Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.09 | 0.96% |
| Return on Equity (%) | ▲ | 11.48% | +0.20 | 11.28% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.09 | 3.51% |
| Efficiency Ratio (%) | ▲ | 59.17% | -2.61 | 61.78% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.54 | $4 |
| Cost of Funds (%) | ▼ | 1.88% | +0.04 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,350 | +164.18 | $1,186 |
| Gross Loans ($M) | ▲ | $988 | +106.45 | $881 |
| Loan Growth YoY (%) | ▼ | 79.88% | -0.66 | 80.54% |
| Total Deposits ($M) | ▲ | $1,223 | +139.97 | $1,083 |
| Shareholders Equity ($M) | ▲ | $122 | +23.77 | $99 |
| Tang. Book Value ($M) | ▲ | $119 | +23.80 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $123 | +23.42 | $100 |
| Loan / Deposit Ratio (%) | ▼ | 79.88% | -0.66 | 80.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.12% | 0.07% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.99% | +1.23 | 11.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▇▇▇██ | Net Interest Margin (%) | 3.21% | 3.27% | 3.51% | 3.51% | 3.54% | 3.55% | 3.60% | 3.60% |
| ▁▂▃▄▅▆█▆ | Return on Assets (%) | 0.85% | 0.91% | 0.95% | 0.96% | 1.01% | 1.03% | 1.12% | 1.05% |
| █▇▇▅▄▃▁▃ | Efficiency Ratio (%) | 65.2% | 63.9% | 63.1% | 61.8% | 60.5% | 59.5% | 56.4% | 59.2% |
| █▆▂▂▆▂▁▃ | Cost of Funds (%) | 2.19% | 2.08% | 1.87% | 1.84% | 2.07% | 1.87% | 1.76% | 1.88% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% |
| ▁▁▂▂▄▇██ | Tang. Book Value ($M) | $88 | $90 | $93 | $95 | $100 | $112 | $116 | $119 |
| ▁▁▃▃▅▆██ | Gross Loans ($M) | $818 | $838 | $864 | $881 | $912 | $945 | $969 | $988 |
| ▁▁▁▄▄▆▆█ | Total Deposits ($M) | $1,003 | $991 | $1,005 | $1,083 | $1,100 | $1,156 | $1,153 | $1,223 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 22% |