Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.05 | 1.37% |
| Return on Equity (%) | ▲ | 13.30% | +0.83 | 12.47% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.11 | 3.93% |
| Efficiency Ratio (%) | ▼ | 51.02% | +0.25 | 50.76% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.66 | $5 |
| Cost of Funds (%) | ▲ | 2.12% | -0.17 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,050 | +86.69 | $964 |
| Gross Loans ($M) | ▲ | $752 | +17.36 | $735 |
| Loan Growth YoY (%) | ▼ | 80.30% | -5.70 | 86.01% |
| Total Deposits ($M) | ▲ | $925 | +80.63 | $844 |
| Shareholders Equity ($M) | ▲ | $114 | +3.53 | $110 |
| Tang. Book Value ($M) | ▲ | $114 | +3.53 | $110 |
| TBV excl. AOCI ($M)** | ▲ | $121 | +3.65 | $118 |
| Loan / Deposit Ratio (%) | ▼ | 80.30% | -5.70 | 86.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.17 | 0.12% |
| Allowance / Loans (%) | — | 1.23% | 0.07% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.41% | +0.25 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.68% | -0.17 | 15.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇█▇█ | Net Interest Margin (%) | 3.64% | 3.69% | 3.90% | 3.93% | 4.00% | 4.05% | 3.99% | 4.04% |
| ▁▁▅▆▇███ | Return on Assets (%) | 1.23% | 1.24% | 1.35% | 1.37% | 1.39% | 1.43% | 1.44% | 1.41% |
| ██▃▃▂▁▄▃ | Efficiency Ratio (%) | 53.3% | 53.4% | 50.6% | 50.8% | 50.3% | 49.6% | 51.2% | 51.0% |
| █▆▂▄▄▃▁▁ | Cost of Funds (%) | 2.49% | 2.39% | 2.17% | 2.29% | 2.29% | 2.24% | 2.14% | 2.12% |
| ▄▁▁▂▃▄█▃ | NPA / Assets (%) | 0.32% | 0.02% | 0.08% | 0.12% | 0.23% | 0.40% | 0.78% | 0.30% |
| ▃▁▁▁▃▄█▃ | Net Charge-Off Ratio (%) | 0.42% | 0.03% | 0.10% | 0.16% | 0.30% | 0.55% | 1.11% | 0.41% |
| ▇▁▄▆▅▄▆█ | Tang. Book Value ($M) | $111 | $101 | $106 | $110 | $108 | $107 | $109 | $114 |
| ▁▁▅▅▇▇▂█ | Gross Loans ($M) | $716 | $715 | $736 | $735 | $747 | $744 | $724 | $752 |
| ▁▂▄▃▅▇▇█ | Total Deposits ($M) | $806 | $830 | $862 | $844 | $872 | $896 | $905 | $925 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 29% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 22% |