Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.29 | 0.86% |
| Return on Equity (%) | ▲ | 7.04% | +1.18 | 5.86% |
| Net Interest Margin (%) | ▲ | 5.02% | +0.19 | 4.83% |
| Efficiency Ratio (%) | ▲ | 59.80% | -1.13 | 60.93% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.27 | $3 |
| Cost of Funds (%) | ▲ | 1.53% | -0.35 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $855 | +30.55 | $825 |
| Gross Loans ($M) | ▲ | $629 | +33.72 | $596 |
| Loan Growth YoY (%) | ▼ | 87.98% | -0.39 | 88.37% |
| Total Deposits ($M) | ▲ | $708 | +41.79 | $666 |
| Shareholders Equity ($M) | ▲ | $139 | +18.49 | $121 |
| Tang. Book Value ($M) | ▲ | $94 | +20.07 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $99 | +21.22 | $78 |
| Loan / Deposit Ratio (%) | ▼ | 87.98% | -0.39 | 88.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.35 | 0.36% |
| Allowance / Loans (%) | — | 1.08% | -0.14% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.49 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.88% | +2.48 | 12.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇▇██ | Net Interest Margin (%) | 4.06% | 4.13% | 4.71% | 4.83% | 4.86% | 4.89% | 5.04% | 5.02% |
| ▃▃▁▄▅▅█▇ | Return on Assets (%) | 0.77% | 0.76% | 0.59% | 0.86% | 0.93% | 1.00% | 1.25% | 1.16% |
| ██▂▂▃▂▁▁ | Efficiency Ratio (%) | 66.3% | 66.2% | 61.2% | 60.9% | 61.7% | 61.0% | 59.5% | 59.8% |
| █▇▃▄▃▂▁▁ | Cost of Funds (%) | 2.57% | 2.31% | 1.78% | 1.89% | 1.79% | 1.59% | 1.40% | 1.53% |
| ▃████▂▁▁ | NPA / Assets (%) | 0.12% | 0.37% | 0.36% | 0.36% | 0.32% | 0.08% | 0.01% | 0.01% |
| ▃███▂▂▁▁ | Net Charge-Off Ratio (%) | 0.18% | 0.49% | 0.48% | 0.50% | 0.08% | 0.11% | 0.01% | 0.02% |
| ▁▁▁▁▂▇██ | Tang. Book Value ($M) | $72 | $72 | $72 | $74 | $77 | $90 | $92 | $94 |
| ▁▄▇▅▅▅▆█ | Gross Loans ($M) | $554 | $583 | $615 | $596 | $595 | $594 | $608 | $629 |
| ▃▁▂▂▄▆▂█ | Total Deposits ($M) | $672 | $659 | $671 | $666 | $683 | $693 | $671 | $708 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 21% |