Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.36% | -0.11 | 0.47% |
| Return on Equity (%) | ▼ | 3.53% | -1.52 | 5.05% |
| Net Interest Margin (%) | ▲ | 2.80% | +0.08 | 2.72% |
| Efficiency Ratio (%) | ▼ | 75.88% | +2.11 | 73.76% |
| Pre-Provision Profit ($M) | ▲ | $15 | +1.09 | $13 |
| Cost of Funds (%) | ▲ | 2.17% | -0.17 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,981 | +63.25 | $6,917 |
| Gross Loans ($M) | ▲ | $5,821 | +53.67 | $5,768 |
| Loan Growth YoY (%) | ▲ | 107.71% | +2.04 | 105.67% |
| Total Deposits ($M) | ▼ | $5,350 | -59.93 | $5,410 |
| Shareholders Equity ($M) | ▲ | $712 | +65.75 | $646 |
| Tang. Book Value ($M) | ▲ | $684 | +64.38 | $620 |
| TBV excl. AOCI ($M)** | ▲ | $721 | +65.87 | $656 |
| Loan / Deposit Ratio (%) | ▲ | 107.71% | +2.04 | 105.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.05% | +0.65 | 0.40% |
| Allowance / Loans (%) | — | 1.00% | 0.13% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 1.26% | +0.78 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.63% | +0.89 | 11.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▇▇████ | Net Interest Margin (%) | 2.36% | 2.39% | 2.73% | 2.72% | 2.75% | 2.78% | 2.80% | 2.80% |
| ▁▁▁▂█▇▁▁ | Return on Assets (%) | 0.33% | 0.35% | 0.37% | 0.47% | 1.09% | 0.97% | 0.32% | 0.36% |
| ██▇▆▁▂█▇ | Efficiency Ratio (%) | 80.0% | 80.3% | 74.7% | 73.8% | 57.4% | 61.1% | 79.8% | 75.9% |
| █▆▃▂▂▂▁▁ | Cost of Funds (%) | 2.95% | 2.68% | 2.39% | 2.34% | 2.37% | 2.31% | 2.17% | 2.17% |
| ▄▃▃▁▁▄▅█ | NPA / Assets (%) | 0.69% | 0.63% | 0.59% | 0.40% | 0.40% | 0.65% | 0.78% | 1.05% |
| ▄▃▃▁▁▄▅█ | Net Charge-Off Ratio (%) | 0.83% | 0.75% | 0.71% | 0.48% | 0.48% | 0.79% | 0.94% | 1.26% |
| ▁▁▁▂▆███ | Tang. Book Value ($M) | $603 | $601 | $610 | $620 | $663 | $677 | $678 | $684 |
| █▃▁▅▆▁▃█ | Gross Loans ($M) | $5,807 | $5,744 | $5,698 | $5,768 | $5,785 | $5,712 | $5,730 | $5,821 |
| █▄▅▃▄█▇▁ | Total Deposits ($M) | $5,559 | $5,441 | $5,486 | $5,410 | $5,455 | $5,570 | $5,517 | $5,350 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 11% |