Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.19% | -0.45 | 2.64% |
| Return on Equity (%) | ▼ | 14.66% | -2.69 | 17.35% |
| Net Interest Margin (%) | ▼ | 5.26% | -0.32 | 5.58% |
| Efficiency Ratio (%) | ▼ | 39.24% | +2.39 | 36.84% |
| Pre-Provision Profit ($M) | ▼ | $10 | -1.59 | $11 |
| Cost of Funds (%) | ▼ | 2.12% | +0.01 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,456 | +133.38 | $1,323 |
| Gross Loans ($M) | ▲ | $1,205 | +39.31 | $1,165 |
| Loan Growth YoY (%) | ▼ | 104.55% | -13.15 | 117.70% |
| Total Deposits ($M) | ▲ | $1,140 | +160.41 | $980 |
| Shareholders Equity ($M) | ▲ | $219 | +8.32 | $210 |
| Tang. Book Value ($M) | ▲ | $208 | +8.99 | $199 |
| TBV excl. AOCI ($M)** | ▲ | $209 | +9.37 | $200 |
| Loan / Deposit Ratio (%) | ▼ | 104.55% | -13.15 | 117.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.40% | +0.26 | 2.14% |
| Allowance / Loans (%) | — | 1.02% | 0.00% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 2.49% | +0.19 | 2.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.20% | -1.01 | 24.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅█▄█▅▅▆▁ | Net Interest Margin (%) | 5.47% | 5.61% | 5.44% | 5.58% | 5.47% | 5.46% | 5.51% | 5.26% |
| ▇█▇▇▇▇▃▁ | Return on Assets (%) | 2.68% | 2.78% | 2.67% | 2.64% | 2.68% | 2.65% | 2.40% | 2.19% |
| ▆▅▁▅▅▅▆█ | Efficiency Ratio (%) | 37.2% | 36.3% | 33.2% | 36.8% | 36.9% | 36.7% | 37.1% | 39.2% |
| █▆▁█▆█▇█ | Cost of Funds (%) | 2.09% | 1.97% | 1.72% | 2.11% | 2.01% | 2.07% | 2.05% | 2.12% |
| ▄▁▁▃▄█▃▅ | NPA / Assets (%) | 2.33% | 1.63% | 1.55% | 2.14% | 2.27% | 3.21% | 1.98% | 2.40% |
| ▅▁▁▄▅█▂▅ | Net Charge-Off Ratio (%) | 2.56% | 1.73% | 1.70% | 2.30% | 2.50% | 3.28% | 1.91% | 2.49% |
| ▃▁▃▆█▃▆█ | Tang. Book Value ($M) | $191 | $183 | $192 | $199 | $208 | $192 | $200 | $208 |
| ▁▂▇▆▆███ | Gross Loans ($M) | $1,079 | $1,106 | $1,188 | $1,165 | $1,171 | $1,205 | $1,209 | $1,205 |
| ▁▂▅▃▄▆▇█ | Total Deposits ($M) | $926 | $956 | $1,053 | $980 | $1,016 | $1,064 | $1,091 | $1,140 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 45% |