Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.38 | 0.85% |
| Return on Equity (%) | ▲ | 14.30% | +3.71 | 10.59% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.37 | 4.06% |
| Efficiency Ratio (%) | ▲ | 62.91% | -4.31 | 67.23% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.78 | $3 |
| Cost of Funds (%) | ▲ | 1.47% | -0.25 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $850 | +59.63 | $790 |
| Gross Loans ($M) | ▲ | $712 | +66.23 | $645 |
| Loan Growth YoY (%) | ▲ | 98.19% | +5.21 | 92.98% |
| Total Deposits ($M) | ▲ | $719 | +30.39 | $688 |
| Shareholders Equity ($M) | ▲ | $73 | +7.90 | $65 |
| Tang. Book Value ($M) | ▲ | $67 | +8.06 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +8.11 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 98.19% | +5.21 | 92.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.79% | +0.17 | 0.63% |
| Allowance / Loans (%) | — | 0.86% | -0.01% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.85% | +0.21 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.58% | -0.05 | 10.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.70% | 3.75% | 3.94% | 4.06% | 4.15% | 4.21% | 4.36% | 4.43% |
| ▁▁▂▃▃▅██ | Return on Assets (%) | 0.71% | 0.75% | 0.79% | 0.85% | 0.90% | 1.01% | 1.24% | 1.23% |
| █▆▅▄▃▁▁▁ | Efficiency Ratio (%) | 73.4% | 70.7% | 69.4% | 67.2% | 65.7% | 64.2% | 64.1% | 62.9% |
| ██▅▄▄▃▁▁ | Cost of Funds (%) | 1.98% | 1.93% | 1.77% | 1.72% | 1.69% | 1.62% | 1.52% | 1.47% |
| ▁█▆▆▆▆▆█ | NPA / Assets (%) | 0.16% | 0.72% | 0.61% | 0.63% | 0.56% | 0.62% | 0.60% | 0.79% |
| ▁█▆▆▅▆▆█ | Net Charge-Off Ratio (%) | 0.20% | 0.80% | 0.63% | 0.64% | 0.60% | 0.65% | 0.63% | 0.85% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $55 | $55 | $58 | $59 | $62 | $64 | $66 | $67 |
| ▁▁▁▃▃▆▇█ | Gross Loans ($M) | $619 | $628 | $625 | $645 | $648 | $682 | $691 | $712 |
| ▁▁▃▄▆▆▇█ | Total Deposits ($M) | $667 | $667 | $682 | $688 | $700 | $699 | $707 | $719 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 5% |
| Consumer | 22% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |