Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.24 | 0.90% |
| Return on Equity (%) | ▲ | 8.15% | +0.72 | 7.43% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.43 | 3.37% |
| Efficiency Ratio (%) | ▲ | 60.49% | -5.17 | 65.66% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.82 | $4 |
| Cost of Funds (%) | ▲ | 0.76% | -0.33 | 1.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,284 | -44.17 | $1,328 |
| Gross Loans ($M) | ▼ | $749 | -13.40 | $763 |
| Loan Growth YoY (%) | ▼ | 70.42% | -2.28 | 72.70% |
| Total Deposits ($M) | ▲ | $1,037 | +14.10 | $1,023 |
| Shareholders Equity ($M) | ▲ | $185 | +23.03 | $162 |
| Tang. Book Value ($M) | ▲ | $185 | +23.03 | $162 |
| TBV excl. AOCI ($M)** | ▲ | $207 | +22.32 | $185 |
| Loan / Deposit Ratio (%) | ▼ | 70.42% | -2.28 | 72.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.20 | 0.01% |
| Allowance / Loans (%) | — | 2.48% | 0.04% | 2.43% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.34 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▂▃██ | Net Interest Margin (%) | 3.38% | 3.41% | 3.33% | 3.37% | 3.44% | 3.51% | 3.77% | 3.81% |
| ▂▁▁▂▃▄▇█ | Return on Assets (%) | 0.87% | 0.83% | 0.82% | 0.90% | 0.91% | 0.96% | 1.08% | 1.14% |
| ▆█▇▆▆▇▂▁ | Efficiency Ratio (%) | 66.3% | 68.5% | 67.3% | 65.7% | 65.5% | 67.2% | 61.6% | 60.5% |
| ▇▇██▆▆▃▁ | Cost of Funds (%) | 1.03% | 1.04% | 1.10% | 1.09% | 0.98% | 0.98% | 0.87% | 0.76% |
| ▄▁▁▁▁▁██ | NPA / Assets (%) | 0.09% | 0.03% | 0.01% | 0.01% | 0.01% | 0.02% | 0.21% | 0.21% |
| ▄▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.17% | 0.04% | 0.02% | 0.02% | 0.02% | 0.04% | 0.36% | 0.36% |
| ▄▁▂▂▆█▇█ | Tang. Book Value ($M) | $168 | $155 | $160 | $162 | $176 | $182 | $179 | $185 |
| ▁▅▅█▇▇▇▆ | Gross Loans ($M) | $717 | $741 | $745 | $763 | $752 | $753 | $753 | $749 |
| ▁▂▃▃█▅▇▇ | Total Deposits ($M) | $1,010 | $1,015 | $1,023 | $1,023 | $1,046 | $1,030 | $1,041 | $1,037 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 6% |