Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.21 | 0.87% |
| Return on Equity (%) | ▲ | 11.41% | +2.07 | 9.34% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.08 | 3.39% |
| Efficiency Ratio (%) | ▲ | 60.58% | -5.06 | 65.64% |
| Pre-Provision Profit ($M) | ▲ | $29 | +6.17 | $23 |
| Cost of Funds (%) | ▲ | 2.06% | -0.21 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,625 | +376.36 | $7,249 |
| Gross Loans ($M) | ▲ | $6,214 | +520.43 | $5,694 |
| Loan Growth YoY (%) | ▲ | 98.75% | +7.13 | 91.62% |
| Total Deposits ($M) | ▲ | $6,205 | +77.45 | $6,128 |
| Shareholders Equity ($M) | ▲ | $734 | +65.41 | $668 |
| Tang. Book Value ($M) | ▲ | $733 | +65.43 | $667 |
| TBV excl. AOCI ($M)** | ▲ | $783 | +63.76 | $719 |
| Loan / Deposit Ratio (%) | ▲ | 98.75% | +7.13 | 91.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.13 | 0.18% |
| Allowance / Loans (%) | — | 1.38% | -0.01% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.17 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.41% | +0.04 | 11.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▁▃▄▃▅ | Net Interest Margin (%) | 3.53% | 3.54% | 3.38% | 3.39% | 3.43% | 3.45% | 3.43% | 3.47% |
| ▃▂▁▁▂▂██ | Return on Assets (%) | 0.94% | 0.92% | 0.89% | 0.87% | 0.90% | 0.92% | 1.06% | 1.08% |
| ███▇▄▅▃▁ | Efficiency Ratio (%) | 66.2% | 66.7% | 67.0% | 65.6% | 63.6% | 63.8% | 62.5% | 60.6% |
| ██▅▆▇▄▁▁ | Cost of Funds (%) | 2.37% | 2.38% | 2.24% | 2.26% | 2.32% | 2.19% | 2.05% | 2.06% |
| ▁▁▅▅▅▅██ | NPA / Assets (%) | 0.04% | 0.04% | 0.21% | 0.18% | 0.20% | 0.18% | 0.31% | 0.31% |
| ▁▁▅▅▅▅██ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.25% | 0.21% | 0.25% | 0.22% | 0.39% | 0.38% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $637 | $633 | $652 | $667 | $693 | $696 | $713 | $733 |
| ▁▂▁▃▅▆▆█ | Gross Loans ($M) | $5,381 | $5,533 | $5,442 | $5,694 | $5,856 | $5,976 | $5,976 | $6,214 |
| ▁▁▃▆█▇█▇ | Total Deposits ($M) | $5,564 | $5,615 | $5,829 | $6,128 | $6,295 | $6,272 | $6,381 | $6,205 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 17% |