Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.79% | +0.11 | 1.68% |
| Return on Equity (%) | ▲ | 20.33% | +3.30 | 17.03% |
| Net Interest Margin (%) | ▼ | 4.14% | -0.36 | 4.50% |
| Efficiency Ratio (%) | ▲ | 56.82% | -1.37 | 58.19% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.56 | $6 |
| Cost of Funds (%) | ▼ | 1.48% | +0.34 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,518 | +280.29 | $1,238 |
| Gross Loans ($M) | ▲ | $955 | +29.91 | $925 |
| Loan Growth YoY (%) | ▼ | 68.69% | -13.84 | 82.53% |
| Total Deposits ($M) | ▲ | $1,378 | +266.38 | $1,112 |
| Shareholders Equity ($M) | ▲ | $135 | +13.34 | $122 |
| Tang. Book Value ($M) | ▲ | $116 | +13.68 | $103 |
| TBV excl. AOCI ($M)** | ▲ | $126 | +16.03 | $110 |
| Loan / Deposit Ratio (%) | ▼ | 68.69% | -13.84 | 82.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.27 | 0.63% |
| Allowance / Loans (%) | — | 0.86% | 0.06% | 0.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.14 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.34% | +0.11 | 11.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▇███▁▃ | Net Interest Margin (%) | 3.97% | 4.18% | 4.40% | 4.50% | 4.47% | 4.47% | 3.99% | 4.14% |
| ▂▁▅▇█▇██ | Return on Assets (%) | 1.37% | 1.24% | 1.53% | 1.68% | 1.78% | 1.71% | 1.77% | 1.79% |
| ██▆▅▃▆▁▄ | Efficiency Ratio (%) | 61.4% | 61.9% | 59.2% | 58.2% | 56.3% | 58.8% | 53.3% | 56.8% |
| ▁▄▄▂▆█▆█ | Cost of Funds (%) | 1.08% | 1.25% | 1.23% | 1.14% | 1.38% | 1.43% | 1.35% | 1.48% |
| ▂██▆▄▃▁▁ | NPA / Assets (%) | 0.46% | 0.78% | 0.77% | 0.63% | 0.52% | 0.47% | 0.40% | 0.36% |
| ▄██▂▂▂▁▁ | Net Charge-Off Ratio (%) | 0.62% | 1.00% | 0.97% | 0.43% | 0.40% | 0.39% | 0.30% | 0.29% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $95 | $95 | $99 | $103 | $107 | $110 | $113 | $116 |
| ▁▂▂▅▅▇▅█ | Gross Loans ($M) | $876 | $892 | $891 | $925 | $917 | $936 | $924 | $955 |
| ▁▁▁▂▅▆██ | Total Deposits ($M) | $1,056 | $1,062 | $1,054 | $1,112 | $1,241 | $1,295 | $1,422 | $1,378 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 21% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 2% |