Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.23 | 0.83% |
| Return on Equity (%) | ▲ | 10.17% | +1.85 | 8.32% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.38 | 3.46% |
| Efficiency Ratio (%) | ▲ | 66.42% | -5.02 | 71.44% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.42 | $5 |
| Cost of Funds (%) | ▲ | 1.50% | -0.10 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,656 | +138.44 | $1,518 |
| Gross Loans ($M) | ▲ | $1,180 | +68.38 | $1,111 |
| Loan Growth YoY (%) | ▲ | 84.35% | +0.84 | 83.50% |
| Total Deposits ($M) | ▲ | $1,386 | +67.03 | $1,319 |
| Shareholders Equity ($M) | ▲ | $170 | +17.18 | $153 |
| Tang. Book Value ($M) | ▲ | $160 | +17.22 | $142 |
| TBV excl. AOCI ($M)** | ▲ | $176 | +20.14 | $156 |
| Loan / Deposit Ratio (%) | ▲ | 84.35% | +0.84 | 83.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.08 | 0.13% |
| Allowance / Loans (%) | — | 0.89% | 0.01% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.29% | +0.13 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.22% | -1.06 | 15.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅██ | Net Interest Margin (%) | 3.28% | 3.29% | 3.30% | 3.46% | 3.54% | 3.62% | 3.82% | 3.83% |
| ▇▇▅▇▁▃██ | Return on Assets (%) | 0.92% | 0.86% | 0.56% | 0.83% | 0.05% | 0.36% | 1.02% | 1.06% |
| ▁▁█▄▂▂▁▁ | Efficiency Ratio (%) | 65.3% | 66.5% | 79.6% | 71.4% | 68.8% | 67.2% | 66.7% | 66.4% |
| ██▄▃▂▂▁▁ | Cost of Funds (%) | 2.09% | 2.09% | 1.72% | 1.60% | 1.58% | 1.55% | 1.42% | 1.50% |
| ▁▁▂▁▂█▄▄ | NPA / Assets (%) | 0.14% | 0.12% | 0.16% | 0.13% | 0.15% | 0.34% | 0.21% | 0.20% |
| ▁▁▂▁▁█▄▄ | Net Charge-Off Ratio (%) | 0.19% | 0.16% | 0.22% | 0.16% | 0.19% | 0.46% | 0.29% | 0.29% |
| ▁▁▁▃▅▆▇█ | Tang. Book Value ($M) | $136 | $135 | $137 | $142 | $147 | $153 | $155 | $160 |
| ▁▂▂▄▆▇▇█ | Gross Loans ($M) | $1,066 | $1,094 | $1,089 | $1,111 | $1,143 | $1,162 | $1,158 | $1,180 |
| ▇▁▁▃▅▅██ | Total Deposits ($M) | $1,368 | $1,298 | $1,294 | $1,319 | $1,344 | $1,348 | $1,383 | $1,386 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Consumer | 3% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 7% |