Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.25 | 0.46% |
| Return on Equity (%) | ▲ | 10.25% | +2.94 | 7.31% |
| Net Interest Margin (%) | ▲ | 3.20% | +0.50 | 2.70% |
| Efficiency Ratio (%) | ▲ | 70.36% | -7.80 | 78.15% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.36 | $2 |
| Cost of Funds (%) | ▲ | 1.56% | -0.27 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,010 | +63.66 | $946 |
| Gross Loans ($M) | ▲ | $655 | +46.88 | $608 |
| Loan Growth YoY (%) | ▼ | 69.99% | -0.57 | 70.56% |
| Total Deposits ($M) | ▲ | $927 | +73.54 | $853 |
| Shareholders Equity ($M) | ▲ | $72 | +9.45 | $63 |
| Tang. Book Value ($M) | ▲ | $72 | +9.62 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +8.82 | $74 |
| Loan / Deposit Ratio (%) | ▼ | 69.99% | -0.57 | 70.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.11 | 0.18% |
| Allowance / Loans (%) | — | 0.96% | -0.02% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.17 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.93% | -0.33 | 12.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 2.28% | 2.34% | 2.56% | 2.70% | 2.81% | 2.88% | 2.99% | 3.20% |
| ▁▁▃▄▅▇▅█ | Return on Assets (%) | 0.27% | 0.30% | 0.38% | 0.46% | 0.53% | 0.61% | 0.55% | 0.72% |
| ██▆▄▃▂▃▁ | Efficiency Ratio (%) | 87.0% | 85.6% | 80.9% | 78.2% | 75.9% | 73.5% | 75.4% | 70.4% |
| █▅▇▅▄▁▃▁ | Cost of Funds (%) | 2.06% | 1.83% | 1.96% | 1.83% | 1.79% | 1.55% | 1.72% | 1.56% |
| ▃▆█▄▃▂▃▁ | NPA / Assets (%) | 0.14% | 0.21% | 0.28% | 0.18% | 0.13% | 0.12% | 0.13% | 0.07% |
| ▃▆█▄▃▂▃▁ | Net Charge-Off Ratio (%) | 0.22% | 0.33% | 0.46% | 0.27% | 0.20% | 0.19% | 0.21% | 0.11% |
| ▃▁▂▃▅▇▇█ | Tang. Book Value ($M) | $61 | $56 | $60 | $62 | $66 | $69 | $69 | $72 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $588 | $604 | $601 | $608 | $624 | $637 | $645 | $655 |
| ▁▄▄▃▄█▇▇ | Total Deposits ($M) | $819 | $873 | $873 | $853 | $874 | $954 | $923 | $927 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 12% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |