Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.07 | 1.61% |
| Return on Equity (%) | ▼ | 13.21% | -0.12 | 13.33% |
| Net Interest Margin (%) | ▲ | 4.73% | +0.13 | 4.60% |
| Efficiency Ratio (%) | ▲ | 53.61% | -2.78 | 56.39% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.47 | $4 |
| Cost of Funds (%) | ▼ | 1.01% | +0.05 | 0.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $839 | +62.33 | $776 |
| Gross Loans ($M) | ▲ | $639 | +76.27 | $562 |
| Loan Growth YoY (%) | ▲ | 87.14% | +4.26 | 82.88% |
| Total Deposits ($M) | ▲ | $723 | +54.55 | $668 |
| Shareholders Equity ($M) | ▲ | $107 | +11.10 | $96 |
| Tang. Book Value ($M) | ▲ | $107 | +11.13 | $96 |
| TBV excl. AOCI ($M)** | ▲ | $111 | +10.73 | $100 |
| Loan / Deposit Ratio (%) | ▲ | 87.14% | +4.26 | 82.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.01 | 0.10% |
| Allowance / Loans (%) | — | 1.34% | -0.13% | 1.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.05 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.05% | -0.94 | 16.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▃▄▅▄▆ | Net Interest Margin (%) | 4.83% | 4.81% | 4.47% | 4.60% | 4.64% | 4.69% | 4.65% | 4.73% |
| █▆▁▃▂▆█▇ | Return on Assets (%) | 1.71% | 1.67% | 1.58% | 1.61% | 1.61% | 1.67% | 1.71% | 1.68% |
| ▁▁█▅▄▂▂▁ | Efficiency Ratio (%) | 53.2% | 53.4% | 59.0% | 56.4% | 55.6% | 54.4% | 54.0% | 53.6% |
| ▁█▃▂▃▃▃▆ | Cost of Funds (%) | 0.95% | 1.04% | 0.98% | 0.96% | 0.98% | 0.98% | 0.97% | 1.01% |
| ▄▃▃▁█▇▁▁ | NPA / Assets (%) | 0.15% | 0.13% | 0.14% | 0.10% | 0.21% | 0.18% | 0.11% | 0.10% |
| █▆▇▄█▆▁▁ | Net Charge-Off Ratio (%) | 0.20% | 0.17% | 0.19% | 0.13% | 0.21% | 0.17% | 0.08% | 0.08% |
| ▁▁▂▄▅▆██ | Tang. Book Value ($M) | $90 | $89 | $93 | $96 | $100 | $102 | $105 | $107 |
| ▂▂▁▁▃▇▆█ | Gross Loans ($M) | $578 | $578 | $563 | $562 | $585 | $627 | $619 | $639 |
| ▁▁▂▃▄▆▇█ | Total Deposits ($M) | $650 | $653 | $667 | $668 | $680 | $700 | $707 | $723 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 6% |