Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.38% | -0.07 | 1.45% |
| Return on Equity (%) | ▼ | 13.34% | -0.92 | 14.26% |
| Net Interest Margin (%) | ▼ | 3.87% | -0.03 | 3.90% |
| Efficiency Ratio (%) | ▼ | 49.00% | +0.54 | 48.46% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.36 | $5 |
| Cost of Funds (%) | ▲ | 2.19% | -0.28 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,105 | +133.96 | $971 |
| Gross Loans ($M) | ▲ | $813 | +66.24 | $747 |
| Loan Growth YoY (%) | ▼ | 89.15% | -5.36 | 94.51% |
| Total Deposits ($M) | ▲ | $897 | +120.64 | $776 |
| Shareholders Equity ($M) | ▲ | $111 | +15.03 | $96 |
| Tang. Book Value ($M) | ▲ | $111 | +15.03 | $96 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +15.03 | $97 |
| Loan / Deposit Ratio (%) | ▼ | 89.15% | -5.36 | 94.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.15% | +0.02 | 0.13% |
| Allowance / Loans (%) | — | 1.66% | -0.11% | 1.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.21% | +0.04 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.09% | +0.38 | 12.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▁▁▂▁▁ | Net Interest Margin (%) | 4.25% | 4.23% | 3.87% | 3.90% | 3.91% | 3.96% | 3.91% | 3.87% |
| ▃▆█▄▄▂▄▁ | Return on Assets (%) | 1.43% | 1.49% | 1.53% | 1.45% | 1.44% | 1.41% | 1.45% | 1.38% |
| █▃▂▂▂▄▁▄ | Efficiency Ratio (%) | 51.2% | 48.9% | 48.1% | 48.5% | 48.2% | 49.3% | 47.6% | 49.0% |
| ▇▅▅▇█▅▂▁ | Cost of Funds (%) | 2.46% | 2.39% | 2.38% | 2.47% | 2.54% | 2.39% | 2.26% | 2.19% |
| ▁▃▁▁▁█▆▁ | NPA / Assets (%) | 0.13% | 0.20% | 0.14% | 0.13% | 0.12% | 0.42% | 0.34% | 0.15% |
| ▁▂▂▂▂█▇▃ | Net Charge-Off Ratio (%) | 0.09% | 0.18% | 0.17% | 0.17% | 0.15% | 0.54% | 0.44% | 0.21% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $87 | $91 | $94 | $96 | $99 | $103 | $107 | $111 |
| ▁▁▃▃▃▅▆█ | Gross Loans ($M) | $723 | $729 | $746 | $747 | $749 | $769 | $789 | $813 |
| ▁▁▂▄▅▄▅█ | Total Deposits ($M) | $676 | $690 | $717 | $776 | $794 | $783 | $801 | $897 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 17% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |