Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.76% | +0.08 | 0.68% |
| Return on Equity (%) | ▼ | 7.07% | -0.47 | 7.54% |
| Net Interest Margin (%) | ▲ | 3.10% | +0.23 | 2.87% |
| Efficiency Ratio (%) | ▲ | 70.92% | -3.44 | 74.35% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.41 | $4 |
| Cost of Funds (%) | ▲ | 1.56% | -0.22 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,845 | +121.05 | $1,724 |
| Gross Loans ($M) | ▲ | $1,325 | +25.32 | $1,300 |
| Loan Growth YoY (%) | ▼ | 81.91% | -2.17 | 84.07% |
| Total Deposits ($M) | ▲ | $1,609 | +70.43 | $1,539 |
| Shareholders Equity ($M) | ▲ | $210 | +51.55 | $159 |
| Tang. Book Value ($M) | ▲ | $191 | +52.18 | $139 |
| TBV excl. AOCI ($M)** | ▲ | $208 | +56.46 | $152 |
| Loan / Deposit Ratio (%) | ▼ | 81.91% | -2.17 | 84.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.18% | +0.82 | 0.35% |
| Allowance / Loans (%) | — | 0.52% | 0.07% | 0.45% |
| Net Charge-Off Ratio (%) | ▼ | 1.64% | +1.17 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.22% | +3.39 | 12.83% |
Noninterest income ($2.83M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▄▆█ | Net Interest Margin (%) | 2.82% | 2.80% | 2.83% | 2.87% | 2.92% | 2.95% | 3.00% | 3.10% |
| ▁▃▂▅▆▅▇█ | Return on Assets (%) | 0.56% | 0.61% | 0.61% | 0.68% | 0.70% | 0.68% | 0.71% | 0.76% |
| ▃█▃▃▂▃▂▁ | Efficiency Ratio (%) | 75.5% | 84.5% | 74.6% | 74.4% | 73.6% | 75.1% | 73.6% | 70.9% |
| █▇▅▅▅▄▁▁ | Cost of Funds (%) | 2.02% | 1.94% | 1.82% | 1.78% | 1.79% | 1.73% | 1.55% | 1.56% |
| ▁▂▁▁▁▂▂█ | NPA / Assets (%) | 0.42% | 0.48% | 0.38% | 0.35% | 0.39% | 0.54% | 0.56% | 1.18% |
| ▁▂▁▁▁▂▃█ | Net Charge-Off Ratio (%) | 0.55% | 0.64% | 0.51% | 0.47% | 0.52% | 0.71% | 0.76% | 1.64% |
| ▁▁▁▂▃▃██ | Tang. Book Value ($M) | $129 | $131 | $136 | $139 | $144 | $148 | $190 | $191 |
| ▁▂▃▄▅▇█▇ | Gross Loans ($M) | $1,255 | $1,275 | $1,286 | $1,300 | $1,304 | $1,332 | $1,345 | $1,325 |
| ▁▄▆▅▅▅██ | Total Deposits ($M) | $1,436 | $1,515 | $1,553 | $1,539 | $1,523 | $1,540 | $1,607 | $1,609 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 14% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 6% |