Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.40 | 0.64% |
| Return on Equity (%) | ▲ | 9.01% | +3.69 | 5.32% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.09 | 3.84% |
| Efficiency Ratio (%) | ▲ | 70.06% | -8.78 | 78.84% |
| Pre-Provision Profit ($M) | ▲ | $8 | +4.53 | $3 |
| Cost of Funds (%) | ▲ | 1.75% | -0.08 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,044 | +1375.08 | $1,669 |
| Gross Loans ($M) | ▲ | $2,264 | +1134.97 | $1,129 |
| Loan Growth YoY (%) | ▲ | 85.64% | +7.42 | 78.22% |
| Total Deposits ($M) | ▲ | $2,621 | +1192.15 | $1,429 |
| Shareholders Equity ($M) | ▲ | $359 | +162.54 | $196 |
| Tang. Book Value ($M) | ▲ | $275 | +137.88 | $137 |
| TBV excl. AOCI ($M)** | ▲ | $288 | +143.17 | $145 |
| Loan / Deposit Ratio (%) | ▲ | 85.64% | +7.42 | 78.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.06 | 0.33% |
| Allowance / Loans (%) | — | 0.86% | -0.16% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.28 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.86% | +1.17 | 11.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅█▁▁▆█▃▆ | Net Interest Margin (%) | 3.92% | 3.96% | 3.85% | 3.84% | 3.93% | 3.97% | 3.89% | 3.94% |
| ▁▁▁▁▁▂█▇ | Return on Assets (%) | 0.56% | 0.60% | 0.60% | 0.64% | 0.58% | 0.64% | 1.20% | 1.04% |
| ██▇▇█▆▁▂ | Efficiency Ratio (%) | 82.4% | 81.0% | 79.9% | 78.8% | 80.6% | 78.0% | 66.1% | 70.1% |
| █▅▂▂▄▂▁▁ | Cost of Funds (%) | 2.26% | 2.06% | 1.82% | 1.83% | 1.94% | 1.85% | 1.76% | 1.75% |
| ▁▂▃▃▃█▄▄ | NPA / Assets (%) | 0.17% | 0.24% | 0.37% | 0.33% | 0.32% | 0.73% | 0.41% | 0.39% |
| ▁▂▅▄▄█▁▁ | Net Charge-Off Ratio (%) | 0.11% | 0.23% | 0.53% | 0.45% | 0.45% | 0.80% | 0.17% | 0.17% |
| ▁▁▁▁▁▁██ | Tang. Book Value ($M) | $134 | $132 | $134 | $137 | $141 | $145 | $279 | $275 |
| ▁▁▁▁▁▁██ | Gross Loans ($M) | $1,090 | $1,102 | $1,096 | $1,129 | $1,155 | $1,166 | $2,292 | $2,264 |
| ▁▁▁▁▁▁██ | Total Deposits ($M) | $1,365 | $1,331 | $1,354 | $1,429 | $1,413 | $1,365 | $2,647 | $2,621 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 8% |