Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.12% | +0.09 | 1.03% |
| Return on Equity (%) | ▲ | 12.78% | +0.73 | 12.05% |
| Net Interest Margin (%) | ▲ | 2.79% | +0.06 | 2.73% |
| Efficiency Ratio (%) | ▲ | 53.04% | -3.42 | 56.46% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.88 | $4 |
| Cost of Funds (%) | ▲ | 2.08% | -0.18 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,172 | +101.02 | $1,071 |
| Gross Loans ($M) | ▲ | $752 | +14.89 | $737 |
| Loan Growth YoY (%) | ▼ | 75.15% | -7.47 | 82.62% |
| Total Deposits ($M) | ▲ | $989 | +108.05 | $881 |
| Shareholders Equity ($M) | ▲ | $104 | +9.45 | $95 |
| Tang. Book Value ($M) | ▲ | $104 | +9.45 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $118 | +11.67 | $106 |
| Loan / Deposit Ratio (%) | ▼ | 75.15% | -7.47 | 82.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.22 | 0.28% |
| Allowance / Loans (%) | — | 1.12% | -0.09% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.31 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.85% | +0.34 | 12.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅██▂█ | Net Interest Margin (%) | 2.64% | 2.64% | 2.69% | 2.73% | 2.77% | 2.77% | 2.68% | 2.79% |
| ▂▁█▆▅▆▁█ | Return on Assets (%) | 0.83% | 0.78% | 1.10% | 1.03% | 0.98% | 1.01% | 0.82% | 1.12% |
| █▇▅▄▃▂▃▁ | Efficiency Ratio (%) | 61.9% | 60.6% | 58.0% | 56.5% | 55.5% | 55.2% | 55.4% | 53.0% |
| ██▆▅▄▃▂▁ | Cost of Funds (%) | 2.42% | 2.40% | 2.32% | 2.25% | 2.24% | 2.20% | 2.14% | 2.08% |
| ▂▁█▇▂▂▃▁ | NPA / Assets (%) | 0.12% | 0.08% | 0.33% | 0.28% | 0.10% | 0.11% | 0.15% | 0.06% |
| ▂▁█▇▂▂▃▁ | Net Charge-Off Ratio (%) | 0.18% | 0.12% | 0.48% | 0.41% | 0.16% | 0.17% | 0.24% | 0.10% |
| ▄▁▃▄▆▇▇█ | Tang. Book Value ($M) | $95 | $88 | $93 | $95 | $99 | $102 | $102 | $104 |
| ▁▃▄▅▆▇▇█ | Gross Loans ($M) | $713 | $726 | $728 | $737 | $737 | $746 | $745 | $752 |
| ▃▅▁▂▄█▇█ | Total Deposits ($M) | $909 | $938 | $866 | $881 | $923 | $988 | $961 | $989 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 17% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 9% |