Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.18% | -0.16 | 2.34% |
| Return on Equity (%) | ▼ | 18.73% | -2.24 | 20.97% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.10 | 4.14% |
| Efficiency Ratio (%) | ▼ | 43.04% | +2.06 | 40.97% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.08 | $6 |
| Cost of Funds (%) | ▲ | 2.43% | -0.48 | 2.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $939 | +35.77 | $903 |
| Gross Loans ($M) | ▲ | $775 | +1.97 | $773 |
| Loan Growth YoY (%) | ▼ | 91.78% | -2.95 | 94.73% |
| Total Deposits ($M) | ▲ | $828 | +28.28 | $799 |
| Shareholders Equity ($M) | ▲ | $109 | +7.35 | $101 |
| Tang. Book Value ($M) | ▲ | $109 | +7.35 | $101 |
| TBV excl. AOCI ($M)** | ▲ | $110 | +7.45 | $103 |
| Loan / Deposit Ratio (%) | ▼ | 91.78% | -2.95 | 94.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.32 | 0.45% |
| Allowance / Loans (%) | — | 1.97% | -0.06% | 2.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.38 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.34% | +0.46 | 12.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▄▇▇▇█ | Net Interest Margin (%) | 4.10% | 4.07% | 4.06% | 4.14% | 4.21% | 4.21% | 4.21% | 4.24% |
| ▄▂██▆▇▁▁ | Return on Assets (%) | 2.24% | 2.20% | 2.33% | 2.34% | 2.29% | 2.31% | 2.16% | 2.18% |
| ▂▅▃▃▁▁█▇ | Efficiency Ratio (%) | 40.7% | 41.9% | 41.1% | 41.0% | 40.1% | 40.3% | 43.6% | 43.0% |
| ██▆▅▅▄▁▁ | Cost of Funds (%) | 3.28% | 3.22% | 2.97% | 2.91% | 2.88% | 2.83% | 2.47% | 2.43% |
| ▁▂█▄▄▂▂▁ | NPA / Assets (%) | 0.15% | 0.25% | 0.92% | 0.45% | 0.51% | 0.31% | 0.25% | 0.13% |
| ▁▂█▅▅▃▂▂ | Net Charge-Off Ratio (%) | 0.03% | 0.15% | 0.94% | 0.52% | 0.56% | 0.29% | 0.25% | 0.15% |
| ▁▁▄▄▅▅██ | Tang. Book Value ($M) | $96 | $96 | $101 | $101 | $103 | $103 | $108 | $109 |
| ▁▃▆█▄▃▇█ | Gross Loans ($M) | $736 | $750 | $763 | $773 | $752 | $750 | $765 | $775 |
| ▁▃▄▅▇▅▆█ | Total Deposits ($M) | $757 | $776 | $788 | $799 | $812 | $792 | $804 | $828 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 26% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 20% |