Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.18 | 1.32% |
| Return on Equity (%) | ▲ | 11.44% | +1.05 | 10.39% |
| Net Interest Margin (%) | ▲ | 4.51% | +0.37 | 4.13% |
| Efficiency Ratio (%) | ▲ | 52.23% | -5.82 | 58.05% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.44 | $5 |
| Cost of Funds (%) | ▲ | 1.56% | -0.02 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,169 | +96.68 | $1,072 |
| Gross Loans ($M) | ▲ | $923 | +84.20 | $839 |
| Loan Growth YoY (%) | ▲ | 91.28% | +1.48 | 89.80% |
| Total Deposits ($M) | ▲ | $993 | +73.92 | $919 |
| Shareholders Equity ($M) | ▲ | $154 | +17.57 | $136 |
| Tang. Book Value ($M) | ▲ | $153 | +17.67 | $135 |
| TBV excl. AOCI ($M)** | ▲ | $161 | +17.86 | $144 |
| Loan / Deposit Ratio (%) | ▲ | 91.28% | +1.48 | 89.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.02 | 0.27% |
| Allowance / Loans (%) | — | 1.82% | 0.19% | 1.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.10 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▆██ | Net Interest Margin (%) | 3.81% | 3.86% | 3.97% | 4.13% | 4.25% | 4.31% | 4.50% | 4.51% |
| ▁▂▁▂▅█▆█ | Return on Assets (%) | 1.28% | 1.31% | 1.25% | 1.32% | 1.42% | 1.53% | 1.46% | 1.50% |
| █▇▆▅▄▃▁▁ | Efficiency Ratio (%) | 61.7% | 60.0% | 59.2% | 58.0% | 56.2% | 55.4% | 52.8% | 52.2% |
| ▄█▅▃▁▃▁▂ | Cost of Funds (%) | 1.62% | 1.74% | 1.63% | 1.58% | 1.54% | 1.60% | 1.52% | 1.56% |
| ▁▂▄▇▄▅█▆ | NPA / Assets (%) | 0.15% | 0.17% | 0.23% | 0.27% | 0.22% | 0.23% | 0.30% | 0.25% |
| ▁▂▆█▅▅▆▂ | Net Charge-Off Ratio (%) | 0.21% | 0.23% | 0.30% | 0.35% | 0.28% | 0.29% | 0.31% | 0.24% |
| ▁▁▂▂▅▇▇█ | Tang. Book Value ($M) | $132 | $131 | $134 | $135 | $143 | $148 | $149 | $153 |
| ▁▂▃▄▆▇██ | Gross Loans ($M) | $757 | $782 | $802 | $839 | $871 | $888 | $906 | $923 |
| ▁▁▂▃▆▆██ | Total Deposits ($M) | $898 | $894 | $918 | $919 | $960 | $961 | $986 | $993 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |