Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.71% | -0.07 | 0.78% |
| Return on Equity (%) | ▼ | 7.63% | -0.93 | 8.56% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.19 | 3.05% |
| Efficiency Ratio (%) | ▲ | 67.64% | -3.22 | 70.86% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.97 | $3 |
| Cost of Funds (%) | ▲ | 2.43% | -0.42 | 2.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,344 | +266.64 | $1,078 |
| Gross Loans ($M) | ▲ | $1,032 | +216.56 | $815 |
| Loan Growth YoY (%) | ▼ | 87.44% | -6.20 | 93.64% |
| Total Deposits ($M) | ▲ | $1,166 | +305.56 | $861 |
| Shareholders Equity ($M) | ▲ | $127 | +28.80 | $98 |
| Tang. Book Value ($M) | ▲ | $127 | +28.80 | $98 |
| TBV excl. AOCI ($M)** | ▲ | $136 | +30.65 | $106 |
| Loan / Deposit Ratio (%) | ▼ | 87.44% | -6.20 | 93.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.06% | +0.52 | 0.54% |
| Allowance / Loans (%) | — | 1.16% | 0.02% | 1.14% |
| Net Charge-Off Ratio (%) | ▼ | 1.03% | +0.68 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.45% | -0.14 | 11.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▇██ | Net Interest Margin (%) | 2.78% | 2.83% | 3.03% | 3.05% | 3.06% | 3.16% | 3.28% | 3.24% |
| ▇█▆▇▆█▁▅ | Return on Assets (%) | 0.79% | 0.84% | 0.75% | 0.78% | 0.75% | 0.81% | 0.58% | 0.71% |
| ▁▁▇██▅▅▄ | Efficiency Ratio (%) | 64.8% | 64.5% | 69.3% | 70.9% | 70.2% | 67.9% | 68.4% | 67.6% |
| █▇▄▅▂▃▁▂ | Cost of Funds (%) | 3.35% | 3.11% | 2.73% | 2.85% | 2.49% | 2.63% | 2.28% | 2.43% |
| ▅▄▂▂▁▂▁█ | NPA / Assets (%) | 0.81% | 0.71% | 0.57% | 0.54% | 0.47% | 0.54% | 0.45% | 1.06% |
| █▄▄▂▁▃▁█ | Net Charge-Off Ratio (%) | 1.08% | 0.59% | 0.59% | 0.35% | 0.32% | 0.46% | 0.24% | 1.03% |
| ▁▁▁▂▆▇▇█ | Tang. Book Value ($M) | $93 | $94 | $96 | $98 | $117 | $121 | $122 | $127 |
| ▁▁▁▂▄▆██ | Gross Loans ($M) | $756 | $761 | $773 | $815 | $878 | $955 | $1,025 | $1,032 |
| ▁▁▃▂▇▆██ | Total Deposits ($M) | $804 | $847 | $925 | $861 | $1,089 | $1,070 | $1,184 | $1,166 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 31% |