Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.41% | +1.40 | 2.01% |
| Return on Equity (%) | ▲ | 33.32% | +10.54 | 22.78% |
| Net Interest Margin (%) | ▲ | 4.93% | +0.46 | 4.47% |
| Efficiency Ratio (%) | ▲ | 20.62% | -0.68 | 21.30% |
| Pre-Provision Profit ($M) | ▲ | $11 | +2.16 | $9 |
| Cost of Funds (%) | ▲ | 3.26% | -0.24 | 3.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,086 | +113.09 | $973 |
| Gross Loans ($M) | ▲ | $884 | +86.09 | $798 |
| Loan Growth YoY (%) | ▲ | 88.87% | +2.07 | 86.80% |
| Total Deposits ($M) | ▲ | $966 | +79.95 | $886 |
| Shareholders Equity ($M) | ▲ | $117 | +32.79 | $84 |
| Tang. Book Value ($M) | ▲ | $117 | +32.79 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $125 | +33.95 | $91 |
| Loan / Deposit Ratio (%) | ▲ | 88.87% | +2.07 | 86.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.30% | -0.48 | 1.78% |
| Allowance / Loans (%) | — | 2.89% | -0.73% | 3.62% |
| Net Charge-Off Ratio (%) | ▲ | 1.60% | -0.58 | 2.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.73% | +2.36 | 10.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆██ | Net Interest Margin (%) | 4.15% | 4.16% | 4.21% | 4.47% | 4.59% | 4.73% | 4.91% | 4.93% |
| ▃▁▁▁▂▃██ | Return on Assets (%) | 2.53% | 2.10% | 1.90% | 2.01% | 2.25% | 2.43% | 3.59% | 3.41% |
| ▄█▃▃▂▂▇▁ | Efficiency Ratio (%) | 21.5% | 22.7% | 21.3% | 21.3% | 21.1% | 21.0% | 22.4% | 20.6% |
| █▅▅▃▃▄▁▁ | Cost of Funds (%) | 3.93% | 3.65% | 3.60% | 3.50% | 3.50% | 3.57% | 3.30% | 3.26% |
| ▄▁▇▇█▆▄▄ | NPA / Assets (%) | 1.34% | 0.93% | 1.72% | 1.78% | 1.91% | 1.56% | 1.37% | 1.30% |
| ▄▁▇▇█▆▄▃ | Net Charge-Off Ratio (%) | 1.76% | 1.18% | 2.14% | 2.17% | 2.34% | 1.97% | 1.72% | 1.60% |
| ▁▁▁▂▄▆▇█ | Tang. Book Value ($M) | $80 | $75 | $79 | $84 | $94 | $102 | $111 | $117 |
| ▁▂▄▆██▇█ | Gross Loans ($M) | $599 | $667 | $711 | $798 | $870 | $853 | $846 | $884 |
| ▁▂▄▆████ | Total Deposits ($M) | $704 | $765 | $804 | $886 | $969 | $968 | $946 | $966 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 4% |
| C&I / Commercial | 65% |
| Other | 31% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 25% |