Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.03 | 1.85% |
| Return on Equity (%) | ▼ | 20.24% | -1.43 | 21.67% |
| Net Interest Margin (%) | ▲ | 5.31% | +0.40 | 4.91% |
| Efficiency Ratio (%) | ▼ | 49.09% | +1.78 | 47.31% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.68 | $6 |
| Cost of Funds (%) | ▲ | 1.64% | -0.18 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $976 | -37.94 | $1,014 |
| Gross Loans ($M) | ▼ | $835 | -34.04 | $869 |
| Loan Growth YoY (%) | ▼ | 102.62% | -0.44 | 103.06% |
| Total Deposits ($M) | ▼ | $806 | -29.33 | $835 |
| Shareholders Equity ($M) | ▲ | $97 | +10.64 | $86 |
| Tang. Book Value ($M) | ▲ | $96 | +10.51 | $86 |
| TBV excl. AOCI ($M)** | ▲ | $98 | +10.16 | $88 |
| Loan / Deposit Ratio (%) | ▼ | 102.62% | -0.44 | 103.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.89% | -1.07 | 1.96% |
| Allowance / Loans (%) | — | 1.00% | 0.01% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.67% | -1.22 | 1.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.72% | +1.53 | 11.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▁▁▂██ | Net Interest Margin (%) | 5.16% | 5.11% | 4.94% | 4.91% | 4.95% | 5.00% | 5.28% | 5.31% |
| █▆▃▃▄▁▁▄ | Return on Assets (%) | 2.07% | 1.97% | 1.85% | 1.85% | 1.87% | 1.76% | 1.73% | 1.88% |
| ▁▂▃▃▂▂█▅ | Efficiency Ratio (%) | 45.5% | 46.6% | 47.6% | 47.3% | 46.9% | 47.0% | 52.4% | 49.1% |
| ▂▅▇▆██▄▁ | Cost of Funds (%) | 1.68% | 1.81% | 1.86% | 1.82% | 1.89% | 1.92% | 1.76% | 1.64% |
| ▁▁▃█▅▇▄▁ | NPA / Assets (%) | 0.79% | 0.89% | 1.18% | 1.96% | 1.48% | 1.69% | 1.28% | 0.89% |
| ▂▂▂█▅▄▁▁ | Net Charge-Off Ratio (%) | 0.92% | 0.92% | 0.97% | 1.89% | 1.42% | 1.14% | 0.77% | 0.67% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $79 | $81 | $84 | $86 | $89 | $91 | $93 | $96 |
| ▁▄▅▇█▇▇▄ | Gross Loans ($M) | $783 | $831 | $843 | $869 | $888 | $867 | $867 | $835 |
| ▁▁▄▄▅▃█▂ | Total Deposits ($M) | $780 | $789 | $842 | $835 | $851 | $818 | $912 | $806 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |