Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.32% | -0.00 | 1.32% |
| Return on Equity (%) | ▼ | 16.71% | -2.22 | 18.93% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.01 | 3.73% |
| Efficiency Ratio (%) | ▼ | 56.37% | +2.87 | 53.50% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.63 | $5 |
| Cost of Funds (%) | ▲ | 1.40% | -0.02 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,248 | +38.00 | $1,210 |
| Gross Loans ($M) | ▲ | $843 | +64.52 | $779 |
| Loan Growth YoY (%) | ▲ | 73.30% | +4.04 | 69.26% |
| Total Deposits ($M) | ▲ | $1,138 | +25.08 | $1,113 |
| Shareholders Equity ($M) | ▲ | $100 | +12.72 | $87 |
| Tang. Book Value ($M) | ▲ | $100 | +12.80 | $87 |
| TBV excl. AOCI ($M)** | ▲ | $111 | +13.72 | $97 |
| Loan / Deposit Ratio (%) | ▲ | 73.30% | +4.04 | 69.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.14 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | 0.06% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.21% | +0.21 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.53% | +0.39 | 12.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█▇▆▇█▇ | Net Interest Margin (%) | 3.48% | 3.53% | 3.78% | 3.73% | 3.69% | 3.72% | 3.76% | 3.74% |
| ▁▁███▇██ | Return on Assets (%) | 1.11% | 1.12% | 1.31% | 1.32% | 1.31% | 1.29% | 1.30% | 1.32% |
| ▆▇▁▃▂▂█▅ | Efficiency Ratio (%) | 57.0% | 57.9% | 50.7% | 53.5% | 52.8% | 52.6% | 60.0% | 56.4% |
| █▅▁▄▆▄▁▃ | Cost of Funds (%) | 1.65% | 1.47% | 1.32% | 1.43% | 1.52% | 1.43% | 1.28% | 1.40% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% | 0.14% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.21% | 0.21% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $80 | $79 | $82 | $87 | $92 | $97 | $96 | $100 |
| ▁▁▃▃▄▆██ | Gross Loans ($M) | $764 | $754 | $784 | $779 | $796 | $821 | $846 | $843 |
| ▁▃▆▆█▅██ | Total Deposits ($M) | $1,027 | $1,063 | $1,104 | $1,113 | $1,141 | $1,095 | $1,146 | $1,138 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 16% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 25% |