Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.62% | +0.08 | 0.54% |
| Return on Equity (%) | ▲ | 6.18% | +0.63 | 5.55% |
| Net Interest Margin (%) | ▲ | 3.26% | +0.03 | 3.24% |
| Efficiency Ratio (%) | ▲ | 69.65% | -4.43 | 74.08% |
| Pre-Provision Profit ($M) | ▲ | $10 | +1.74 | $8 |
| Cost of Funds (%) | ▲ | 2.01% | -0.04 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,067 | +102.45 | $2,965 |
| Gross Loans ($M) | ▲ | $2,491 | +136.38 | $2,355 |
| Loan Growth YoY (%) | ▲ | 100.92% | +0.31 | 100.61% |
| Total Deposits ($M) | ▲ | $2,445 | +125.01 | $2,320 |
| Shareholders Equity ($M) | ▲ | $305 | +16.75 | $288 |
| Tang. Book Value ($M) | ▲ | $304 | +17.05 | $287 |
| TBV excl. AOCI ($M)** | ▲ | $327 | +19.50 | $308 |
| Loan / Deposit Ratio (%) | ▲ | 100.92% | +0.31 | 100.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.13 | 0.64% |
| Allowance / Loans (%) | — | 0.95% | 0.07% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.14 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.70% | -0.29 | 12.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅██▃▇ | Net Interest Margin (%) | 3.14% | 3.16% | 3.24% | 3.24% | 3.28% | 3.30% | 3.19% | 3.26% |
| ▁▁▂▆▇█▆█ | Return on Assets (%) | 0.34% | 0.37% | 0.40% | 0.54% | 0.58% | 0.58% | 0.53% | 0.62% |
| ▄▄█▄▂▂▅▁ | Efficiency Ratio (%) | 74.1% | 73.2% | 78.7% | 74.1% | 71.9% | 71.0% | 75.1% | 69.6% |
| ██▅▄▆▅▁▂ | Cost of Funds (%) | 2.18% | 2.16% | 2.08% | 2.06% | 2.11% | 2.08% | 1.97% | 2.01% |
| ▁▇▇▇█▄▆█ | NPA / Assets (%) | 0.19% | 0.66% | 0.68% | 0.64% | 0.74% | 0.45% | 0.60% | 0.77% |
| ▁▇▇▇█▄▆█ | Net Charge-Off Ratio (%) | 0.24% | 0.80% | 0.84% | 0.81% | 0.93% | 0.58% | 0.74% | 0.95% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $274 | $271 | $280 | $287 | $295 | $302 | $307 | $304 |
| ▁▂▃▄▄▄██ | Gross Loans ($M) | $2,235 | $2,298 | $2,302 | $2,355 | $2,358 | $2,337 | $2,490 | $2,491 |
| ▁▂▁▄▄▅██ | Total Deposits ($M) | $2,222 | $2,270 | $2,230 | $2,320 | $2,322 | $2,346 | $2,457 | $2,445 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 15% |