Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.31 | 0.67% |
| Return on Equity (%) | ▲ | 10.85% | +2.88 | 7.97% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.58 | 2.79% |
| Efficiency Ratio (%) | ▲ | 58.75% | -7.83 | 66.57% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.16 | $2 |
| Cost of Funds (%) | ▲ | 2.11% | -0.24 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $989 | +8.23 | $981 |
| Gross Loans ($M) | ▲ | $826 | +50.47 | $776 |
| Loan Growth YoY (%) | ▲ | 100.89% | +2.39 | 98.50% |
| Total Deposits ($M) | ▲ | $807 | +30.11 | $777 |
| Shareholders Equity ($M) | ▲ | $90 | +5.54 | $85 |
| Tang. Book Value ($M) | ▲ | $90 | +5.54 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +3.02 | $92 |
| Loan / Deposit Ratio (%) | ▲ | 100.89% | +2.39 | 98.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.64 | 0.03% |
| Allowance / Loans (%) | — | 1.44% | 0.10% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.80% | +0.76 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.96% | +0.08 | 10.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.29% | 2.36% | 2.71% | 2.79% | 2.86% | 2.94% | 3.28% | 3.37% |
| ▁▁▂▃▄▄▇█ | Return on Assets (%) | 0.56% | 0.57% | 0.66% | 0.67% | 0.75% | 0.77% | 0.92% | 0.98% |
| ██▅▄▄▃▁▁ | Efficiency Ratio (%) | 74.7% | 74.0% | 68.7% | 66.6% | 65.1% | 64.6% | 59.8% | 58.7% |
| █▆▄▄▃▂▁▁ | Cost of Funds (%) | 2.75% | 2.55% | 2.38% | 2.35% | 2.34% | 2.18% | 2.09% | 2.11% |
| ▁▁▁▁▇███ | NPA / Assets (%) | 0.03% | 0.09% | 0.07% | 0.03% | 0.53% | 0.68% | 0.68% | 0.67% |
| ▁▁▁▁▇███ | Net Charge-Off Ratio (%) | 0.04% | 0.11% | 0.09% | 0.04% | 0.65% | 0.82% | 0.80% | 0.80% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $81 | $79 | $82 | $85 | $86 | $88 | $90 | $90 |
| ▁▁▂▄▄▇██ | Gross Loans ($M) | $739 | $746 | $752 | $776 | $782 | $813 | $825 | $826 |
| ▂█▂▃▃▃▁█ | Total Deposits ($M) | $767 | $802 | $768 | $777 | $775 | $772 | $760 | $807 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 31% |