Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.92% | -0.03 | 1.95% |
| Return on Equity (%) | ▼ | 17.55% | -1.42 | 18.97% |
| Net Interest Margin (%) | ▼ | 4.65% | -0.03 | 4.68% |
| Efficiency Ratio (%) | ▲ | 45.85% | -0.68 | 46.53% |
| Pre-Provision Profit ($M) | ▲ | $11 | +1.41 | $10 |
| Cost of Funds (%) | ▲ | 1.50% | -0.11 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,602 | +192.68 | $1,409 |
| Gross Loans ($M) | ▲ | $1,319 | +184.10 | $1,135 |
| Loan Growth YoY (%) | ▲ | 97.97% | +6.83 | 91.14% |
| Total Deposits ($M) | ▲ | $1,327 | +99.79 | $1,227 |
| Shareholders Equity ($M) | ▲ | $175 | +27.74 | $147 |
| Tang. Book Value ($M) | ▲ | $174 | +28.67 | $145 |
| TBV excl. AOCI ($M)** | ▲ | $180 | +28.61 | $151 |
| Loan / Deposit Ratio (%) | ▲ | 97.97% | +6.83 | 91.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.23% | +0.76 | 0.47% |
| Allowance / Loans (%) | — | 1.45% | -0.01% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 1.48% | +0.90 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.63% | -0.17 | 14.80% |
Noninterest income ($2.72M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇███▇▇ | Net Interest Margin (%) | 4.21% | 4.29% | 4.61% | 4.68% | 4.69% | 4.72% | 4.63% | 4.65% |
| ▁▂▇███▇▇ | Return on Assets (%) | 1.51% | 1.63% | 1.89% | 1.95% | 1.97% | 1.98% | 1.87% | 1.92% |
| ██▃▁▁▂▂▁ | Efficiency Ratio (%) | 52.8% | 52.1% | 47.9% | 46.5% | 45.7% | 46.7% | 47.1% | 45.8% |
| █▆▃▂▃▃▁▁ | Cost of Funds (%) | 2.11% | 1.93% | 1.64% | 1.61% | 1.64% | 1.63% | 1.46% | 1.50% |
| ▁▁▁▂▂▃▆█ | NPA / Assets (%) | 0.34% | 0.42% | 0.44% | 0.47% | 0.54% | 0.63% | 0.93% | 1.23% |
| ▁▁▁▂▂▃▆█ | Net Charge-Off Ratio (%) | 0.43% | 0.51% | 0.54% | 0.59% | 0.64% | 0.74% | 1.12% | 1.48% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $129 | $132 | $140 | $145 | $154 | $160 | $166 | $174 |
| ▁▁▂▂▄▅▇█ | Gross Loans ($M) | $1,077 | $1,092 | $1,109 | $1,135 | $1,198 | $1,214 | $1,262 | $1,319 |
| ▁▂▃▄▅▆██ | Total Deposits ($M) | $1,145 | $1,173 | $1,195 | $1,227 | $1,253 | $1,261 | $1,306 | $1,327 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |