Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.06% | -0.57 | 1.64% |
| Return on Equity (%) | ▼ | 8.92% | -6.14 | 15.06% |
| Net Interest Margin (%) | ▼ | 4.20% | -0.05 | 4.25% |
| Efficiency Ratio (%) | ▼ | 64.26% | +14.88 | 49.38% |
| Pre-Provision Profit ($M) | ▼ | $23 | -19.21 | $42 |
| Cost of Funds (%) | ▲ | 1.49% | -0.25 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $10,984 | +2947.00 | $8,037 |
| Gross Loans ($M) | ▲ | $8,002 | +2409.87 | $5,592 |
| Loan Growth YoY (%) | ▲ | 87.89% | +1.52 | 86.37% |
| Total Deposits ($M) | ▲ | $8,997 | +2600.60 | $6,397 |
| Shareholders Equity ($M) | ▲ | $1,329 | +448.89 | $880 |
| Tang. Book Value ($M) | ▲ | $1,130 | +336.13 | $794 |
| TBV excl. AOCI ($M)** | ▲ | $1,228 | +358.15 | $870 |
| Loan / Deposit Ratio (%) | ▲ | 87.89% | +1.52 | 86.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.89% | -0.20 | 1.10% |
| Allowance / Loans (%) | — | 1.18% | -0.02% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 1.19% | -0.34 | 1.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.32% | -0.66 | 13.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄████▃▆ | Net Interest Margin (%) | 4.06% | 4.15% | 4.25% | 4.25% | 4.25% | 4.27% | 4.13% | 4.20% |
| ▁▂█████▃ | Return on Assets (%) | 0.69% | 0.88% | 1.59% | 1.64% | 1.67% | 1.69% | 1.60% | 1.06% |
| ██▂▁▁▁▂█ | Efficiency Ratio (%) | 63.6% | 63.6% | 50.4% | 49.4% | 48.5% | 48.4% | 52.1% | 64.3% |
| █▇▄▃▄▃▂▁ | Cost of Funds (%) | 2.17% | 2.02% | 1.79% | 1.74% | 1.76% | 1.72% | 1.58% | 1.49% |
| ▁▁▅██▆▇▅ | NPA / Assets (%) | 0.49% | 0.53% | 0.86% | 1.10% | 1.17% | 0.97% | 1.03% | 0.89% |
| ▁▁▅██▇▇▅ | Net Charge-Off Ratio (%) | 0.64% | 0.68% | 1.15% | 1.53% | 1.60% | 1.38% | 1.45% | 1.19% |
| ▁▁▁▂▂▃▃█ | Tang. Book Value ($M) | $735 | $738 | $770 | $794 | $808 | $845 | $860 | $1,130 |
| ▁▁▁▁▁▁▁█ | Gross Loans ($M) | $5,578 | $5,675 | $5,649 | $5,592 | $5,561 | $5,388 | $5,405 | $8,002 |
| ▁▁▁▁▁▁▁█ | Total Deposits ($M) | $6,614 | $6,523 | $6,550 | $6,397 | $6,420 | $6,411 | $6,338 | $8,997 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |