Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.07 | 1.06% |
| Return on Equity (%) | ▲ | 13.03% | +0.97 | 12.06% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.23 | 3.23% |
| Efficiency Ratio (%) | ▲ | 54.46% | -3.47 | 57.93% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.11 | $5 |
| Cost of Funds (%) | ▲ | 2.56% | -0.32 | 2.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,397 | +135.11 | $1,262 |
| Gross Loans ($M) | ▲ | $1,187 | +123.02 | $1,064 |
| Loan Growth YoY (%) | ▲ | 95.71% | +0.90 | 94.81% |
| Total Deposits ($M) | ▲ | $1,225 | +116.24 | $1,109 |
| Shareholders Equity ($M) | ▲ | $120 | +11.83 | $108 |
| Tang. Book Value ($M) | ▲ | $116 | +11.86 | $104 |
| TBV excl. AOCI ($M)** | ▲ | $118 | +11.50 | $106 |
| Loan / Deposit Ratio (%) | ▲ | 95.71% | +0.90 | 94.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.41% | -0.01 | 1.42% |
| Allowance / Loans (%) | — | 1.20% | 0.03% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.45% | +0.52 | 0.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.52% | -0.12 | 11.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▄▅▆█ | Net Interest Margin (%) | 3.14% | 3.20% | 3.16% | 3.23% | 3.28% | 3.33% | 3.38% | 3.46% |
| ▆▆▁▃▅▆█▆ | Return on Assets (%) | 1.16% | 1.13% | 0.96% | 1.06% | 1.10% | 1.13% | 1.23% | 1.13% |
| ▁▁█▅▅▅▁▁ | Efficiency Ratio (%) | 54.5% | 54.7% | 60.1% | 57.9% | 57.3% | 57.3% | 54.6% | 54.5% |
| █▇▇▆▅▅▂▁ | Cost of Funds (%) | 3.01% | 2.95% | 2.92% | 2.87% | 2.81% | 2.81% | 2.62% | 2.56% |
| ▃▂▃▁▇█▅▁ | NPA / Assets (%) | 1.54% | 1.46% | 1.53% | 1.42% | 1.71% | 1.77% | 1.62% | 1.41% |
| ▆▄▁▁▅█▇▆ | Net Charge-Off Ratio (%) | 1.50% | 1.24% | 0.88% | 0.93% | 1.33% | 1.75% | 1.64% | 1.45% |
| ▁▃▄▄▅▆██ | Tang. Book Value ($M) | $96 | $103 | $104 | $104 | $107 | $110 | $114 | $116 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $992 | $1,017 | $1,034 | $1,064 | $1,093 | $1,124 | $1,145 | $1,187 |
| ▁▁▃▄▅▆▇█ | Total Deposits ($M) | $1,026 | $1,032 | $1,078 | $1,109 | $1,144 | $1,157 | $1,189 | $1,225 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 27% |