Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.20 | 1.06% |
| Return on Equity (%) | ▲ | 11.63% | +0.50 | 11.13% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.34 | 3.97% |
| Efficiency Ratio (%) | ▼ | 58.17% | +2.38 | 55.79% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.59 | $4 |
| Cost of Funds (%) | ▲ | 2.74% | -0.21 | 2.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,000 | +81.98 | $918 |
| Gross Loans ($M) | ▲ | $858 | +72.78 | $785 |
| Loan Growth YoY (%) | ▲ | 98.86% | +0.65 | 98.21% |
| Total Deposits ($M) | ▲ | $857 | +67.68 | $789 |
| Shareholders Equity ($M) | ▲ | $109 | +22.22 | $87 |
| Tang. Book Value ($M) | ▲ | $109 | +22.22 | $87 |
| Loan / Deposit Ratio (%) | ▲ | 98.86% | +0.65 | 98.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.71% | -0.57 | 1.28% |
| Allowance / Loans (%) | — | 1.31% | -0.03% | 1.34% |
| Net Charge-Off Ratio (%) | ▲ | 0.82% | -0.67 | 1.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▄██ | Net Interest Margin (%) | 3.85% | 3.88% | 3.92% | 3.97% | 4.00% | 4.04% | 4.35% | 4.31% |
| ▅▅▁▄▅▅▆█ | Return on Assets (%) | 1.11% | 1.11% | 0.93% | 1.06% | 1.12% | 1.11% | 1.18% | 1.26% |
| ▁▁▅▃▃▄█▅ | Efficiency Ratio (%) | 53.9% | 54.0% | 57.8% | 55.8% | 56.2% | 57.1% | 60.8% | 58.2% |
| █▆▂▄▆▂▁▁ | Cost of Funds (%) | 3.21% | 3.07% | 2.85% | 2.94% | 3.08% | 2.81% | 2.73% | 2.74% |
| ▁▁▁██▅▅▅ | NPA / Assets (%) | 0.06% | 0.06% | 0.19% | 1.28% | 1.26% | 0.75% | 0.73% | 0.71% |
| ▁▁▁██▅▅▅ | Net Charge-Off Ratio (%) | 0.07% | 0.06% | 0.22% | 1.49% | 1.48% | 0.87% | 0.86% | 0.82% |
| ▁▁▂▂▃▇██ | Tang. Book Value ($M) | $79 | $82 | $84 | $87 | $90 | $103 | $106 | $109 |
| ▁▁▄▅▅▇▇█ | Gross Loans ($M) | $696 | $710 | $760 | $785 | $794 | $821 | $824 | $858 |
| ▁▁▃▅▅▆▇█ | Total Deposits ($M) | $710 | $717 | $758 | $789 | $800 | $811 | $828 | $857 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 26% |