Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.42 | 0.52% |
| Return on Equity (%) | ▲ | 9.64% | +4.20 | 5.44% |
| Net Interest Margin (%) | ▼ | 3.38% | -0.04 | 3.43% |
| Efficiency Ratio (%) | ▲ | 66.14% | -2.99 | 69.13% |
| Pre-Provision Profit ($M) | ▲ | $4 | +2.45 | $2 |
| Cost of Funds (%) | ▲ | 1.85% | -0.25 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,486 | -10.72 | $1,497 |
| Gross Loans ($M) | ▼ | $895 | -18.20 | $913 |
| Loan Growth YoY (%) | ▲ | 73.42% | +0.47 | 72.96% |
| Total Deposits ($M) | ▼ | $1,182 | -47.49 | $1,229 |
| Shareholders Equity ($M) | ▼ | $142 | -0.86 | $143 |
| Tang. Book Value ($M) | ▼ | $131 | -0.26 | $132 |
| TBV excl. AOCI ($M)** | ▲ | $155 | +0.67 | $155 |
| Loan / Deposit Ratio (%) | ▲ | 73.42% | +0.47 | 72.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.00% | +2.22 | 0.79% |
| Allowance / Loans (%) | — | 3.01% | 1.26% | 1.75% |
| Net Charge-Off Ratio (%) | ▼ | 4.69% | +3.41 | 1.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.36% | -0.26 | 13.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▆█▇▆▅ | Net Interest Margin (%) | 3.20% | 3.21% | 3.53% | 3.43% | 3.49% | 3.47% | 3.41% | 3.38% |
| ▂▄█▅▅▁██ | Return on Assets (%) | 0.09% | 0.37% | 0.94% | 0.52% | 0.46% | -0.12% | 0.91% | 0.94% |
| ▇▃▁█▆█▆▅ | Efficiency Ratio (%) | 68.1% | 64.0% | 61.3% | 69.1% | 66.6% | 68.2% | 67.1% | 66.1% |
| █▇▃▄▄▃▁▁ | Cost of Funds (%) | 2.43% | 2.36% | 2.03% | 2.11% | 2.09% | 2.05% | 1.84% | 1.85% |
| ▁▃▁▁▃▄██ | NPA / Assets (%) | 1.10% | 1.50% | 0.89% | 0.79% | 1.60% | 1.96% | 3.28% | 3.00% |
| ▂▃▁▁▃▄██ | Net Charge-Off Ratio (%) | 1.75% | 2.40% | 1.45% | 1.28% | 2.59% | 3.05% | 4.86% | 4.69% |
| ▂▃▇▆█▁▃▆ | Tang. Book Value ($M) | $128 | $129 | $133 | $132 | $133 | $128 | $129 | $131 |
| ██▆▆▂▃▂▁ | Gross Loans ($M) | $922 | $919 | $912 | $913 | $899 | $903 | $901 | $895 |
| ▃▃█▅▅▁▄▁ | Total Deposits ($M) | $1,205 | $1,212 | $1,272 | $1,229 | $1,232 | $1,192 | $1,219 | $1,182 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 21% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 18% |