Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.32 | 1.05% |
| Return on Equity (%) | ▲ | 12.40% | +1.96 | 10.44% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.57 | 2.97% |
| Efficiency Ratio (%) | ▲ | 46.20% | -5.60 | 51.80% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.67 | $3 |
| Cost of Funds (%) | ▲ | 1.45% | -0.22 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $695 | -0.61 | $696 |
| Gross Loans ($M) | ▲ | $524 | +30.81 | $493 |
| Loan Growth YoY (%) | ▲ | 84.33% | +5.93 | 78.40% |
| Total Deposits ($M) | ▼ | $616 | -8.13 | $625 |
| Shareholders Equity ($M) | ▲ | $76 | +7.41 | $69 |
| Tang. Book Value ($M) | ▲ | $76 | +7.41 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +6.56 | $75 |
| Loan / Deposit Ratio (%) | ▲ | 84.33% | +5.93 | 78.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.42 | 0.02% |
| Allowance / Loans (%) | — | 0.71% | 0.09% | 0.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.56 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.55% | +0.73 | 13.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▅▆██ | Net Interest Margin (%) | 2.66% | 2.75% | 2.89% | 2.97% | 3.15% | 3.27% | 3.52% | 3.55% |
| ▁▁▁▂▅▆██ | Return on Assets (%) | 0.96% | 0.99% | 0.94% | 1.05% | 1.19% | 1.22% | 1.33% | 1.37% |
| ███▅▂▂▁▁ | Efficiency Ratio (%) | 54.9% | 55.7% | 54.9% | 51.8% | 48.3% | 48.4% | 47.0% | 46.2% |
| ▆██▆▃▄▂▁ | Cost of Funds (%) | 1.65% | 1.74% | 1.71% | 1.67% | 1.56% | 1.56% | 1.49% | 1.45% |
| ▁▆▁▁▁██▇ | NPA / Assets (%) | 0.00% | 0.33% | 0.00% | 0.02% | 0.00% | 0.53% | 0.51% | 0.44% |
| ▁▆▁▁▁██▇ | Net Charge-Off Ratio (%) | 0.00% | 0.49% | 0.00% | 0.03% | 0.00% | 0.71% | 0.66% | 0.59% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $65 | $66 | $67 | $69 | $71 | $73 | $75 | $76 |
| ▁▁▃▅▅▆██ | Gross Loans ($M) | $446 | $448 | $473 | $493 | $487 | $496 | $516 | $524 |
| ▄▁▁▅█▂▁▄ | Total Deposits ($M) | $614 | $590 | $588 | $625 | $651 | $593 | $583 | $616 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |