Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.79% | +0.29 | 1.49% |
| Return on Equity (%) | ▲ | 19.86% | +2.54 | 17.32% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.47 | 3.69% |
| Efficiency Ratio (%) | ▲ | 56.71% | -5.69 | 62.40% |
| Pre-Provision Profit ($M) | ▲ | $11 | +3.16 | $8 |
| Cost of Funds (%) | ▲ | 1.57% | -0.04 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,250 | +275.29 | $1,975 |
| Gross Loans ($M) | ▲ | $1,819 | +252.81 | $1,566 |
| Loan Growth YoY (%) | ▲ | 99.96% | +12.42 | 87.54% |
| Total Deposits ($M) | ▲ | $1,804 | +32.37 | $1,771 |
| Shareholders Equity ($M) | ▲ | $198 | +22.79 | $175 |
| Tang. Book Value ($M) | ▲ | $198 | +22.79 | $175 |
| TBV excl. AOCI ($M)** | ▲ | $212 | +25.48 | $187 |
| Loan / Deposit Ratio (%) | ▲ | 99.96% | +12.42 | 87.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.06 | 0.30% |
| Allowance / Loans (%) | — | 0.87% | -0.11% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.45% | +0.06 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.31% | -0.56 | 11.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆██ | Net Interest Margin (%) | 3.31% | 3.42% | 3.61% | 3.69% | 3.77% | 3.91% | 4.14% | 4.16% |
| ▁▁▄▅▆▆▇█ | Return on Assets (%) | 1.10% | 1.12% | 1.43% | 1.49% | 1.54% | 1.58% | 1.69% | 1.79% |
| ██▅▄▃▃▂▁ | Efficiency Ratio (%) | 70.6% | 69.5% | 64.3% | 62.4% | 61.6% | 60.2% | 58.8% | 56.7% |
| █▅▄▃▃▁▁▂ | Cost of Funds (%) | 1.90% | 1.71% | 1.67% | 1.61% | 1.61% | 1.53% | 1.49% | 1.57% |
| ▄▁▃▆▄█▆█ | NPA / Assets (%) | 0.26% | 0.17% | 0.23% | 0.30% | 0.26% | 0.38% | 0.32% | 0.36% |
| ▄▁▃▆▄█▇█ | Net Charge-Off Ratio (%) | 0.32% | 0.21% | 0.29% | 0.38% | 0.31% | 0.44% | 0.39% | 0.45% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $164 | $163 | $169 | $175 | $182 | $188 | $192 | $198 |
| ▁▁▁▁▂▃▅█ | Gross Loans ($M) | $1,547 | $1,566 | $1,566 | $1,566 | $1,584 | $1,636 | $1,708 | $1,819 |
| ▁▄▅▅█▇█▇ | Total Deposits ($M) | $1,652 | $1,732 | $1,772 | $1,771 | $1,835 | $1,825 | $1,853 | $1,804 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 4% |