 0.98% | 1.05% | 1.01% | 1.04% |
| ██▆▄▂▁▂▂ | Efficiency Ratio (%) | 62.7% | 62.9% | 60.3% | 58.8% | 56.7% | 54.9% | 56.9% | 56.0% |
| ██▇▇▆▅▁▁ | Cost of Funds (%) | 3.19% | 3.16% | 3.10% | 3.09% | 3.06% | 2.95% | 2.68% | 2.68% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.28% | 0.24% | 0.19% | 0.20% | 0.27% | 0.22% | 1.02% | 1.00% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.35% | 0.30% | 0.24% | 0.24% | 0.34% | 0.27% | 1.22% | 1.22% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $69 | $69 | $72 | $74 | $77 | $80 | $82 | $84 |
| ▁▄▆▆▃▄▇█ | Gross Loans ($M) | $677 | $706 | $723 | $726 | $701 | $708 | $733 | $745 |
| ▁▃▆▆▆▄▅█ | Total Deposits ($M) | $719 | $745 | $777 | $773 | $773 | $758 | $766 | $800 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 20% |