Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.36 | 1.52% |
| Return on Equity (%) | ▼ | 17.03% | -0.53 | 17.56% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.38 | 4.07% |
| Efficiency Ratio (%) | ▼ | 54.58% | +3.44 | 51.14% |
| Pre-Provision Profit ($M) | ▼ | $11 | -5.21 | $17 |
| Cost of Funds (%) | ▲ | 0.82% | -0.39 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,792 | +194.95 | $2,597 |
| Gross Loans ($M) | ▲ | $1,974 | +56.05 | $1,918 |
| Loan Growth YoY (%) | ▼ | 79.62% | -3.07 | 82.69% |
| Total Deposits ($M) | ▲ | $2,446 | +161.07 | $2,285 |
| Shareholders Equity ($M) | ▲ | $311 | +52.56 | $258 |
| Tang. Book Value ($M) | ▲ | $311 | +52.56 | $258 |
| TBV excl. AOCI ($M)** | ▲ | $331 | +51.82 | $279 |
| Loan / Deposit Ratio (%) | ▼ | 79.62% | -3.07 | 82.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.79% | +0.34 | 0.45% |
| Allowance / Loans (%) | — | 1.33% | -0.15% | 1.48% |
| Net Charge-Off Ratio (%) | ▼ | 1.12% | +0.51 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.95% | +1.60 | 16.36% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▆██ | Net Interest Margin (%) | 3.93% | 3.93% | 3.98% | 4.07% | 4.20% | 4.30% | 4.47% | 4.46% |
| ▁▁▃▅▅▆▇█ | Return on Assets (%) | 1.15% | 1.20% | 1.39% | 1.52% | 1.54% | 1.67% | 1.74% | 1.88% |
| ▆██▂▁▁▄▇ | Efficiency Ratio (%) | 53.5% | 55.6% | 55.9% | 51.1% | 49.6% | 50.0% | 52.5% | 54.6% |
| ▇█▆▆▄▃▂▁ | Cost of Funds (%) | 1.31% | 1.42% | 1.26% | 1.21% | 1.06% | 0.99% | 0.90% | 0.82% |
| ▃▁▁▃▃▂█▇ | NPA / Assets (%) | 0.44% | 0.25% | 0.24% | 0.45% | 0.46% | 0.42% | 0.97% | 0.79% |
| ▃▁▁▃▃▂█▇ | Net Charge-Off Ratio (%) | 0.62% | 0.35% | 0.33% | 0.61% | 0.63% | 0.57% | 1.33% | 1.12% |
| ▁▁▂▅▆▇██ | Tang. Book Value ($M) | $201 | $195 | $210 | $258 | $276 | $292 | $298 | $311 |
| ▁▁▃▆▇▇██ | Gross Loans ($M) | $1,796 | $1,816 | $1,854 | $1,918 | $1,936 | $1,950 | $1,952 | $1,974 |
| ▁▁▄▄▄▅▆█ | Total Deposits ($M) | $2,145 | $2,159 | $2,287 | $2,285 | $2,293 | $2,325 | $2,364 | $2,446 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 66% |