Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.27 | 0.92% |
| Return on Equity (%) | ▲ | 13.02% | +2.16 | 10.86% |
| Net Interest Margin (%) | ▲ | 2.78% | +0.35 | 2.43% |
| Efficiency Ratio (%) | ▲ | 46.33% | -5.99 | 52.32% |
| Pre-Provision Profit ($M) | ▲ | $16 | +3.90 | $12 |
| Cost of Funds (%) | ▲ | 2.13% | -0.33 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $4,029 | -26.65 | $4,056 |
| Gross Loans ($M) | ▼ | $2,950 | -16.09 | $2,966 |
| Loan Growth YoY (%) | ▲ | 87.11% | +0.69 | 86.42% |
| Total Deposits ($M) | ▼ | $3,352 | -45.46 | $3,397 |
| Shareholders Equity ($M) | ▲ | $378 | +33.88 | $344 |
| Tang. Book Value ($M) | ▲ | $378 | +33.88 | $344 |
| TBV excl. AOCI ($M)** | ▲ | $400 | +29.37 | $371 |
| Loan / Deposit Ratio (%) | ▲ | 87.11% | +0.69 | 86.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.03% | 0.01% | 1.03% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.03% | +0.74 | 12.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.08% | 2.13% | 2.41% | 2.43% | 2.48% | 2.53% | 2.71% | 2.78% |
| ▁▁▄▄▅▄██ | Return on Assets (%) | 0.72% | 0.75% | 0.92% | 0.92% | 0.97% | 0.94% | 1.16% | 1.19% |
| ██▄▄▄▃▁▁ | Efficiency Ratio (%) | 58.5% | 57.9% | 52.2% | 52.3% | 51.7% | 50.5% | 46.7% | 46.3% |
| ██▃▄▄▂▁▁ | Cost of Funds (%) | 2.91% | 2.82% | 2.38% | 2.46% | 2.50% | 2.27% | 2.14% | 2.13% |
| █▅▇▁▁▁▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▅▇▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▂▅▆▇█ | Tang. Book Value ($M) | $343 | $334 | $343 | $344 | $357 | $366 | $369 | $378 |
| █▇█▂▇▆▅▁ | Gross Loans ($M) | $3,021 | $3,005 | $3,016 | $2,966 | $3,009 | $3,002 | $2,992 | $2,950 |
| ▁▄▂▅▂█▃▃ | Total Deposits ($M) | $3,284 | $3,362 | $3,329 | $3,397 | $3,313 | $3,475 | $3,342 | $3,352 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 14% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 11% |