Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.53% | +0.44 | 2.09% |
| Return on Equity (%) | ▲ | 22.56% | +3.83 | 18.73% |
| Net Interest Margin (%) | ▲ | 5.01% | +0.12 | 4.89% |
| Efficiency Ratio (%) | ▲ | 35.71% | -0.45 | 36.15% |
| Pre-Provision Profit ($M) | ▲ | $42 | +0.79 | $41 |
| Cost of Funds (%) | ▲ | 3.02% | -0.32 | 3.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,228 | +948.66 | $4,279 |
| Gross Loans ($M) | ▲ | $4,592 | +801.84 | $3,790 |
| Loan Growth YoY (%) | ▲ | 121.47% | +11.60 | 109.88% |
| Total Deposits ($M) | ▲ | $3,732 | +326.30 | $3,406 |
| Shareholders Equity ($M) | ▲ | $604 | +109.57 | $494 |
| Tang. Book Value ($M) | ▲ | $603 | +109.73 | $494 |
| TBV excl. AOCI ($M)** | ▲ | $608 | +113.47 | $495 |
| Loan / Deposit Ratio (%) | ▲ | 121.47% | +11.60 | 109.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.67% | -0.17 | 0.83% |
| Allowance / Loans (%) | — | 1.27% | 0.01% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 0.55% | -0.37 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.46% | +0.01 | 13.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▁▅▄▂█▆ | Net Interest Margin (%) | 4.80% | 4.88% | 4.54% | 4.89% | 4.84% | 4.65% | 5.18% | 5.01% |
| ▁▃▁▄▄▃▇█ | Return on Assets (%) | 1.89% | 2.00% | 1.80% | 2.09% | 2.11% | 2.01% | 2.39% | 2.53% |
| █▆▄▁▃▄▁▁ | Efficiency Ratio (%) | 42.3% | 40.0% | 38.1% | 36.2% | 37.6% | 38.3% | 35.5% | 35.7% |
| ▄█▅▆▆▁▃▂ | Cost of Funds (%) | 3.13% | 3.59% | 3.30% | 3.34% | 3.36% | 2.85% | 3.08% | 3.02% |
| █▃▄▅▆▂▄▁ | NPA / Assets (%) | 0.94% | 0.77% | 0.79% | 0.83% | 0.84% | 0.73% | 0.78% | 0.67% |
| █▅▅▆▆▄▂▁ | Net Charge-Off Ratio (%) | 1.06% | 0.83% | 0.85% | 0.92% | 0.90% | 0.80% | 0.66% | 0.55% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $392 | $443 | $467 | $494 | $513 | $535 | $567 | $603 |
| ▁▁▃▃▂▇██ | Gross Loans ($M) | $3,521 | $3,626 | $3,801 | $3,790 | $3,766 | $4,438 | $4,560 | $4,592 |
| ▁▁▂▃▂█▇▇ | Total Deposits ($M) | $3,162 | $3,178 | $3,328 | $3,406 | $3,295 | $3,861 | $3,695 | $3,732 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 5% |
| Other | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 52% |