Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.45% | -0.24 | 0.69% |
| Return on Equity (%) | ▼ | 4.55% | -2.80 | 7.35% |
| Net Interest Margin (%) | ▼ | 2.90% | -0.06 | 2.96% |
| Efficiency Ratio (%) | ▼ | 78.98% | +10.91 | 68.07% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.86 | $2 |
| Cost of Funds (%) | ▲ | 2.53% | -0.39 | 2.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,038 | -33.67 | $1,071 |
| Gross Loans ($M) | ▲ | $777 | +30.39 | $747 |
| Loan Growth YoY (%) | ▲ | 87.94% | +7.44 | 80.49% |
| Total Deposits ($M) | ▼ | $875 | -44.23 | $919 |
| Shareholders Equity ($M) | ▲ | $104 | +1.63 | $102 |
| Tang. Book Value ($M) | ▲ | $104 | +1.71 | $102 |
| TBV excl. AOCI ($M)** | ▼ | $112 | -0.52 | $113 |
| Loan / Deposit Ratio (%) | ▲ | 87.94% | +7.44 | 80.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.51% | +1.51 | 0.99% |
| Allowance / Loans (%) | — | 1.04% | 0.07% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 3.26% | +1.84 | 1.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.66% | -0.64 | 14.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▆▆▅▅▆ | Net Interest Margin (%) | 2.53% | 2.55% | 3.11% | 2.96% | 2.92% | 2.88% | 2.86% | 2.90% |
| ▅▅█▆▆▁▅▃ | Return on Assets (%) | 0.59% | 0.59% | 0.89% | 0.69% | 0.65% | 0.19% | 0.60% | 0.45% |
| ▇▇▁▃▃▃▇█ | Efficiency Ratio (%) | 76.9% | 76.9% | 64.1% | 68.1% | 69.2% | 68.4% | 76.1% | 79.0% |
| █▆▃▄▄▁▁▁ | Cost of Funds (%) | 3.42% | 3.16% | 2.84% | 2.91% | 2.93% | 2.59% | 2.53% | 2.53% |
| ▁▂▁▁▃█▆█ | NPA / Assets (%) | 1.07% | 1.26% | 0.99% | 0.99% | 1.49% | 2.64% | 2.20% | 2.51% |
| ▁▂▁▁▃█▆█ | Net Charge-Off Ratio (%) | 1.51% | 1.77% | 1.41% | 1.43% | 2.05% | 3.49% | 2.79% | 3.26% |
| ▂▁▄▅█▄▅▇ | Tang. Book Value ($M) | $100 | $99 | $102 | $102 | $106 | $102 | $103 | $104 |
| █▆▃▁▁▅█▇ | Gross Loans ($M) | $781 | $774 | $758 | $747 | $749 | $767 | $783 | $777 |
| ▅▇██▁██▃ | Total Deposits ($M) | $890 | $911 | $911 | $919 | $855 | $915 | $918 | $875 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 23% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 27% |