Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.97% | -0.03 | 2.00% |
| Return on Equity (%) | ▼ | 57.25% | -15.10 | 72.35% |
| Net Interest Margin (%) | ▼ | 3.53% | -0.08 | 3.61% |
| Efficiency Ratio (%) | ▼ | 47.26% | +0.41 | 46.85% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.21 | $5 |
| Cost of Funds (%) | ▼ | 1.45% | +0.01 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,031 | +39.98 | $991 |
| Gross Loans ($M) | ▲ | $537 | +37.06 | $500 |
| Loan Growth YoY (%) | ▲ | 53.70% | +2.04 | 51.66% |
| Total Deposits ($M) | ▲ | $992 | +32.31 | $960 |
| Shareholders Equity ($M) | ▲ | $37 | +7.31 | $30 |
| Tang. Book Value ($M) | ▲ | $37 | +7.31 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +7.81 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 53.70% | +2.04 | 51.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.07 | 0.21% |
| Allowance / Loans (%) | — | 0.73% | -0.03% | 0.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.45% | +0.04 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.94% | +0.03 | 14.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▇▇██▁▃ | Net Interest Margin (%) | 3.62% | 3.61% | 3.60% | 3.61% | 3.63% | 3.64% | 3.46% | 3.53% |
| █▆▄▅▆▇▁▃ | Return on Assets (%) | 2.05% | 2.02% | 1.97% | 2.00% | 2.01% | 2.02% | 1.92% | 1.97% |
| ▁▃▇▅▆▅█▇ | Efficiency Ratio (%) | 45.8% | 46.4% | 47.4% | 46.9% | 47.1% | 46.7% | 47.6% | 47.3% |
| █▆▃▄▇▁▄▄ | Cost of Funds (%) | 1.56% | 1.50% | 1.42% | 1.44% | 1.51% | 1.35% | 1.44% | 1.45% |
| █▁▁▁▂▃▄▃ | NPA / Assets (%) | 0.45% | 0.19% | 0.17% | 0.21% | 0.23% | 0.27% | 0.29% | 0.27% |
| █▁▁▂▂▃▃▂ | Net Charge-Off Ratio (%) | 0.88% | 0.39% | 0.34% | 0.41% | 0.42% | 0.53% | 0.52% | 0.45% |
| ▆▁▄▅█▆██ | Tang. Book Value ($M) | $33 | $22 | $29 | $30 | $36 | $33 | $37 | $37 |
| ▁▂▄▅▅▇▇█ | Gross Loans ($M) | $458 | $469 | $488 | $500 | $505 | $519 | $524 | $537 |
| ▁▄▃▅▄█▆▆ | Total Deposits ($M) | $869 | $933 | $930 | $960 | $933 | $1,036 | $983 | $992 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |