Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.32 | 1.04% |
| Return on Equity (%) | ▲ | 12.22% | +2.09 | 10.13% |
| Net Interest Margin (%) | ▲ | 4.75% | +0.11 | 4.64% |
| Efficiency Ratio (%) | ▲ | 53.51% | -1.74 | 55.24% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.79 | $7 |
| Cost of Funds (%) | ▲ | 1.64% | -0.27 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,329 | +82.36 | $1,247 |
| Gross Loans ($M) | ▲ | $1,158 | +57.74 | $1,100 |
| Loan Growth YoY (%) | ▼ | 98.49% | -0.09 | 98.58% |
| Total Deposits ($M) | ▲ | $1,162 | +60.26 | $1,102 |
| Shareholders Equity ($M) | ▲ | $151 | +18.56 | $133 |
| Tang. Book Value ($M) | ▲ | $151 | +18.56 | $133 |
| TBV excl. AOCI ($M)** | ▲ | $153 | +18.00 | $135 |
| Loan / Deposit Ratio (%) | ▼ | 98.49% | -0.09 | 98.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.45% | +0.43 | 0.02% |
| Allowance / Loans (%) | — | 1.12% | -0.11% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 0.52% | +0.49 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▄▇▆▆█ | Net Interest Margin (%) | 4.57% | 4.60% | 4.53% | 4.64% | 4.70% | 4.69% | 4.68% | 4.75% |
| ▁▁▁▂▃▄█▇ | Return on Assets (%) | 0.97% | 0.99% | 0.97% | 1.04% | 1.11% | 1.17% | 1.43% | 1.36% |
| ██▇▆▃▆▁▂ | Efficiency Ratio (%) | 56.2% | 56.3% | 55.6% | 55.2% | 54.1% | 55.2% | 53.1% | 53.5% |
| ██▅▄▄▃▁▂ | Cost of Funds (%) | 2.30% | 2.21% | 1.95% | 1.91% | 1.87% | 1.75% | 1.52% | 1.64% |
| ▃▃▁▁▆▅█▇ | NPA / Assets (%) | 0.18% | 0.17% | 0.06% | 0.02% | 0.36% | 0.30% | 0.53% | 0.45% |
| ▃▃▁▁▆▅█▇ | Net Charge-Off Ratio (%) | 0.22% | 0.20% | 0.07% | 0.03% | 0.42% | 0.34% | 0.64% | 0.52% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $122 | $125 | $129 | $133 | $137 | $142 | $147 | $151 |
| ▁▂▃▅▅▆▇█ | Gross Loans ($M) | $1,031 | $1,055 | $1,077 | $1,100 | $1,107 | $1,115 | $1,130 | $1,158 |
| ▄▂▄▁▄▂█▆ | Total Deposits ($M) | $1,137 | $1,114 | $1,141 | $1,102 | $1,141 | $1,122 | $1,190 | $1,162 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 29% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 5% |