Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.59 | 0.37% |
| Return on Equity (%) | ▲ | 9.69% | +6.15 | 3.54% |
| Net Interest Margin (%) | ▲ | 3.10% | +0.73 | 2.37% |
| Efficiency Ratio (%) | ▲ | 63.09% | -14.26 | 77.35% |
| Pre-Provision Profit ($M) | ▲ | $6 | +3.62 | $2 |
| Cost of Funds (%) | ▲ | 2.60% | -0.30 | 2.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,965 | +275.33 | $1,690 |
| Gross Loans ($M) | ▲ | $1,561 | +185.24 | $1,376 |
| Loan Growth YoY (%) | ▼ | 107.33% | -0.79 | 108.12% |
| Total Deposits ($M) | ▲ | $1,440 | +181.37 | $1,259 |
| Shareholders Equity ($M) | ▲ | $193 | +24.12 | $168 |
| Tang. Book Value ($M) | ▲ | $193 | +24.12 | $168 |
| TBV excl. AOCI ($M)** | ▲ | $203 | +25.25 | $177 |
| Loan / Deposit Ratio (%) | ▼ | 107.33% | -0.79 | 108.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.92% | -0.14 | 1.06% |
| Allowance / Loans (%) | — | 1.01% | -0.10% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 0.72% | -0.58 | 1.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.17% | -0.09 | 11.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▄██ | Net Interest Margin (%) | 2.40% | 2.35% | 2.32% | 2.37% | 2.51% | 2.65% | 3.03% | 3.10% |
| ▁▁▂▁▂▃██ | Return on Assets (%) | 0.33% | 0.32% | 0.44% | 0.37% | 0.43% | 0.51% | 0.96% | 0.96% |
| ██▇▇▆▄▁▁ | Efficiency Ratio (%) | 81.4% | 81.7% | 77.7% | 77.4% | 74.9% | 72.1% | 64.8% | 63.1% |
| █▆▆▅▇▃▁▁ | Cost of Funds (%) | 3.19% | 3.02% | 2.99% | 2.90% | 3.06% | 2.82% | 2.64% | 2.60% |
| ▁██▁▂▁▁▁ | NPA / Assets (%) | 0.98% | 2.42% | 2.40% | 1.06% | 1.13% | 0.97% | 1.01% | 0.92% |
| ▂██▃▁▁▁▁ | Net Charge-Off Ratio (%) | 1.15% | 3.03% | 3.02% | 1.30% | 0.89% | 0.74% | 0.78% | 0.72% |
| ▁▁▁▁▂▃▇█ | Tang. Book Value ($M) | $167 | $169 | $167 | $168 | $171 | $174 | $188 | $193 |
| ▁▁▁▄▄▅▆█ | Gross Loans ($M) | $1,262 | $1,239 | $1,256 | $1,376 | $1,396 | $1,419 | $1,467 | $1,561 |
| ▁▂▃▄▅▆▆█ | Total Deposits ($M) | $1,110 | $1,186 | $1,212 | $1,259 | $1,294 | $1,345 | $1,342 | $1,440 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 26% |