Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.17 | 1.03% |
| Return on Equity (%) | ▲ | 10.61% | +1.16 | 9.45% |
| Net Interest Margin (%) | ▲ | 3.01% | +0.14 | 2.86% |
| Efficiency Ratio (%) | ▲ | 45.33% | -2.72 | 48.05% |
| Pre-Provision Profit ($M) | ▲ | $15 | +1.20 | $14 |
| Cost of Funds (%) | ▲ | 2.20% | -0.28 | 2.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,655 | +106.97 | $3,548 |
| Gross Loans ($M) | ▲ | $2,926 | +129.53 | $2,797 |
| Loan Growth YoY (%) | ▲ | 104.75% | +1.07 | 103.68% |
| Total Deposits ($M) | ▲ | $2,762 | +97.21 | $2,665 |
| Shareholders Equity ($M) | ▲ | $411 | +15.05 | $396 |
| Tang. Book Value ($M) | ▲ | $400 | +15.05 | $385 |
| TBV excl. AOCI ($M)** | ▲ | $411 | +12.76 | $398 |
| Loan / Deposit Ratio (%) | ▲ | 104.75% | +1.07 | 103.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.97% | -0.05 | 1.02% |
| Allowance / Loans (%) | — | 1.13% | -0.09% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 1.05% | -0.07 | 1.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.59% | -0.09 | 12.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▅▆██ | Net Interest Margin (%) | 2.59% | 2.62% | 2.71% | 2.86% | 2.84% | 2.89% | 2.98% | 3.01% |
| ▁▁▂▄▄▆██ | Return on Assets (%) | 0.91% | 0.94% | 0.96% | 1.03% | 1.05% | 1.12% | 1.19% | 1.20% |
| █▆█▆▃▁▂▁ | Efficiency Ratio (%) | 49.1% | 48.0% | 49.1% | 48.1% | 46.5% | 45.5% | 46.2% | 45.3% |
| █▆▆▆▂▄▁▁ | Cost of Funds (%) | 2.63% | 2.50% | 2.50% | 2.48% | 2.26% | 2.39% | 2.21% | 2.20% |
| █▆▅▅▁▂▂▁ | NPA / Assets (%) | 1.06% | 1.03% | 1.02% | 1.02% | 0.98% | 0.98% | 0.99% | 0.97% |
| █▆▂▂▁▁▁▁ | Net Charge-Off Ratio (%) | 1.38% | 1.30% | 1.12% | 1.13% | 1.07% | 1.06% | 1.07% | 1.05% |
| ▁▂▃▄▅▇█▇ | Tang. Book Value ($M) | $367 | $372 | $379 | $385 | $393 | $401 | $408 | $400 |
| ▁▃▃▂█▇█▇ | Gross Loans ($M) | $2,748 | $2,824 | $2,812 | $2,797 | $2,955 | $2,918 | $2,938 | $2,926 |
| ▄▅█▁▇▄▅▆ | Total Deposits ($M) | $2,728 | $2,741 | $2,812 | $2,665 | $2,787 | $2,735 | $2,743 | $2,762 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 31% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 36% |