Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.20 | 0.87% |
| Return on Equity (%) | ▲ | 12.47% | +1.33 | 11.14% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.19 | 3.12% |
| Efficiency Ratio (%) | ▲ | 59.17% | -4.64 | 63.81% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.46 | $6 |
| Cost of Funds (%) | ▲ | 1.88% | -0.23 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,979 | +112.57 | $1,867 |
| Gross Loans ($M) | ▲ | $1,543 | +108.70 | $1,435 |
| Loan Growth YoY (%) | ▲ | 91.08% | +3.23 | 87.85% |
| Total Deposits ($M) | ▲ | $1,678 | +59.85 | $1,619 |
| Shareholders Equity ($M) | ▲ | $171 | +23.25 | $148 |
| Tang. Book Value ($M) | ▲ | $166 | +23.32 | $142 |
| TBV excl. AOCI ($M)** | ▲ | $180 | +23.74 | $156 |
| Loan / Deposit Ratio (%) | ▲ | 91.08% | +3.23 | 87.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.95% | 0.06% | 0.89% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.27% | +0.41 | 10.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇█▇█ | Net Interest Margin (%) | 2.75% | 2.84% | 3.08% | 3.12% | 3.21% | 3.25% | 3.23% | 3.30% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | 0.64% | 0.68% | 0.83% | 0.87% | 0.92% | 0.93% | 1.05% | 1.07% |
| █▇▅▄▃▂▁▁ | Efficiency Ratio (%) | 69.9% | 68.4% | 64.8% | 63.8% | 62.8% | 61.4% | 60.0% | 59.2% |
| █▇▃▄▃▁▁▁ | Cost of Funds (%) | 2.49% | 2.34% | 2.10% | 2.11% | 2.10% | 1.95% | 1.93% | 1.88% |
| ▂▄▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
| ▂▄▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $132 | $132 | $138 | $142 | $150 | $156 | $161 | $166 |
| ▁▂▃▅▅▆▇█ | Gross Loans ($M) | $1,284 | $1,337 | $1,379 | $1,435 | $1,425 | $1,471 | $1,479 | $1,543 |
| ▁▁▅▆▅▄▅█ | Total Deposits ($M) | $1,477 | $1,466 | $1,573 | $1,619 | $1,592 | $1,557 | $1,597 | $1,678 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 11% |