Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.92% | -0.06 | 0.98% |
| Return on Equity (%) | ▼ | 10.71% | -1.05 | 11.76% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.01 | 3.41% |
| Efficiency Ratio (%) | ▲ | 56.82% | -3.05 | 59.87% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.15 | $4 |
| Cost of Funds (%) | ▲ | 2.47% | -0.14 | 2.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,109 | +57.12 | $1,052 |
| Gross Loans ($M) | ▲ | $909 | +100.37 | $809 |
| Loan Growth YoY (%) | ▲ | 90.15% | +5.86 | 84.29% |
| Total Deposits ($M) | ▲ | $995 | +50.51 | $945 |
| Shareholders Equity ($M) | ▲ | $96 | +7.57 | $88 |
| Tang. Book Value ($M) | ▲ | $96 | +7.57 | $88 |
| TBV excl. AOCI ($M)** | ▲ | $102 | +8.12 | $94 |
| Loan / Deposit Ratio (%) | ▲ | 90.15% | +5.86 | 84.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.47% | +1.03 | 1.44% |
| Allowance / Loans (%) | — | 1.30% | -0.23% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 2.87% | +1.30 | 1.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.02% | -0.18 | 10.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆▅▅▇█▆ | Net Interest Margin (%) | 3.30% | 3.36% | 3.42% | 3.41% | 3.40% | 3.45% | 3.49% | 3.42% |
| ▅▆█▆▂▆▇▁ | Return on Assets (%) | 0.98% | 0.98% | 1.01% | 0.98% | 0.94% | 0.98% | 0.99% | 0.92% |
| ▆▇█▆▆▄▁▁ | Efficiency Ratio (%) | 59.5% | 60.1% | 61.3% | 59.9% | 59.7% | 58.8% | 56.3% | 56.8% |
| █▅▄▅▅▂▁▃ | Cost of Funds (%) | 2.89% | 2.62% | 2.58% | 2.62% | 2.63% | 2.42% | 2.27% | 2.47% |
| ▁▁▁▄▅▅▅█ | NPA / Assets (%) | 0.89% | 0.95% | 0.82% | 1.44% | 1.83% | 1.81% | 1.73% | 2.47% |
| ▁▁▁▄▅▅▅█ | Net Charge-Off Ratio (%) | 0.76% | 0.83% | 0.80% | 1.57% | 1.91% | 1.91% | 2.05% | 2.87% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $84 | $83 | $86 | $88 | $91 | $94 | $95 | $96 |
| ▁▃▂▃▅▆██ | Gross Loans ($M) | $754 | $793 | $786 | $809 | $845 | $863 | $898 | $909 |
| ▁▁▅▅▃▃█▆ | Total Deposits ($M) | $817 | $843 | $970 | $945 | $901 | $906 | $1,064 | $995 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 28% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 41% |
| Brokered / Other | 46% |