Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.09% | +1.41 | 0.68% |
| Return on Equity (%) | ▲ | 12.78% | +8.52 | 4.26% |
| Net Interest Margin (%) | ▼ | 6.04% | -0.39 | 6.43% |
| Efficiency Ratio (%) | ▲ | 52.81% | -2.28 | 55.09% |
| Pre-Provision Profit ($M) | ▼ | $23 | -2.25 | $25 |
| Cost of Funds (%) | ▲ | 2.54% | -0.20 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $3,274 | -274.20 | $3,549 |
| Gross Loans ($M) | ▼ | $2,820 | -293.22 | $3,114 |
| Loan Growth YoY (%) | ▲ | 114.76% | +8.20 | 106.56% |
| Total Deposits ($M) | ▼ | $2,386 | -441.32 | $2,827 |
| Shareholders Equity ($M) | ▲ | $561 | +16.96 | $544 |
| Tang. Book Value ($M) | ▲ | $489 | +16.01 | $473 |
| TBV excl. AOCI ($M)** | ▲ | $495 | +16.85 | $478 |
| Loan / Deposit Ratio (%) | ▲ | 114.76% | +8.20 | 106.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.43% | +0.86 | 2.57% |
| Allowance / Loans (%) | — | 2.93% | -0.32% | 3.25% |
| Net Charge-Off Ratio (%) | ▼ | 2.65% | +0.48 | 2.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.25% | +2.08 | 14.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇▇█▂▃ | Net Interest Margin (%) | 5.79% | 5.94% | 6.30% | 6.43% | 6.45% | 6.55% | 5.97% | 6.04% |
| ▆▇▁▄▇███ | Return on Assets (%) | 1.28% | 1.56% | -0.41% | 0.68% | 1.60% | 1.85% | 2.10% | 2.09% |
| ▆▃█▅▁▃▁▂ | Efficiency Ratio (%) | 55.7% | 53.7% | 57.3% | 55.1% | 52.0% | 53.4% | 52.3% | 52.8% |
| █▇▅▅█▄▁▂ | Cost of Funds (%) | 2.91% | 2.85% | 2.70% | 2.74% | 2.86% | 2.66% | 2.47% | 2.54% |
| ▁▄▆▃▅▅██ | NPA / Assets (%) | 2.21% | 2.68% | 3.06% | 2.57% | 2.97% | 2.83% | 3.30% | 3.43% |
| ▂▄▇▃▃▁▆█ | Net Charge-Off Ratio (%) | 2.01% | 2.20% | 2.54% | 2.18% | 2.12% | 1.92% | 2.47% | 2.65% |
| ▆█▄▁▄█▃▃ | Tang. Book Value ($M) | $506 | $524 | $496 | $473 | $494 | $518 | $486 | $489 |
| ▁▁▄█▅▅▃▂ | Gross Loans ($M) | $2,726 | $2,722 | $2,877 | $3,114 | $2,930 | $2,933 | $2,847 | $2,820 |
| ▃▃▂█▃▄▃▁ | Total Deposits ($M) | $2,501 | $2,528 | $2,495 | $2,827 | $2,519 | $2,576 | $2,519 | $2,386 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 50% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 41% |
| Brokered / Other | 53% |