Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.11 | 1.09% |
| Return on Equity (%) | ▲ | 11.52% | +0.92 | 10.60% |
| Net Interest Margin (%) | ▲ | 2.94% | +0.03 | 2.92% |
| Efficiency Ratio (%) | ▲ | 47.75% | -3.76 | 51.52% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.15 | $5 |
| Cost of Funds (%) | ▲ | 1.58% | -0.10 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,196 | +15.36 | $1,181 |
| Gross Loans ($M) | ▼ | $780 | -31.45 | $811 |
| Loan Growth YoY (%) | ▼ | 72.87% | -4.49 | 77.36% |
| Total Deposits ($M) | ▲ | $1,056 | +22.10 | $1,034 |
| Shareholders Equity ($M) | ▼ | $129 | -5.58 | $135 |
| Tang. Book Value ($M) | ▼ | $126 | -5.58 | $132 |
| TBV excl. AOCI ($M)** | ▼ | $137 | -2.75 | $140 |
| Loan / Deposit Ratio (%) | ▼ | 72.87% | -4.49 | 77.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.80% | +0.07 | 0.73% |
| Allowance / Loans (%) | — | 1.32% | -0.10% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 1.23% | +0.17 | 1.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.46% | -0.37 | 16.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▄▁▃█▅▁▄ | Net Interest Margin (%) | 3.00% | 2.94% | 2.84% | 2.92% | 3.06% | 2.96% | 2.84% | 2.94% |
| ██▁▃▄▄▇█ | Return on Assets (%) | 1.19% | 1.20% | 1.03% | 1.09% | 1.10% | 1.10% | 1.17% | 1.20% |
| ▄▄█▇█▇▁▂ | Efficiency Ratio (%) | 49.4% | 48.9% | 53.0% | 51.5% | 53.3% | 51.9% | 46.1% | 47.8% |
| █▃▅▆▇▁▄▅ | Cost of Funds (%) | 1.86% | 1.41% | 1.58% | 1.68% | 1.77% | 1.22% | 1.50% | 1.58% |
| ▂▁▄▆▇▃██ | NPA / Assets (%) | 0.48% | 0.43% | 0.63% | 0.73% | 0.76% | 0.56% | 0.84% | 0.80% |
| ▁▁▃▅▅▄█▇ | Net Charge-Off Ratio (%) | 0.76% | 0.80% | 0.91% | 1.06% | 1.06% | 1.04% | 1.34% | 1.23% |
| ▂▁▃▅▆██▂ | Tang. Book Value ($M) | $126 | $124 | $128 | $132 | $132 | $137 | $136 | $126 |
| ▁▆▇██▆▄▄ | Gross Loans ($M) | $752 | $793 | $802 | $811 | $809 | $796 | $776 | $780 |
| ▂█▁▂▁█▃▂ | Total Deposits ($M) | $1,033 | $1,350 | $1,007 | $1,034 | $978 | $1,333 | $1,092 | $1,056 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 13% |
| Consumer | 7% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 5% |