Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.90% | +0.10 | 1.80% |
| Return on Equity (%) | ▲ | 13.22% | +0.90 | 12.32% |
| Net Interest Margin (%) | ▼ | 5.02% | -0.18 | 5.20% |
| Efficiency Ratio (%) | ▼ | 47.08% | +9.98 | 37.10% |
| Pre-Provision Profit ($M) | ▲ | $22 | +0.30 | $22 |
| Cost of Funds (%) | ▲ | 2.07% | -0.27 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,385 | +160.40 | $3,224 |
| Gross Loans ($M) | ▲ | $2,906 | +106.94 | $2,799 |
| Loan Growth YoY (%) | ▼ | 100.66% | -1.75 | 102.41% |
| Total Deposits ($M) | ▲ | $2,823 | +153.63 | $2,669 |
| Shareholders Equity ($M) | ▲ | $478 | +5.01 | $473 |
| Tang. Book Value ($M) | ▲ | $478 | +5.17 | $473 |
| TBV excl. AOCI ($M)** | ▲ | $486 | +5.55 | $481 |
| Loan / Deposit Ratio (%) | ▼ | 100.66% | -1.75 | 102.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.97% | -0.20 | 2.17% |
| Allowance / Loans (%) | — | 2.20% | -0.12% | 2.32% |
| Net Charge-Off Ratio (%) | ▲ | 2.07% | -0.43 | 2.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.30% | -0.72 | 16.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▅▅▅▄▄ | Net Interest Margin (%) | 4.59% | 4.53% | 5.61% | 5.20% | 5.12% | 5.14% | 5.05% | 5.02% |
| ▁▁▂▆▅▂▆█ | Return on Assets (%) | 1.60% | 1.56% | 1.63% | 1.80% | 1.75% | 1.64% | 1.78% | 1.90% |
| ▆█▁▂▄▇█▇ | Efficiency Ratio (%) | 44.9% | 47.3% | 33.5% | 37.1% | 40.0% | 46.2% | 49.2% | 47.1% |
| █▇▆▃▄▂▁▁ | Cost of Funds (%) | 2.88% | 2.71% | 2.58% | 2.35% | 2.40% | 2.26% | 2.11% | 2.07% |
| ▁▅▄▄██▃▂ | NPA / Assets (%) | 1.68% | 2.34% | 2.31% | 2.17% | 2.97% | 2.91% | 2.06% | 1.97% |
| ▁▄▅▆██▄▄ | Net Charge-Off Ratio (%) | 1.26% | 2.20% | 2.43% | 2.50% | 3.19% | 3.07% | 2.09% | 2.07% |
| ▁▂▄▇█▃▆█ | Tang. Book Value ($M) | $453 | $458 | $464 | $473 | $476 | $462 | $469 | $478 |
| ▅▅▁▄▅▅██ | Gross Loans ($M) | $2,822 | $2,833 | $2,731 | $2,799 | $2,826 | $2,821 | $2,906 | $2,906 |
| ▂▄▁▃▃▁▅█ | Total Deposits ($M) | $2,625 | $2,689 | $2,595 | $2,669 | $2,657 | $2,589 | $2,722 | $2,823 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 44% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 18% |