Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.70% | +0.26 | 0.44% |
| Return on Equity (%) | ▲ | 5.53% | +1.92 | 3.61% |
| Net Interest Margin (%) | ▲ | 2.13% | +0.29 | 1.84% |
| Efficiency Ratio (%) | ▲ | 67.30% | -11.44 | 78.74% |
| Pre-Provision Profit ($M) | ▲ | $13 | +5.59 | $7 |
| Cost of Funds (%) | ▲ | 2.06% | -0.08 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,549 | +241.67 | $7,307 |
| Gross Loans ($M) | ▲ | $4,878 | +46.97 | $4,831 |
| Loan Growth YoY (%) | ▼ | 80.53% | -2.41 | 82.93% |
| Total Deposits ($M) | ▲ | $6,013 | +234.11 | $5,779 |
| Shareholders Equity ($M) | ▲ | $963 | +62.39 | $900 |
| Tang. Book Value ($M) | ▲ | $882 | +62.39 | $820 |
| TBV excl. AOCI ($M)** | ▲ | $970 | +67.69 | $902 |
| Loan / Deposit Ratio (%) | ▼ | 80.53% | -2.41 | 82.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.19% | -0.08 | 1.27% |
| Allowance / Loans (%) | — | 0.73% | -0.06% | 0.79% |
| Net Charge-Off Ratio (%) | ▲ | 1.85% | -0.08 | 1.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▅██ | Net Interest Margin (%) | 1.73% | 1.73% | 1.80% | 1.84% | 1.87% | 1.94% | 2.12% | 2.13% |
| ▃▂▁▃▅▅▅█ | Return on Assets (%) | 0.43% | 0.36% | 0.29% | 0.44% | 0.50% | 0.50% | 0.52% | 0.70% |
| ██▆▆▆▅▁▁ | Efficiency Ratio (%) | 83.6% | 83.9% | 78.2% | 78.7% | 77.3% | 74.5% | 65.1% | 67.3% |
| ▇█▅▅▅▄▁▁ | Cost of Funds (%) | 2.19% | 2.23% | 2.14% | 2.14% | 2.14% | 2.13% | 2.04% | 2.06% |
| ▂▃▄█▄▁▁▆ | NPA / Assets (%) | 1.08% | 1.12% | 1.14% | 1.27% | 1.15% | 1.03% | 1.06% | 1.19% |
| ▂▃▄█▄▁▂▇ | Net Charge-Off Ratio (%) | 1.65% | 1.70% | 1.74% | 1.93% | 1.74% | 1.58% | 1.64% | 1.85% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $785 | $781 | $802 | $820 | $840 | $861 | $868 | $882 |
| ▁▂▄▆████ | Gross Loans ($M) | $4,668 | $4,711 | $4,765 | $4,831 | $4,864 | $4,890 | $4,866 | $4,878 |
| ▁▂▄▄▅▇██ | Total Deposits ($M) | $5,631 | $5,680 | $5,775 | $5,779 | $5,849 | $5,934 | $6,012 | $6,013 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 12% |