Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.31 | 0.35% |
| Return on Equity (%) | ▲ | 6.56% | +3.01 | 3.55% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.52 | 3.20% |
| Efficiency Ratio (%) | ▲ | 75.14% | -6.33 | 81.48% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.97 | $3 |
| Cost of Funds (%) | ▲ | 2.07% | -0.37 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,598 | +84.88 | $1,513 |
| Gross Loans ($M) | ▲ | $1,364 | +56.78 | $1,308 |
| Loan Growth YoY (%) | ▲ | 100.33% | +0.10 | 100.23% |
| Total Deposits ($M) | ▲ | $1,335 | +54.68 | $1,280 |
| Shareholders Equity ($M) | ▲ | $160 | +9.65 | $150 |
| Tang. Book Value ($M) | ▲ | $159 | +9.65 | $150 |
| TBV excl. AOCI ($M)** | ▲ | $163 | +9.19 | $153 |
| Loan / Deposit Ratio (%) | ▲ | 100.33% | +0.10 | 100.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.83% | -0.25 | 1.08% |
| Allowance / Loans (%) | — | 1.84% | -0.03% | 1.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.84% | -0.41 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.68% | -0.07 | 11.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.74% | 2.83% | 3.01% | 3.20% | 3.31% | 3.41% | 3.69% | 3.72% |
| ▁▁▂▄▅▆██ | Return on Assets (%) | 0.16% | 0.21% | 0.24% | 0.35% | 0.43% | 0.50% | 0.62% | 0.66% |
| ██▆▄▃▂▁▁ | Efficiency Ratio (%) | 91.3% | 90.2% | 85.5% | 81.5% | 79.3% | 78.2% | 75.6% | 75.1% |
| ███▆▅▃▁▁ | Cost of Funds (%) | 2.56% | 2.57% | 2.51% | 2.44% | 2.37% | 2.20% | 2.12% | 2.07% |
| ▇▆▅▅█▅▅▁ | NPA / Assets (%) | 1.24% | 1.16% | 1.12% | 1.08% | 1.33% | 1.08% | 1.08% | 0.83% |
| █▇▇▆█▄▄▁ | Net Charge-Off Ratio (%) | 1.42% | 1.34% | 1.29% | 1.25% | 1.43% | 1.13% | 1.13% | 0.84% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $145 | $147 | $148 | $150 | $152 | $155 | $156 | $159 |
| ▁▂▂▃▂▄▄█ | Gross Loans ($M) | $1,281 | $1,295 | $1,297 | $1,308 | $1,293 | $1,322 | $1,321 | $1,364 |
| ▁▃▄▃▃▆▄█ | Total Deposits ($M) | $1,259 | $1,284 | $1,291 | $1,280 | $1,286 | $1,307 | $1,292 | $1,335 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 18% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 21% |