Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.60% | -0.05 | 1.65% |
| Return on Equity (%) | ▼ | 14.58% | -1.28 | 15.86% |
| Net Interest Margin (%) | ▼ | 3.61% | -0.03 | 3.64% |
| Efficiency Ratio (%) | ▲ | 42.75% | -0.97 | 43.73% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.68 | $8 |
| Cost of Funds (%) | ▲ | 1.85% | -0.32 | 2.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,458 | +39.74 | $1,418 |
| Gross Loans ($M) | ▲ | $923 | +35.99 | $887 |
| Loan Growth YoY (%) | ▲ | 71.74% | +2.39 | 69.35% |
| Total Deposits ($M) | ▲ | $1,271 | +6.12 | $1,265 |
| Shareholders Equity ($M) | ▲ | $165 | +16.48 | $149 |
| Tang. Book Value ($M) | ▲ | $165 | +16.48 | $149 |
| TBV excl. AOCI ($M)** | ▲ | $170 | +14.90 | $155 |
| Loan / Deposit Ratio (%) | ▲ | 71.74% | +2.39 | 69.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.22% | 0.10% | 1.12% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.40% | +0.57 | 15.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▅▅▅▆▁▄ | Net Interest Margin (%) | 3.67% | 3.74% | 3.64% | 3.64% | 3.64% | 3.66% | 3.50% | 3.61% |
| ▁▃████▅▇ | Return on Assets (%) | 1.33% | 1.42% | 1.62% | 1.65% | 1.64% | 1.62% | 1.49% | 1.60% |
| ██▅▄▁▂█▁ | Efficiency Ratio (%) | 45.1% | 45.1% | 44.3% | 43.7% | 43.0% | 43.3% | 45.3% | 42.8% |
| ██▃▆▅▅▁▁ | Cost of Funds (%) | 2.36% | 2.32% | 1.98% | 2.17% | 2.15% | 2.15% | 1.89% | 1.85% |
| ███▁▁▁▁▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ███▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▃▅▇██ | Tang. Book Value ($M) | $138 | $143 | $148 | $149 | $155 | $162 | $167 | $165 |
| ▁▂▂▂▆██▆ | Gross Loans ($M) | $870 | $887 | $889 | $887 | $928 | $947 | $947 | $923 |
| ▅▁▅▄██▆▄ | Total Deposits ($M) | $1,295 | $1,203 | $1,296 | $1,265 | $1,361 | $1,359 | $1,305 | $1,271 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 32% |
| Consumer | 3% |
| Other | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 4% |