Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.99% | +0.71 | 1.28% |
| Return on Equity (%) | ▲ | 16.41% | +4.66 | 11.75% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.44 | 3.74% |
| Efficiency Ratio (%) | ▲ | 42.20% | -9.28 | 51.48% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.62 | $4 |
| Cost of Funds (%) | ▲ | 2.12% | -0.33 | 2.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $818 | +55.95 | $762 |
| Gross Loans ($M) | ▲ | $688 | +70.69 | $617 |
| Loan Growth YoY (%) | ▲ | 95.78% | +4.72 | 91.06% |
| Total Deposits ($M) | ▲ | $710 | +40.30 | $670 |
| Shareholders Equity ($M) | ▲ | $100 | +13.85 | $86 |
| Tang. Book Value ($M) | ▲ | $99 | +14.01 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $100 | +13.60 | $86 |
| Loan / Deposit Ratio (%) | ▲ | 95.78% | +4.72 | 91.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.40% | +0.32 | 0.08% |
| Allowance / Loans (%) | — | 1.11% | -0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.09 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▃▅▅██ | Net Interest Margin (%) | 3.85% | 3.78% | 3.52% | 3.74% | 3.86% | 3.91% | 4.16% | 4.18% |
| ▂▂▁▂▃▃█▆ | Return on Assets (%) | 1.42% | 1.41% | 1.10% | 1.28% | 1.43% | 1.47% | 2.41% | 1.99% |
| ███▇▇▆▁▃ | Efficiency Ratio (%) | 53.2% | 52.6% | 53.7% | 51.5% | 50.6% | 49.5% | 38.0% | 42.2% |
| ███▆▄▁▁▁ | Cost of Funds (%) | 2.57% | 2.61% | 2.59% | 2.45% | 2.31% | 2.10% | 2.08% | 2.12% |
| ▄▁▁▂▂▂██ | NPA / Assets (%) | 0.18% | 0.02% | 0.07% | 0.08% | 0.08% | 0.07% | 0.44% | 0.40% |
| ▂▁▂▂▂▂█▁ | Net Charge-Off Ratio (%) | 0.08% | 0.02% | 0.09% | 0.10% | 0.09% | 0.09% | 0.53% | 0.01% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $79 | $80 | $82 | $85 | $88 | $91 | $96 | $99 |
| ▁▁▁▃▃▅▆█ | Gross Loans ($M) | $590 | $595 | $595 | $617 | $617 | $649 | $654 | $688 |
| ▃▆▆▅▁▄▅█ | Total Deposits ($M) | $648 | $682 | $680 | $670 | $623 | $666 | $677 | $710 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 18% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 26% |