Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.24 | 1.05% |
| Return on Equity (%) | ▲ | 12.68% | +0.82 | 11.86% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.32 | 3.07% |
| Efficiency Ratio (%) | ▲ | 49.52% | -3.93 | 53.45% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.04 | $7 |
| Cost of Funds (%) | ▲ | 1.96% | -0.28 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,772 | +42.46 | $1,729 |
| Gross Loans ($M) | ▲ | $1,402 | +49.01 | $1,353 |
| Loan Growth YoY (%) | ▼ | 88.46% | -0.08 | 88.54% |
| Total Deposits ($M) | ▲ | $1,564 | +53.11 | $1,511 |
| Shareholders Equity ($M) | ▲ | $179 | +20.31 | $159 |
| Tang. Book Value ($M) | ▲ | $164 | +20.46 | $143 |
| TBV excl. AOCI ($M)** | ▲ | $177 | +19.35 | $158 |
| Loan / Deposit Ratio (%) | ▼ | 88.46% | -0.08 | 88.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.27 | 0.27% |
| Allowance / Loans (%) | — | 1.33% | 0.19% | 1.14% |
| Net Charge-Off Ratio (%) | ▼ | 0.68% | +0.34 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.43% | +0.58 | 10.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▇▇█ | Net Interest Margin (%) | 2.70% | 2.80% | 2.97% | 3.07% | 3.16% | 3.24% | 3.29% | 3.39% |
| ▃▁▄▅▆▆██ | Return on Assets (%) | 0.87% | 0.72% | 0.94% | 1.05% | 1.13% | 1.10% | 1.24% | 1.29% |
| ██▇▄▃▅▃▁ | Efficiency Ratio (%) | 58.8% | 58.1% | 56.9% | 53.4% | 52.5% | 55.2% | 52.0% | 49.5% |
| █▆▃▃▄▃▁▁ | Cost of Funds (%) | 2.74% | 2.47% | 2.17% | 2.24% | 2.27% | 2.23% | 2.02% | 1.96% |
| ▁█▃▃▄▅█▆ | NPA / Assets (%) | 0.01% | 0.84% | 0.29% | 0.27% | 0.38% | 0.49% | 0.84% | 0.54% |
| ▁█▃▃▄▅█▆ | Net Charge-Off Ratio (%) | 0.00% | 1.07% | 0.39% | 0.35% | 0.48% | 0.63% | 1.07% | 0.68% |
| ▂▁▂▄▅▇██ | Tang. Book Value ($M) | $138 | $130 | $137 | $143 | $150 | $157 | $160 | $164 |
| ▂▁▁▄▇▄▃█ | Gross Loans ($M) | $1,328 | $1,309 | $1,320 | $1,353 | $1,383 | $1,347 | $1,342 | $1,402 |
| ▆▁█▃▆▁▁█ | Total Deposits ($M) | $1,543 | $1,498 | $1,568 | $1,511 | $1,546 | $1,490 | $1,497 | $1,564 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 33% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |