Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.76% | -0.34 | 2.10% |
| Return on Equity (%) | ▼ | 13.73% | -2.49 | 16.22% |
| Net Interest Margin (%) | ▼ | 4.35% | -0.17 | 4.52% |
| Efficiency Ratio (%) | ▼ | 57.44% | +4.27 | 53.17% |
| Pre-Provision Profit ($M) | ▼ | $7 | -0.43 | $8 |
| Cost of Funds (%) | ▲ | 1.99% | -0.07 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,588 | +172.83 | $1,415 |
| Gross Loans ($M) | ▲ | $1,161 | +88.08 | $1,073 |
| Loan Growth YoY (%) | ▼ | 86.67% | -4.69 | 91.36% |
| Total Deposits ($M) | ▲ | $1,325 | +164.95 | $1,160 |
| Shareholders Equity ($M) | ▲ | $204 | +16.34 | $187 |
| Tang. Book Value ($M) | ▲ | $198 | +16.80 | $181 |
| TBV excl. AOCI ($M)** | ▲ | $201 | +16.91 | $184 |
| Loan / Deposit Ratio (%) | ▼ | 86.67% | -4.69 | 91.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.05 | 0.15% |
| Allowance / Loans (%) | — | 1.09% | -0.13% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.04 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.47% | +0.26 | 15.21% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▁▇██▁▂ | Net Interest Margin (%) | 4.34% | 4.42% | 4.34% | 4.52% | 4.58% | 4.58% | 4.31% | 4.35% |
| ▂▁█▇█▇▄▃ | Return on Assets (%) | 1.70% | 1.59% | 2.19% | 2.10% | 2.16% | 2.11% | 1.87% | 1.76% |
| ▄█▁▃▄▆▆█ | Efficiency Ratio (%) | 54.1% | 56.6% | 50.9% | 53.2% | 53.4% | 55.3% | 55.3% | 57.4% |
| ██▅▃▁▁▁▁ | Cost of Funds (%) | 2.18% | 2.18% | 2.10% | 2.06% | 2.00% | 1.99% | 1.98% | 1.99% |
| █▁▁▃▄▅▅▆ | NPA / Assets (%) | 0.26% | 0.10% | 0.09% | 0.15% | 0.16% | 0.19% | 0.18% | 0.20% |
| █▂▁▄▅▆▆▅ | Net Charge-Off Ratio (%) | 0.30% | 0.14% | 0.12% | 0.19% | 0.21% | 0.26% | 0.24% | 0.23% |
| ▁▂▃▄▆▇▇█ | Tang. Book Value ($M) | $169 | $173 | $176 | $181 | $187 | $194 | $192 | $198 |
| ▁▁▁▃▅▆▅█ | Gross Loans ($M) | $1,043 | $1,044 | $1,042 | $1,073 | $1,114 | $1,131 | $1,112 | $1,161 |
| ▁▁▂▁▄▆██ | Total Deposits ($M) | $1,150 | $1,166 | $1,184 | $1,160 | $1,222 | $1,260 | $1,313 | $1,325 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 17% |