Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.36 | 1.05% |
| Return on Equity (%) | ▲ | 10.81% | +1.97 | 8.84% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.56 | 3.23% |
| Efficiency Ratio (%) | ▲ | 49.49% | -4.13 | 53.61% |
| Pre-Provision Profit ($M) | ▲ | $13 | +2.79 | $10 |
| Cost of Funds (%) | ▲ | 1.56% | -0.19 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,721 | +32.92 | $2,688 |
| Gross Loans ($M) | ▲ | $1,911 | +97.74 | $1,814 |
| Loan Growth YoY (%) | ▲ | 80.68% | +3.96 | 76.72% |
| Total Deposits ($M) | ▲ | $2,342 | +4.93 | $2,337 |
| Shareholders Equity ($M) | ▲ | $359 | +25.48 | $334 |
| Tang. Book Value ($M) | ▲ | $262 | +28.57 | $234 |
| TBV excl. AOCI ($M)** | ▲ | $288 | +21.91 | $266 |
| Loan / Deposit Ratio (%) | ▲ | 80.68% | +3.96 | 76.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.31% | +0.18 | 1.13% |
| Allowance / Loans (%) | — | 1.16% | 0.00% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.10 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.07% | +0.20 | 13.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.54% | 2.66% | 3.09% | 3.23% | 3.34% | 3.44% | 3.71% | 3.79% |
| ▁▁▄▅▅▆██ | Return on Assets (%) | 0.58% | 0.63% | 0.97% | 1.05% | 1.08% | 1.14% | 1.37% | 1.41% |
| ██▄▃▃▃▁▁ | Efficiency Ratio (%) | 60.9% | 60.5% | 54.2% | 53.6% | 53.3% | 52.7% | 49.8% | 49.5% |
| █▄▂▂▂▂▁▁ | Cost of Funds (%) | 2.47% | 1.94% | 1.77% | 1.75% | 1.75% | 1.68% | 1.57% | 1.56% |
| ▁▄▁▃▆█▇█ | NPA / Assets (%) | 1.09% | 1.18% | 1.06% | 1.13% | 1.22% | 1.29% | 1.26% | 1.31% |
| ▁█▁▁▄▇▃▆ | Net Charge-Off Ratio (%) | 0.03% | 0.18% | 0.03% | 0.03% | 0.10% | 0.15% | 0.07% | 0.13% |
| ▂▁▃▅▆█▇█ | Tang. Book Value ($M) | $218 | $204 | $219 | $234 | $246 | $258 | $250 | $262 |
| ▁▂▃▅▇▇██ | Gross Loans ($M) | $1,675 | $1,719 | $1,758 | $1,814 | $1,860 | $1,861 | $1,888 | $1,911 |
| ▁▃█▁▃▂▁▁ | Total Deposits ($M) | $2,340 | $2,357 | $2,408 | $2,337 | $2,358 | $2,353 | $2,345 | $2,342 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 5% |