Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.74% | +0.53 | 0.21% |
| Return on Equity (%) | ▲ | 8.45% | +6.01 | 2.44% |
| Net Interest Margin (%) | ▲ | 3.26% | +0.24 | 3.03% |
| Efficiency Ratio (%) | ▲ | 74.77% | -17.42 | 92.20% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.81 | $3 |
| Cost of Funds (%) | ▲ | 1.40% | -0.18 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,646 | +98.11 | $1,548 |
| Gross Loans ($M) | ▲ | $1,131 | +17.70 | $1,113 |
| Loan Growth YoY (%) | ▼ | 75.14% | -4.84 | 79.98% |
| Total Deposits ($M) | ▲ | $1,488 | +112.32 | $1,375 |
| Shareholders Equity ($M) | ▲ | $146 | +9.02 | $137 |
| Tang. Book Value ($M) | ▲ | $110 | +9.28 | $101 |
| TBV excl. AOCI ($M)** | ▲ | $124 | +9.86 | $115 |
| Loan / Deposit Ratio (%) | ▼ | 75.14% | -4.84 | 79.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.06 | 0.10% |
| Allowance / Loans (%) | — | 1.17% | -0.03% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.09 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.37% | +0.26 | 12.10% |
Noninterest income ($3.33M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄▆█ | Net Interest Margin (%) | 2.91% | 2.92% | 3.00% | 3.03% | 3.04% | 3.05% | 3.14% | 3.26% |
| ▅▅▁▃▅▅▇█ | Return on Assets (%) | 0.38% | 0.36% | -0.11% | 0.21% | 0.35% | 0.41% | 0.61% | 0.74% |
| ▄▄█▅▄▃▁▁ | Efficiency Ratio (%) | 86.4% | 86.8% | 104.6% | 92.2% | 87.0% | 84.8% | 77.8% | 74.8% |
| █▇▆▅▅▃▂▁ | Cost of Funds (%) | 1.74% | 1.68% | 1.62% | 1.58% | 1.59% | 1.51% | 1.46% | 1.40% |
| █▇█▇▄▆▃▁ | NPA / Assets (%) | 0.12% | 0.11% | 0.12% | 0.10% | 0.07% | 0.10% | 0.06% | 0.04% |
| █▇█▇▃▇▃▁ | Net Charge-Off Ratio (%) | 0.17% | 0.15% | 0.17% | 0.14% | 0.09% | 0.14% | 0.09% | 0.05% |
| ▄▁▂▃▅▇▇█ | Tang. Book Value ($M) | $103 | $96 | $98 | $101 | $105 | $108 | $108 | $110 |
| ▅▆▂▅▁▃▆█ | Gross Loans ($M) | $1,114 | $1,120 | $1,099 | $1,113 | $1,091 | $1,105 | $1,120 | $1,131 |
| ▁▃▃▂▃███ | Total Deposits ($M) | $1,348 | $1,396 | $1,392 | $1,375 | $1,403 | $1,495 | $1,496 | $1,488 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 10% |