Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.06% | +0.36 | 1.70% |
| Return on Equity (%) | ▲ | 13.93% | +1.45 | 12.48% |
| Net Interest Margin (%) | ▲ | 4.94% | +0.08 | 4.86% |
| Efficiency Ratio (%) | ▲ | 48.19% | -2.98 | 51.17% |
| Pre-Provision Profit ($M) | ▲ | $15 | +1.60 | $13 |
| Cost of Funds (%) | ▼ | 1.70% | +0.07 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,165 | +119.30 | $2,045 |
| Gross Loans ($M) | ▲ | $1,365 | +9.22 | $1,356 |
| Loan Growth YoY (%) | ▼ | 74.29% | -5.44 | 79.73% |
| Total Deposits ($M) | ▲ | $1,778 | +129.84 | $1,648 |
| Shareholders Equity ($M) | ▲ | $320 | +35.05 | $285 |
| Tang. Book Value ($M) | ▲ | $314 | +35.91 | $278 |
| TBV excl. AOCI ($M)** | ▲ | $342 | +35.43 | $307 |
| Loan / Deposit Ratio (%) | ▼ | 74.29% | -5.44 | 79.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.39% | -0.15 | 0.54% |
| Allowance / Loans (%) | — | 3.21% | 0.15% | 3.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.30 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇████ | Net Interest Margin (%) | 4.33% | 4.44% | 4.74% | 4.86% | 4.94% | 5.02% | 4.97% | 4.94% |
| ▁▁▄▄▄▅▇█ | Return on Assets (%) | 1.47% | 1.48% | 1.69% | 1.70% | 1.72% | 1.78% | 1.95% | 2.06% |
| █▇▅▄▃▃▁▁ | Efficiency Ratio (%) | 54.7% | 53.7% | 52.0% | 51.2% | 49.9% | 50.5% | 48.1% | 48.2% |
| ██▄▃▄▄▁▆ | Cost of Funds (%) | 1.76% | 1.77% | 1.65% | 1.63% | 1.65% | 1.66% | 1.56% | 1.70% |
| ▁█▁▄▆▃▃▁ | NPA / Assets (%) | 0.41% | 0.74% | 0.43% | 0.54% | 0.62% | 0.49% | 0.49% | 0.39% |
| ▂█▃▅▆▃▃▁ | Net Charge-Off Ratio (%) | 0.60% | 1.01% | 0.61% | 0.77% | 0.86% | 0.67% | 0.67% | 0.47% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $261 | $259 | $270 | $278 | $292 | $302 | $305 | $314 |
| ▁▃▃▅█▆▇▆ | Gross Loans ($M) | $1,285 | $1,323 | $1,323 | $1,356 | $1,401 | $1,367 | $1,374 | $1,365 |
| ▁▁▄▅▆▆██ | Total Deposits ($M) | $1,521 | $1,503 | $1,628 | $1,648 | $1,699 | $1,682 | $1,773 | $1,778 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 11% |