Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.33 | 1.20% |
| Return on Equity (%) | ▲ | 18.28% | +3.45 | 14.83% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.40 | 3.84% |
| Efficiency Ratio (%) | ▼ | 58.05% | +0.25 | 57.80% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.36 | $3 |
| Cost of Funds (%) | ▲ | 2.47% | -0.30 | 2.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $739 | +45.16 | $694 |
| Gross Loans ($M) | ▲ | $652 | +40.06 | $612 |
| Loan Growth YoY (%) | ▲ | 107.07% | +0.47 | 106.60% |
| Total Deposits ($M) | ▲ | $601 | +34.64 | $567 |
| Shareholders Equity ($M) | ▲ | $61 | +6.37 | $54 |
| Tang. Book Value ($M) | ▲ | $59 | +6.21 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +6.27 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 107.07% | +0.47 | 106.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.90% | -0.87 | 1.77% |
| Allowance / Loans (%) | — | 1.32% | -0.04% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 0.81% | -1.20 | 2.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.59% | +0.05 | 10.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▄▅██ | Net Interest Margin (%) | 3.59% | 3.69% | 3.81% | 3.84% | 3.87% | 3.97% | 4.21% | 4.24% |
| ▇█▁▁▁▁▃▆ | Return on Assets (%) | 1.65% | 1.73% | 1.20% | 1.20% | 1.13% | 1.18% | 1.34% | 1.53% |
| ▁▂▇▄▅▅█▄ | Efficiency Ratio (%) | 55.5% | 56.4% | 60.2% | 57.8% | 59.1% | 58.5% | 61.3% | 58.1% |
| █▅▄▃▄▅▁▁ | Cost of Funds (%) | 3.40% | 3.05% | 2.89% | 2.77% | 2.89% | 2.94% | 2.47% | 2.47% |
| ▅▁▂█▃▂▂▁ | NPA / Assets (%) | 1.32% | 0.79% | 1.02% | 1.77% | 1.13% | 1.03% | 0.97% | 0.90% |
| ▆▁▃█▂▁▁▁ | Net Charge-Off Ratio (%) | 1.58% | 0.91% | 1.16% | 2.00% | 1.09% | 0.92% | 0.84% | 0.81% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $49 | $50 | $51 | $53 | $54 | $57 | $58 | $59 |
| ▁▁▁▅▅▆██ | Gross Loans ($M) | $549 | $557 | $560 | $612 | $610 | $616 | $640 | $652 |
| ▃▁▁▄▇▃▅█ | Total Deposits ($M) | $556 | $536 | $536 | $567 | $592 | $558 | $570 | $601 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 41% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |