Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.32 | 0.96% |
| Return on Equity (%) | ▲ | 11.38% | +2.49 | 8.89% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.33 | 3.11% |
| Efficiency Ratio (%) | ▲ | 51.12% | -1.44 | 52.56% |
| Pre-Provision Profit ($M) | ▲ | $36 | +4.39 | $32 |
| Cost of Funds (%) | ▲ | 1.91% | -0.27 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,954 | +136.38 | $7,818 |
| Gross Loans ($M) | ▲ | $6,552 | +196.71 | $6,356 |
| Loan Growth YoY (%) | ▼ | 93.08% | -0.25 | 93.33% |
| Total Deposits ($M) | ▲ | $6,964 | +225.76 | $6,738 |
| Shareholders Equity ($M) | ▲ | $889 | +47.63 | $841 |
| Tang. Book Value ($M) | ▲ | $872 | +47.63 | $824 |
| TBV excl. AOCI ($M)** | ▲ | $914 | +46.39 | $868 |
| Loan / Deposit Ratio (%) | ▼ | 93.08% | -0.25 | 93.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.21 | 0.33% |
| Allowance / Loans (%) | — | 1.08% | 0.03% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.26 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.40% | +0.08 | 13.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.82% | 2.87% | 3.07% | 3.11% | 3.18% | 3.24% | 3.44% | 3.44% |
| ▁▁▃▂▄▄██ | Return on Assets (%) | 0.90% | 0.94% | 1.03% | 0.96% | 1.05% | 1.09% | 1.25% | 1.28% |
| █▇▂▂▁▁▁▁ | Efficiency Ratio (%) | 57.3% | 56.5% | 52.4% | 52.6% | 51.5% | 51.6% | 51.3% | 51.1% |
| █▆▄▄▄▃▁▁ | Cost of Funds (%) | 2.54% | 2.36% | 2.22% | 2.18% | 2.18% | 2.08% | 1.92% | 1.91% |
| █▂▇▄▃▃▁▁ | NPA / Assets (%) | 0.57% | 0.19% | 0.46% | 0.33% | 0.27% | 0.26% | 0.16% | 0.12% |
| █▂▇▄▃▂▁▁ | Net Charge-Off Ratio (%) | 0.68% | 0.23% | 0.57% | 0.41% | 0.30% | 0.28% | 0.19% | 0.15% |
| ▁▁▂▄▅▇██ | Tang. Book Value ($M) | $802 | $795 | $813 | $824 | $842 | $855 | $865 | $872 |
| ▂▁▁▃████ | Gross Loans ($M) | $6,312 | $6,260 | $6,294 | $6,356 | $6,535 | $6,571 | $6,550 | $6,552 |
| ▁▁▄▅▆▄▆█ | Total Deposits ($M) | $6,417 | $6,447 | $6,626 | $6,738 | $6,772 | $6,686 | $6,802 | $6,964 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 20% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 19% |