Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.46 | 0.91% |
| Return on Equity (%) | ▲ | 12.34% | +2.91 | 9.43% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.40 | 3.50% |
| Efficiency Ratio (%) | ▲ | 56.29% | -10.08 | 66.36% |
| Pre-Provision Profit ($M) | ▲ | $38 | +15.81 | $22 |
| Cost of Funds (%) | ▲ | 1.83% | -0.25 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $8,415 | +2117.01 | $6,298 |
| Gross Loans ($M) | ▲ | $6,509 | +1784.68 | $4,724 |
| Loan Growth YoY (%) | ▲ | 89.69% | +5.73 | 83.96% |
| Total Deposits ($M) | ▲ | $7,184 | +1612.50 | $5,571 |
| Shareholders Equity ($M) | ▲ | $926 | +306.63 | $620 |
| Tang. Book Value ($M) | ▲ | $805 | +230.19 | $575 |
| TBV excl. AOCI ($M)** | ▲ | $850 | +235.47 | $615 |
| Loan / Deposit Ratio (%) | ▲ | 89.69% | +5.73 | 83.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.69% | +0.22 | 0.47% |
| Allowance / Loans (%) | — | 1.00% | 0.03% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.24 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.21% | +0.55 | 12.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▆▇█ | Net Interest Margin (%) | 3.42% | 3.43% | 3.37% | 3.50% | 3.61% | 3.74% | 3.81% | 3.89% |
| ▃▃▂▂▁▄██ | Return on Assets (%) | 0.95% | 0.96% | 0.86% | 0.91% | 0.76% | 1.04% | 1.32% | 1.36% |
| ▇▆█▇▅▆▁▁ | Efficiency Ratio (%) | 66.4% | 65.6% | 68.7% | 66.4% | 64.0% | 65.0% | 56.9% | 56.3% |
| █▆▅▅▃▃▁▁ | Cost of Funds (%) | 2.32% | 2.18% | 2.10% | 2.07% | 1.97% | 1.92% | 1.78% | 1.83% |
| ▄█▇▁▁▁▂▄ | NPA / Assets (%) | 0.69% | 0.95% | 0.88% | 0.47% | 0.48% | 0.50% | 0.57% | 0.69% |
| ▄██▁▁▁▂▄ | Net Charge-Off Ratio (%) | 0.87% | 1.23% | 1.17% | 0.60% | 0.55% | 0.61% | 0.71% | 0.84% |
| ▁▁▁▁▇███ | Tang. Book Value ($M) | $544 | $548 | $563 | $575 | $783 | $816 | $824 | $805 |
| ▁▁▁▁████ | Gross Loans ($M) | $4,582 | $4,599 | $4,600 | $4,724 | $6,458 | $6,486 | $6,425 | $6,509 |
| ▁▁▁▂▇███ | Total Deposits ($M) | $5,321 | $5,474 | $5,563 | $5,571 | $7,019 | $7,132 | $7,261 | $7,184 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 14% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 7% |