Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.03 | 1.08% |
| Return on Equity (%) | ▼ | 9.59% | -0.93 | 10.52% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.30 | 3.58% |
| Efficiency Ratio (%) | ▼ | 68.04% | +2.12 | 65.93% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.68 | $5 |
| Cost of Funds (%) | ▲ | 0.88% | -0.17 | 1.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,382 | +40.74 | $1,341 |
| Gross Loans ($M) | ▲ | $853 | +7.50 | $846 |
| Loan Growth YoY (%) | ▼ | 69.54% | -0.65 | 70.19% |
| Total Deposits ($M) | ▲ | $1,209 | +24.16 | $1,185 |
| Shareholders Equity ($M) | ▲ | $162 | +16.49 | $146 |
| Tang. Book Value ($M) | ▲ | $162 | +16.49 | $146 |
| TBV excl. AOCI ($M)** | ▲ | $180 | +14.91 | $165 |
| Loan / Deposit Ratio (%) | ▼ | 69.54% | -0.65 | 70.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.79% | +0.03 | 0.77% |
| Allowance / Loans (%) | — | 1.45% | -0.20% | 1.65% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +0.07 | 1.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.75% | +0.90 | 23.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▇██ | Net Interest Margin (%) | 3.06% | 3.12% | 3.47% | 3.58% | 3.70% | 3.74% | 3.80% | 3.88% |
| ▁▂▆▇██▄█ | Return on Assets (%) | 0.79% | 0.84% | 1.03% | 1.08% | 1.13% | 1.15% | 0.96% | 1.11% |
| █▆▂▁▁▁█▄ | Efficiency Ratio (%) | 71.9% | 70.6% | 66.6% | 65.9% | 65.4% | 65.2% | 72.6% | 68.0% |
| █▆▄▃▃▂▁▁ | Cost of Funds (%) | 1.40% | 1.24% | 1.13% | 1.06% | 1.03% | 0.94% | 0.87% | 0.88% |
| ▆▅█▇▁▃▇█ | NPA / Assets (%) | 0.72% | 0.64% | 0.82% | 0.77% | 0.44% | 0.56% | 0.74% | 0.79% |
| ▆▅█▇▁▃▇█ | Net Charge-Off Ratio (%) | 1.14% | 1.05% | 1.33% | 1.21% | 0.69% | 0.89% | 1.21% | 1.28% |
| ▂▁▂▄▆█▇█ | Tang. Book Value ($M) | $141 | $134 | $140 | $146 | $153 | $160 | $158 | $162 |
| ▃▁▂▅█▆██ | Gross Loans ($M) | $840 | $834 | $837 | $846 | $852 | $848 | $853 | $853 |
| ▂█▇▃▁▅▇▆ | Total Deposits ($M) | $1,174 | $1,227 | $1,215 | $1,185 | $1,161 | $1,195 | $1,218 | $1,209 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 7% |