Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.82% | +0.11 | 1.70% |
| Return on Equity (%) | ▲ | 16.72% | +1.01 | 15.71% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.04 | 3.86% |
| Efficiency Ratio (%) | ▲ | 40.80% | -2.83 | 43.62% |
| Pre-Provision Profit ($M) | ▲ | $14 | +1.32 | $13 |
| Cost of Funds (%) | ▲ | 1.45% | -0.38 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,356 | +117.29 | $2,238 |
| Gross Loans ($M) | ▲ | $1,928 | +149.76 | $1,779 |
| Loan Growth YoY (%) | ▲ | 100.20% | +5.09 | 95.11% |
| Total Deposits ($M) | ▲ | $1,906 | +54.65 | $1,851 |
| Shareholders Equity ($M) | ▲ | $262 | +9.90 | $252 |
| Tang. Book Value ($M) | ▲ | $258 | +11.43 | $247 |
| TBV excl. AOCI ($M)** | ▲ | $265 | +8.69 | $256 |
| Loan / Deposit Ratio (%) | ▲ | 100.20% | +5.09 | 95.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.01 | 0.30% |
| Allowance / Loans (%) | — | 0.97% | -0.04% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.35% | +0.02 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.02% | -0.58 | 13.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▅██▄▆ | Net Interest Margin (%) | 3.79% | 3.83% | 3.77% | 3.86% | 3.93% | 3.94% | 3.84% | 3.89% |
| ▆▃▁▄▆▇██ | Return on Assets (%) | 1.74% | 1.67% | 1.60% | 1.70% | 1.74% | 1.77% | 1.81% | 1.82% |
| ███▆▆▅▂▁ | Efficiency Ratio (%) | 44.4% | 44.6% | 44.3% | 43.6% | 43.5% | 43.0% | 41.3% | 40.8% |
| ███▇▄▂▂▁ | Cost of Funds (%) | 1.94% | 1.92% | 1.92% | 1.82% | 1.67% | 1.57% | 1.53% | 1.45% |
| ▆▂▁▇▄▅▅█ | NPA / Assets (%) | 0.29% | 0.26% | 0.24% | 0.30% | 0.27% | 0.29% | 0.28% | 0.31% |
| ▆▂▁▇▄▇▅█ | Net Charge-Off Ratio (%) | 0.32% | 0.28% | 0.27% | 0.33% | 0.31% | 0.34% | 0.31% | 0.35% |
| ▁▁▂▅█▂▅█ | Tang. Book Value ($M) | $236 | $232 | $238 | $247 | $256 | $237 | $247 | $258 |
| ▁▃▂▂▁▆▆█ | Gross Loans ($M) | $1,737 | $1,794 | $1,783 | $1,779 | $1,755 | $1,861 | $1,880 | $1,928 |
| ▆█▇▄▁▄█▇ | Total Deposits ($M) | $1,894 | $1,940 | $1,903 | $1,851 | $1,781 | $1,857 | $1,927 | $1,906 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 9% |