Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.13 | 0.76% |
| Return on Equity (%) | ▲ | 12.93% | +1.02 | 11.91% |
| Net Interest Margin (%) | ▲ | 2.71% | +0.24 | 2.47% |
| Efficiency Ratio (%) | ▲ | 59.02% | -4.98 | 64.00% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.47 | $4 |
| Cost of Funds (%) | ▲ | 1.54% | -0.13 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,860 | +100.73 | $1,760 |
| Gross Loans ($M) | ▲ | $1,320 | +38.40 | $1,282 |
| Loan Growth YoY (%) | ▼ | 77.01% | -1.66 | 78.67% |
| Total Deposits ($M) | ▲ | $1,698 | +83.92 | $1,614 |
| Shareholders Equity ($M) | ▲ | $128 | +13.74 | $114 |
| Tang. Book Value ($M) | ▲ | $128 | +13.74 | $114 |
| TBV excl. AOCI ($M)** | ▲ | $145 | +14.72 | $130 |
| Loan / Deposit Ratio (%) | ▼ | 77.01% | -1.66 | 78.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.01 | 0.03% |
| Allowance / Loans (%) | — | 0.94% | 0.01% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.10% | +0.12 | 13.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆▇█ | Net Interest Margin (%) | 2.23% | 2.26% | 2.41% | 2.47% | 2.51% | 2.55% | 2.65% | 2.71% |
| ▁▁▂▄▆▆▇█ | Return on Assets (%) | 0.64% | 0.65% | 0.70% | 0.76% | 0.80% | 0.81% | 0.85% | 0.89% |
| ██▅▅▄▃▂▁ | Efficiency Ratio (%) | 67.8% | 67.7% | 64.3% | 64.0% | 62.3% | 61.8% | 60.7% | 59.0% |
| █▇▃▄▄▃▁▁ | Cost of Funds (%) | 1.81% | 1.74% | 1.62% | 1.66% | 1.67% | 1.60% | 1.53% | 1.54% |
| █▁▁▁▁▁▁▂ | NPA / Assets (%) | 0.07% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.04% |
| █▁▁▁▁▁▁▂ | Net Charge-Off Ratio (%) | 0.10% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.05% |
| ▃▁▃▃▆█▇█ | Tang. Book Value ($M) | $114 | $106 | $112 | $114 | $122 | $127 | $124 | $128 |
| ▁▂▂▄▃▅▅█ | Gross Loans ($M) | $1,259 | $1,268 | $1,273 | $1,282 | $1,280 | $1,291 | $1,296 | $1,320 |
| ▁▁▄▄▅▆██ | Total Deposits ($M) | $1,536 | $1,554 | $1,612 | $1,614 | $1,621 | $1,641 | $1,682 | $1,698 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 10% |