Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.39% | +0.28 | 0.10% |
| Return on Equity (%) | ▲ | 4.36% | +3.14 | 1.22% |
| Net Interest Margin (%) | ▲ | 2.86% | +0.23 | 2.63% |
| Efficiency Ratio (%) | ▲ | 88.78% | -7.29 | 96.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.43 | $0 |
| Cost of Funds (%) | ▲ | 2.31% | -0.17 | 2.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,574 | -41.93 | $1,616 |
| Gross Loans ($M) | ▼ | $1,309 | -34.00 | $1,343 |
| Loan Growth YoY (%) | ▲ | 102.69% | +2.51 | 100.18% |
| Total Deposits ($M) | ▼ | $1,258 | -64.27 | $1,322 |
| Shareholders Equity ($M) | ▲ | $143 | +3.80 | $139 |
| Tang. Book Value ($M) | ▲ | $142 | +3.97 | $138 |
| TBV excl. AOCI ($M)** | ▲ | $151 | +4.20 | $147 |
| Loan / Deposit Ratio (%) | ▲ | 102.69% | +2.51 | 100.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.53% | -0.60 | 2.13% |
| Allowance / Loans (%) | — | 1.28% | -0.06% | 1.33% |
| Net Charge-Off Ratio (%) | ▲ | 1.66% | -0.90 | 2.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.67% | +0.25 | 11.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▂▄▆▇█ | Net Interest Margin (%) | 2.65% | 2.62% | 2.55% | 2.63% | 2.68% | 2.75% | 2.82% | 2.86% |
| ▁▁▄▄▂▁▄█ | Return on Assets (%) | -0.16% | -0.10% | 0.05% | 0.10% | -0.05% | -0.15% | 0.09% | 0.39% |
| ▂▃▇██▇▄▁ | Efficiency Ratio (%) | 90.2% | 90.7% | 94.5% | 96.1% | 95.7% | 94.9% | 92.3% | 88.8% |
| ██▅▄▄▂▁▁ | Cost of Funds (%) | 2.72% | 2.74% | 2.55% | 2.48% | 2.48% | 2.37% | 2.29% | 2.31% |
| ▁▁▁▇█▅▅▄ | NPA / Assets (%) | 0.95% | 1.04% | 0.97% | 2.13% | 2.44% | 1.79% | 1.84% | 1.53% |
| ▁▁▁▇█▄▄▃ | Net Charge-Off Ratio (%) | 1.15% | 1.24% | 1.17% | 2.57% | 2.92% | 1.95% | 2.03% | 1.66% |
| ▂▁▂▄▄▄▅█ | Tang. Book Value ($M) | $136 | $135 | $136 | $138 | $138 | $138 | $138 | $142 |
| ██▆▅▆▃▁▁ | Gross Loans ($M) | $1,359 | $1,364 | $1,344 | $1,343 | $1,347 | $1,328 | $1,315 | $1,309 |
| █████▇▁▃ | Total Deposits ($M) | $1,322 | $1,321 | $1,329 | $1,322 | $1,318 | $1,312 | $1,229 | $1,258 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 18% |