Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.17 | 1.60% |
| Return on Equity (%) | ▲ | 17.97% | +2.01 | 15.96% |
| Net Interest Margin (%) | ▲ | 3.33% | +0.18 | 3.15% |
| Efficiency Ratio (%) | ▲ | 34.50% | -2.27 | 36.78% |
| Pre-Provision Profit ($M) | ▲ | $14 | +1.63 | $13 |
| Cost of Funds (%) | ▲ | 1.97% | -0.49 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,560 | +168.48 | $2,391 |
| Gross Loans ($M) | ▲ | $1,861 | +39.41 | $1,821 |
| Loan Growth YoY (%) | ▼ | 83.83% | -3.57 | 87.40% |
| Total Deposits ($M) | ▲ | $2,208 | +137.00 | $2,071 |
| Shareholders Equity ($M) | ▲ | $237 | +4.28 | $233 |
| Tang. Book Value ($M) | ▲ | $221 | +4.31 | $217 |
| TBV excl. AOCI ($M)** | ▲ | $248 | +10.29 | $237 |
| Loan / Deposit Ratio (%) | ▼ | 83.83% | -3.57 | 87.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.03 | 0.11% |
| Allowance / Loans (%) | — | 0.51% | -0.09% | 0.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.03 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.07% | +0.01 | 11.06% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▁▅▇▆█ | Net Interest Margin (%) | 3.35% | 3.30% | 3.13% | 3.15% | 3.25% | 3.30% | 3.30% | 3.33% |
| ▁▂▁▄▅▅█▇ | Return on Assets (%) | 1.36% | 1.48% | 1.38% | 1.60% | 1.63% | 1.64% | 1.89% | 1.77% |
| █▆█▆▄▃▁▂ | Efficiency Ratio (%) | 37.9% | 37.2% | 38.3% | 36.8% | 35.7% | 35.3% | 33.9% | 34.5% |
| █▇▄▄▅▃▁▁ | Cost of Funds (%) | 2.96% | 2.80% | 2.43% | 2.46% | 2.51% | 2.28% | 1.99% | 1.97% |
| ▅█▇▃▂▆▂▁ | NPA / Assets (%) | 0.12% | 0.16% | 0.15% | 0.11% | 0.10% | 0.14% | 0.09% | 0.08% |
| ▄█▇▃▂▇▂▁ | Net Charge-Off Ratio (%) | 0.15% | 0.20% | 0.19% | 0.13% | 0.13% | 0.18% | 0.12% | 0.11% |
| ▁▁▁▄▇█▅▆ | Tang. Book Value ($M) | $208 | $205 | $206 | $217 | $224 | $229 | $217 | $221 |
| ▃▁▃▇▆▂▅█ | Gross Loans ($M) | $1,722 | $1,663 | $1,723 | $1,821 | $1,796 | $1,698 | $1,770 | $1,861 |
| ▁▁▂▆▅▃▅█ | Total Deposits ($M) | $1,856 | $1,813 | $1,877 | $2,071 | $2,054 | $1,961 | $2,052 | $2,208 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 34% |
| C&I / Commercial | 43% |
| Consumer | 17% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 19% |