Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.38% | +0.08 | 0.30% |
| Return on Equity (%) | ▲ | 4.02% | +0.70 | 3.32% |
| Net Interest Margin (%) | ▲ | 2.61% | +0.26 | 2.34% |
| Efficiency Ratio (%) | ▲ | 81.42% | -2.03 | 83.45% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.11 | $2 |
| Cost of Funds (%) | ▲ | 1.92% | -0.27 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,665 | +56.29 | $1,608 |
| Gross Loans ($M) | ▲ | $1,342 | +52.23 | $1,290 |
| Loan Growth YoY (%) | ▼ | 99.60% | -0.61 | 100.22% |
| Total Deposits ($M) | ▲ | $1,340 | +60.37 | $1,279 |
| Shareholders Equity ($M) | ▲ | $156 | +7.90 | $148 |
| Tang. Book Value ($M) | ▲ | $146 | +7.74 | $138 |
| TBV excl. AOCI ($M)** | ▲ | $153 | +8.22 | $145 |
| Loan / Deposit Ratio (%) | ▼ | 99.60% | -0.61 | 100.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.00 | 0.16% |
| Allowance / Loans (%) | — | 0.59% | -0.03% | 0.61% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.01 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.68% | -0.80 | 14.48% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 2.11% | 2.11% | 2.29% | 2.34% | 2.39% | 2.40% | 2.50% | 2.61% |
| ▁▁▆▆▇█▇█ | Return on Assets (%) | 0.14% | 0.16% | 0.31% | 0.30% | 0.32% | 0.35% | 0.32% | 0.38% |
| █▇▁▂▂▁▃▁ | Efficiency Ratio (%) | 92.5% | 90.5% | 82.6% | 83.5% | 83.0% | 82.7% | 85.6% | 81.4% |
| █▇▅▅▄▄▂▁ | Cost of Funds (%) | 2.45% | 2.37% | 2.21% | 2.19% | 2.16% | 2.15% | 1.99% | 1.92% |
| ▃█▂▂▁▁▁▂ | NPA / Assets (%) | 0.19% | 0.35% | 0.16% | 0.16% | 0.12% | 0.10% | 0.11% | 0.16% |
| ▃█▂▂▁▁▁▂ | Net Charge-Off Ratio (%) | 0.22% | 0.43% | 0.19% | 0.19% | 0.14% | 0.13% | 0.14% | 0.20% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $132 | $133 | $136 | $138 | $141 | $143 | $144 | $146 |
| █▅▄▂▃▃▁█ | Gross Loans ($M) | $1,337 | $1,312 | $1,304 | $1,290 | $1,298 | $1,301 | $1,280 | $1,342 |
| ▁▄▃▁▃▆██ | Total Deposits ($M) | $1,277 | $1,305 | $1,296 | $1,279 | $1,293 | $1,317 | $1,339 | $1,340 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 16% |