Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.33% | +0.72 | 1.61% |
| Return on Equity (%) | ▲ | 18.68% | +3.97 | 14.71% |
| Net Interest Margin (%) | ▲ | 4.92% | +0.93 | 3.99% |
| Efficiency Ratio (%) | ▲ | 52.77% | -7.59 | 60.36% |
| Pre-Provision Profit ($M) | ▲ | $15 | +3.40 | $12 |
| Cost of Funds (%) | ▲ | 2.22% | -0.71 | 2.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,480 | +62.31 | $2,417 |
| Gross Loans ($M) | ▲ | $2,139 | +179.65 | $1,959 |
| Loan Growth YoY (%) | ▲ | 105.27% | +5.43 | 99.85% |
| Total Deposits ($M) | ▲ | $2,007 | +68.01 | $1,939 |
| Shareholders Equity ($M) | ▲ | $314 | +33.07 | $281 |
| Tang. Book Value ($M) | ▲ | $306 | +33.08 | $273 |
| TBV excl. AOCI ($M)** | ▲ | $310 | +32.73 | $277 |
| Loan / Deposit Ratio (%) | ▲ | 105.27% | +5.43 | 99.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.70% | -0.16 | 0.86% |
| Allowance / Loans (%) | — | 1.19% | 0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.30 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.39% | +0.34 | 17.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 3.75% | 3.78% | 3.76% | 3.99% | 4.15% | 4.27% | 4.74% | 4.92% |
| ▃▃▁▂▃▄██ | Return on Assets (%) | 1.69% | 1.74% | 1.39% | 1.61% | 1.73% | 1.79% | 2.31% | 2.33% |
| ▄▄█▆▅▅▁▁ | Efficiency Ratio (%) | 57.1% | 56.4% | 64.0% | 60.4% | 58.9% | 58.8% | 51.7% | 52.8% |
| ██▇▇▄▃▁▁ | Cost of Funds (%) | 3.14% | 3.03% | 2.98% | 2.92% | 2.67% | 2.51% | 2.26% | 2.22% |
| ▂▁▁▃▃█▂▂ | NPA / Assets (%) | 0.62% | 0.48% | 0.41% | 0.86% | 0.77% | 1.75% | 0.70% | 0.70% |
| ▁▁▁▃▂█▂▁ | Net Charge-Off Ratio (%) | 0.43% | 0.24% | 0.27% | 0.71% | 0.60% | 1.78% | 0.47% | 0.41% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $250 | $261 | $266 | $273 | $280 | $288 | $297 | $306 |
| ▁▂▃▅▅▅▇█ | Gross Loans ($M) | $1,750 | $1,814 | $1,862 | $1,959 | $1,986 | $1,975 | $2,070 | $2,139 |
| ▁▅█▂▃▁▅▅ | Total Deposits ($M) | $1,912 | $2,028 | $2,108 | $1,939 | $1,962 | $1,899 | $2,019 | $2,007 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |