Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.31% | +0.45 | 0.87% |
| Return on Equity (%) | ▲ | 13.86% | +4.88 | 8.98% |
| Net Interest Margin (%) | ▲ | 3.63% | +0.47 | 3.15% |
| Efficiency Ratio (%) | ▲ | 49.84% | -8.31 | 58.15% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.40 | $3 |
| Cost of Funds (%) | ▲ | 2.19% | -0.30 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $895 | +75.42 | $819 |
| Gross Loans ($M) | ▲ | $673 | +58.19 | $615 |
| Loan Growth YoY (%) | ▲ | 101.19% | +3.69 | 97.50% |
| Total Deposits ($M) | ▲ | $659 | +34.42 | $624 |
| Shareholders Equity ($M) | ▲ | $83 | +4.01 | $79 |
| Tang. Book Value ($M) | ▲ | $83 | +4.01 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $92 | +4.70 | $87 |
| Loan / Deposit Ratio (%) | ▲ | 101.19% | +3.69 | 97.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.17% | -0.09 | 0.26% |
| Allowance / Loans (%) | — | 0.90% | -0.03% | 0.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.05 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.71% | -0.48 | 15.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.60% | 2.70% | 3.01% | 3.15% | 3.20% | 3.29% | 3.52% | 3.63% |
| ▁▁▁▄▅▆▂█ | Return on Assets (%) | 0.57% | 0.62% | 0.66% | 0.87% | 0.98% | 1.12% | 0.67% | 1.31% |
| █▇█▄▃▁▃▁ | Efficiency Ratio (%) | 68.1% | 64.7% | 65.9% | 58.1% | 54.9% | 51.1% | 56.5% | 49.8% |
| █▆▃▅▄▃▁▁ | Cost of Funds (%) | 2.69% | 2.54% | 2.37% | 2.49% | 2.41% | 2.32% | 2.25% | 2.19% |
| █▅▅▄▃▇▇▁ | NPA / Assets (%) | 0.38% | 0.28% | 0.30% | 0.26% | 0.23% | 0.34% | 0.34% | 0.17% |
| █▁▃▂▂▆▆▁ | Net Charge-Off Ratio (%) | 0.48% | 0.21% | 0.29% | 0.24% | 0.23% | 0.38% | 0.38% | 0.19% |
| ▂▁▂▂▆█▅▅ | Tang. Book Value ($M) | $78 | $76 | $78 | $79 | $84 | $87 | $82 | $83 |
| ▁▂▁▂▄▇██ | Gross Loans ($M) | $604 | $615 | $612 | $615 | $633 | $661 | $676 | $673 |
| ▁▁▄▄▇▇█▇ | Total Deposits ($M) | $592 | $586 | $626 | $624 | $664 | $659 | $678 | $659 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 1% |