Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.40% | -0.21 | 1.61% |
| Return on Equity (%) | ▼ | 11.72% | -1.65 | 13.37% |
| Net Interest Margin (%) | ▼ | 4.28% | -0.15 | 4.43% |
| Efficiency Ratio (%) | ▼ | 55.40% | +3.40 | 52.00% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.15 | $4 |
| Cost of Funds (%) | ▲ | 1.91% | -0.05 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $750 | +77.02 | $673 |
| Gross Loans ($M) | ▲ | $559 | +26.79 | $532 |
| Loan Growth YoY (%) | ▼ | 90.43% | -7.78 | 98.20% |
| Total Deposits ($M) | ▲ | $609 | +73.87 | $535 |
| Shareholders Equity ($M) | ▲ | $90 | +5.72 | $84 |
| Tang. Book Value ($M) | ▲ | $89 | +5.87 | $83 |
| TBV excl. AOCI ($M)** | ▲ | $93 | +5.80 | $87 |
| Loan / Deposit Ratio (%) | ▼ | 90.43% | -7.78 | 98.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.79% | +1.02 | 0.77% |
| Allowance / Loans (%) | — | 1.48% | 0.22% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 2.40% | +1.43 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.36% | -0.04 | 15.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇███▄▅ | Net Interest Margin (%) | 4.06% | 4.12% | 4.35% | 4.43% | 4.44% | 4.41% | 4.25% | 4.28% |
| ▄▄█▇██▇▁ | Return on Assets (%) | 1.52% | 1.51% | 1.63% | 1.61% | 1.66% | 1.65% | 1.59% | 1.40% |
| ▅▇▁▂▁▁▅█ | Efficiency Ratio (%) | 53.7% | 54.4% | 51.7% | 52.0% | 51.5% | 51.6% | 53.6% | 55.4% |
| █▄▁▃▄▄▃▁ | Cost of Funds (%) | 2.11% | 1.97% | 1.89% | 1.96% | 1.99% | 1.98% | 1.95% | 1.91% |
| ▁▁▂▂▃▂██ | NPA / Assets (%) | 0.64% | 0.60% | 0.89% | 0.77% | 1.03% | 0.85% | 1.84% | 1.79% |
| ▁▁▂▁▃▂██ | Net Charge-Off Ratio (%) | 0.83% | 0.78% | 1.17% | 0.98% | 1.30% | 1.11% | 2.27% | 2.40% |
| ▁▁▃▅▇▇▇█ | Tang. Book Value ($M) | $76 | $76 | $80 | $83 | $86 | $86 | $86 | $89 |
| ▁▂▂▃▅▇█▆ | Gross Loans ($M) | $502 | $518 | $515 | $532 | $553 | $566 | $586 | $559 |
| ▁▃▂▃▅█▆█ | Total Deposits ($M) | $509 | $538 | $530 | $535 | $561 | $605 | $584 | $609 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 15% |