Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.79% | -0.23 | 3.02% |
| Return on Equity (%) | ▼ | 34.72% | -2.26 | 36.98% |
| Net Interest Margin (%) | ▲ | 4.86% | +0.01 | 4.85% |
| Efficiency Ratio (%) | ▼ | 26.64% | +2.03 | 24.61% |
| Pre-Provision Profit ($M) | ▲ | $63 | +5.22 | $57 |
| Cost of Funds (%) | — | 3.51% | 0.00 | 3.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,819 | +385.81 | $6,433 |
| Gross Loans ($M) | ▲ | $6,277 | +309.33 | $5,968 |
| Loan Growth YoY (%) | ▲ | 160.07% | +2.22 | 157.85% |
| Total Deposits ($M) | ▲ | $3,879 | +139.44 | $3,739 |
| Shareholders Equity ($M) | ▲ | $551 | +23.73 | $527 |
| Tang. Book Value ($M) | ▲ | $544 | +24.56 | $520 |
| TBV excl. AOCI ($M)** | ▲ | $549 | +25.03 | $523 |
| Loan / Deposit Ratio (%) | ▲ | 160.07% | +2.22 | 157.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.87% | +0.17 | 1.70% |
| Allowance / Loans (%) | — | 1.09% | -0.01% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 1.90% | +0.14 | 1.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.28% | -0.21 | 15.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆█▆██▁▇ | Net Interest Margin (%) | 4.86% | 4.85% | 4.86% | 4.85% | 4.86% | 4.86% | 4.82% | 4.86% |
| ▄▄█▅▄▄▁▂ | Return on Assets (%) | 2.94% | 2.95% | 3.27% | 3.02% | 2.92% | 2.94% | 2.71% | 2.79% |
| ▂▁▁▃▄▄██ | Efficiency Ratio (%) | 24.1% | 23.6% | 23.2% | 24.6% | 24.9% | 24.7% | 27.0% | 26.6% |
| ▁█▂▄▅▃▄▄ | Cost of Funds (%) | 3.47% | 3.57% | 3.50% | 3.51% | 3.53% | 3.51% | 3.51% | 3.51% |
| ▁▂▃▆▅▇██ | NPA / Assets (%) | 1.36% | 1.43% | 1.55% | 1.70% | 1.67% | 1.78% | 1.85% | 1.87% |
| ▁▂▄▆▆▇██ | Net Charge-Off Ratio (%) | 1.38% | 1.46% | 1.62% | 1.76% | 1.74% | 1.82% | 1.88% | 1.90% |
| ▃▁▄▄▄▆▇█ | Tang. Book Value ($M) | $516 | $502 | $518 | $520 | $522 | $529 | $535 | $544 |
| ▁▃▃▄▆███ | Gross Loans ($M) | $5,685 | $5,851 | $5,854 | $5,968 | $6,079 | $6,210 | $6,243 | $6,277 |
| ▁▂▄▄▇▇▇█ | Total Deposits ($M) | $3,627 | $3,686 | $3,735 | $3,739 | $3,820 | $3,837 | $3,835 | $3,879 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 54% |