Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.21 | 1.13% |
| Return on Equity (%) | ▲ | 10.84% | +0.83 | 10.01% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.41 | 3.50% |
| Efficiency Ratio (%) | ▲ | 51.91% | -4.22 | 56.13% |
| Pre-Provision Profit ($M) | ▲ | $15 | +2.71 | $12 |
| Cost of Funds (%) | ▲ | 1.79% | -0.21 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,069 | +95.08 | $2,974 |
| Gross Loans ($M) | ▲ | $2,445 | +40.00 | $2,405 |
| Loan Growth YoY (%) | ▲ | 95.59% | +0.22 | 95.37% |
| Total Deposits ($M) | ▲ | $2,523 | +36.63 | $2,486 |
| Shareholders Equity ($M) | ▲ | $380 | +42.85 | $337 |
| Tang. Book Value ($M) | ▲ | $362 | +42.67 | $319 |
| TBV excl. AOCI ($M)** | ▲ | $379 | +44.83 | $334 |
| Loan / Deposit Ratio (%) | ▲ | 95.59% | +0.22 | 95.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.87% | +0.35 | 0.52% |
| Allowance / Loans (%) | — | 1.35% | -0.04% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 1.07% | +0.45 | 0.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.54% | +1.15 | 12.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▄▇█ | Net Interest Margin (%) | 3.41% | 3.42% | 3.48% | 3.50% | 3.59% | 3.65% | 3.84% | 3.91% |
| ▂▁▃▃▄▂██ | Return on Assets (%) | 1.11% | 1.04% | 1.14% | 1.13% | 1.17% | 1.10% | 1.32% | 1.34% |
| ▇█▅▄▄▄▁▁ | Efficiency Ratio (%) | 61.3% | 62.9% | 57.2% | 56.1% | 56.0% | 56.8% | 50.8% | 51.9% |
| █▄▄▄▅▃▁▁ | Cost of Funds (%) | 2.32% | 2.05% | 2.01% | 2.00% | 2.10% | 1.99% | 1.84% | 1.79% |
| ▁▁▂▄▄██▇ | NPA / Assets (%) | 0.21% | 0.22% | 0.34% | 0.52% | 0.54% | 1.01% | 1.00% | 0.87% |
| ▁▁▂▃▃██▇ | Net Charge-Off Ratio (%) | 0.27% | 0.27% | 0.43% | 0.62% | 0.63% | 1.22% | 1.24% | 1.07% |
| ▁▁▁▃▄▇██ | Tang. Book Value ($M) | $299 | $300 | $307 | $319 | $328 | $351 | $356 | $362 |
| ▁▃▄▇██▇█ | Gross Loans ($M) | $2,165 | $2,268 | $2,303 | $2,405 | $2,424 | $2,413 | $2,406 | $2,445 |
| ▁▂▄▇▇▆██ | Total Deposits ($M) | $2,287 | $2,345 | $2,394 | $2,486 | $2,487 | $2,459 | $2,521 | $2,523 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 22% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 14% |