Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.16 | 0.74% |
| Return on Equity (%) | ▲ | 7.19% | +1.22 | 5.97% |
| Net Interest Margin (%) | ▼ | 3.63% | -0.02 | 3.65% |
| Efficiency Ratio (%) | ▲ | 65.01% | -9.84 | 74.85% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.72 | $6 |
| Cost of Funds (%) | ▲ | 2.32% | -0.46 | 2.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,239 | +130.05 | $2,109 |
| Gross Loans ($M) | ▲ | $1,948 | +161.19 | $1,786 |
| Loan Growth YoY (%) | ▲ | 99.49% | +1.50 | 97.99% |
| Total Deposits ($M) | ▲ | $1,938 | +134.48 | $1,804 |
| Shareholders Equity ($M) | ▲ | $279 | +4.35 | $275 |
| Tang. Book Value ($M) | ▲ | $279 | +4.35 | $275 |
| TBV excl. AOCI ($M)** | ▲ | $283 | +4.44 | $278 |
| Loan / Deposit Ratio (%) | ▲ | 99.49% | +1.50 | 97.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.78% | +2.44 | 0.34% |
| Allowance / Loans (%) | — | 0.99% | -0.08% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 3.15% | +2.75 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.14% | -1.24 | 15.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁██▇▆█ | Net Interest Margin (%) | 3.37% | 3.35% | 3.36% | 3.65% | 3.64% | 3.61% | 3.57% | 3.63% |
| ▆▁▆▇████ | Return on Assets (%) | 0.51% | -0.35% | 0.55% | 0.74% | 0.81% | 0.82% | 0.85% | 0.90% |
| ▆▇█▆▅▄▂▁ | Efficiency Ratio (%) | 74.6% | 76.2% | 78.4% | 74.8% | 72.3% | 71.3% | 67.8% | 65.0% |
| ▇█▅▄▄▂▁▁ | Cost of Funds (%) | 3.08% | 3.30% | 2.82% | 2.79% | 2.75% | 2.52% | 2.33% | 2.32% |
| ▄▃▃▁▃▄▇█ | NPA / Assets (%) | 1.27% | 1.13% | 1.13% | 0.34% | 1.10% | 1.50% | 2.47% | 2.78% |
| ▄▃▃▁▃▄██ | Net Charge-Off Ratio (%) | 1.58% | 1.37% | 1.36% | 0.40% | 1.29% | 1.69% | 2.87% | 3.15% |
| █▁▁▃▄▅▃▄ | Tang. Book Value ($M) | $291 | $269 | $271 | $275 | $279 | $283 | $276 | $279 |
| ▁▃▃▁▂▄▅█ | Gross Loans ($M) | $1,794 | $1,830 | $1,831 | $1,786 | $1,807 | $1,861 | $1,870 | $1,948 |
| ▆▇▇▁▁▆▇█ | Total Deposits ($M) | $1,895 | $1,913 | $1,914 | $1,804 | $1,817 | $1,902 | $1,921 | $1,938 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 44% |