Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.49% | +0.01 | 0.47% |
| Return on Equity (%) | ▼ | 4.64% | -0.39 | 5.03% |
| Net Interest Margin (%) | ▲ | 2.70% | +0.21 | 2.49% |
| Efficiency Ratio (%) | ▼ | 76.71% | +0.40 | 76.31% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.08 | $2 |
| Cost of Funds (%) | ▲ | 1.88% | -0.11 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,007 | -37.25 | $1,044 |
| Gross Loans ($M) | ▼ | $828 | -45.54 | $874 |
| Loan Growth YoY (%) | ▼ | 100.04% | -7.50 | 107.54% |
| Total Deposits ($M) | ▲ | $823 | +14.93 | $808 |
| Shareholders Equity ($M) | ▲ | $108 | +8.39 | $100 |
| Tang. Book Value ($M) | ▲ | $100 | +8.39 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +8.69 | $97 |
| Loan / Deposit Ratio (%) | ▼ | 100.04% | -7.50 | 107.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.05 | 0.38% |
| Allowance / Loans (%) | — | 0.64% | 0.05% | 0.59% |
| Net Charge-Off Ratio (%) | ▲ | 0.40% | -0.05 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.33% | +1.10 | 15.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 2.19% | 2.21% | 2.46% | 2.49% | 2.53% | 2.53% | 2.64% | 2.70% |
| ▁▁▆▇██▇█ | Return on Assets (%) | 0.25% | 0.25% | 0.42% | 0.47% | 0.51% | 0.50% | 0.48% | 0.49% |
| ██▃▂▁▁▃▂ | Efficiency Ratio (%) | 87.4% | 87.1% | 79.2% | 76.3% | 74.4% | 75.5% | 77.6% | 76.7% |
| █▇▅▄▅▅▁▂ | Cost of Funds (%) | 2.17% | 2.11% | 2.01% | 1.99% | 2.04% | 2.01% | 1.83% | 1.88% |
| ▆▂▄█▁▂▇▆ | NPA / Assets (%) | 0.31% | 0.24% | 0.26% | 0.38% | 0.19% | 0.24% | 0.35% | 0.33% |
| ▆▂▄█▁▃█▇ | Net Charge-Off Ratio (%) | 0.37% | 0.28% | 0.32% | 0.45% | 0.23% | 0.29% | 0.43% | 0.40% |
| ▁▁▃▄▅▇██ | Tang. Book Value ($M) | $86 | $88 | $90 | $92 | $94 | $98 | $99 | $100 |
| ▆▇██▇▄▂▁ | Gross Loans ($M) | $858 | $866 | $872 | $874 | $867 | $846 | $838 | $828 |
| ▁▆▁▃▇██▆ | Total Deposits ($M) | $799 | $819 | $799 | $808 | $825 | $830 | $827 | $823 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 15% |