Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.39 | 0.98% |
| Return on Equity (%) | ▲ | 18.31% | +2.89 | 15.42% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.42 | 3.15% |
| Efficiency Ratio (%) | ▲ | 59.86% | -7.43 | 67.29% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.78 | $2 |
| Cost of Funds (%) | ▲ | 2.21% | -0.26 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $813 | -27.04 | $840 |
| Gross Loans ($M) | ▼ | $659 | -9.92 | $669 |
| Loan Growth YoY (%) | ▲ | 92.81% | +1.84 | 90.98% |
| Total Deposits ($M) | ▼ | $697 | -25.96 | $723 |
| Shareholders Equity ($M) | ▲ | $64 | +9.26 | $54 |
| Tang. Book Value ($M) | ▲ | $63 | +9.33 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +8.60 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 92.81% | +1.84 | 90.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.46% | +0.04 | 0.42% |
| Allowance / Loans (%) | — | 1.89% | 0.16% | 1.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.57% | +0.04 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.12 | 10.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 2.88% | 2.93% | 3.08% | 3.15% | 3.23% | 3.28% | 3.48% | 3.57% |
| ▁▁▃▄▅▆██ | Return on Assets (%) | 0.72% | 0.79% | 0.96% | 0.98% | 1.11% | 1.18% | 1.37% | 1.36% |
| ██▅▅▃▂▁▁ | Efficiency Ratio (%) | 74.3% | 73.0% | 67.1% | 67.3% | 64.0% | 62.2% | 58.7% | 59.9% |
| █▆▅▇▇▅▁▁ | Cost of Funds (%) | 2.52% | 2.40% | 2.36% | 2.47% | 2.44% | 2.39% | 2.18% | 2.21% |
| ▄▆▂▁█▅▂▂ | NPA / Assets (%) | 0.51% | 0.56% | 0.45% | 0.42% | 0.62% | 0.53% | 0.46% | 0.46% |
| ▅▆▂▁█▅▂▂ | Net Charge-Off Ratio (%) | 0.67% | 0.71% | 0.57% | 0.53% | 0.78% | 0.66% | 0.57% | 0.57% |
| ▂▁▂▃▆▇██ | Tang. Book Value ($M) | $53 | $50 | $53 | $54 | $59 | $61 | $62 | $63 |
| ▁▃▅▆███▅ | Gross Loans ($M) | $607 | $637 | $659 | $669 | $696 | $686 | $690 | $659 |
| ▁▁▁▄█▃▅▂ | Total Deposits ($M) | $675 | $680 | $683 | $723 | $774 | $711 | $733 | $697 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |