Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.14 | 0.72% |
| Return on Equity (%) | ▲ | 7.35% | +0.64 | 6.71% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.38 | 3.33% |
| Efficiency Ratio (%) | ▲ | 69.70% | -3.60 | 73.31% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.87 | $3 |
| Cost of Funds (%) | ▲ | 1.52% | -0.32 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,310 | -12.21 | $1,322 |
| Gross Loans ($M) | ▼ | $979 | -35.92 | $1,015 |
| Loan Growth YoY (%) | ▼ | 97.01% | -3.41 | 100.42% |
| Total Deposits ($M) | ▼ | $1,001 | -0.16 | $1,001 |
| Shareholders Equity ($M) | ▲ | $157 | +11.45 | $145 |
| Tang. Book Value ($M) | ▲ | $157 | +11.45 | $145 |
| TBV excl. AOCI ($M)** | ▲ | $168 | +12.43 | $156 |
| Loan / Deposit Ratio (%) | ▼ | 97.01% | -3.41 | 100.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.35% | -0.38 | 0.73% |
| Allowance / Loans (%) | — | 0.80% | -0.13% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.46% | -0.48 | 0.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 3.14% | 3.17% | 3.22% | 3.33% | 3.42% | 3.48% | 3.59% | 3.71% |
| ▁▁▅▅▆▅▅█ | Return on Assets (%) | 0.54% | 0.54% | 0.72% | 0.72% | 0.76% | 0.73% | 0.73% | 0.87% |
| ██▅▄▂▁▂▁ | Efficiency Ratio (%) | 78.3% | 77.8% | 75.0% | 73.3% | 71.0% | 70.4% | 71.6% | 69.7% |
| █▆▅▅▄▂▁▁ | Cost of Funds (%) | 2.10% | 1.93% | 1.85% | 1.84% | 1.76% | 1.61% | 1.48% | 1.52% |
| ▁▁▂▇▆▅█▂ | NPA / Assets (%) | 0.25% | 0.18% | 0.31% | 0.73% | 0.67% | 0.58% | 0.87% | 0.35% |
| ▁▁▂▇▆▅█▃ | Net Charge-Off Ratio (%) | 0.32% | 0.23% | 0.41% | 0.95% | 0.88% | 0.76% | 1.16% | 0.46% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $139 | $137 | $142 | $145 | $149 | $152 | $154 | $157 |
| ▁▇▆█▇▄▃▁ | Gross Loans ($M) | $977 | $1,008 | $1,004 | $1,015 | $1,005 | $995 | $991 | $979 |
| ▁▂▃▅█▄▇▅ | Total Deposits ($M) | $976 | $981 | $988 | $1,001 | $1,018 | $993 | $1,012 | $1,001 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 5% |