Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.03% | -0.31 | 2.34% |
| Return on Equity (%) | ▼ | 16.38% | -0.56 | 16.94% |
| Net Interest Margin (%) | ▼ | 4.15% | -0.39 | 4.54% |
| Efficiency Ratio (%) | ▼ | 40.86% | +2.65 | 38.21% |
| Pre-Provision Profit ($M) | ▼ | $15 | -1.28 | $16 |
| Cost of Funds (%) | ▲ | 1.23% | -0.19 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,205 | +100.09 | $2,105 |
| Gross Loans ($M) | ▲ | $1,147 | +31.97 | $1,115 |
| Loan Growth YoY (%) | ▼ | 58.60% | -2.07 | 60.67% |
| Total Deposits ($M) | ▲ | $1,918 | +116.79 | $1,801 |
| Shareholders Equity ($M) | ▼ | $276 | -17.13 | $293 |
| Tang. Book Value ($M) | ▼ | $276 | -17.13 | $293 |
| TBV excl. AOCI ($M)** | ▼ | $315 | -8.11 | $323 |
| Loan / Deposit Ratio (%) | ▼ | 58.60% | -2.07 | 60.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.08 | 0.03% |
| Allowance / Loans (%) | — | 1.98% | 0.02% | 1.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.15 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 25.03% | -1.76 | 26.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅▆▆▅▁▁ | Net Interest Margin (%) | 4.79% | 4.74% | 4.51% | 4.54% | 4.54% | 4.49% | 4.10% | 4.15% |
| ██▆▆▆▆▁▁ | Return on Assets (%) | 2.46% | 2.42% | 2.34% | 2.34% | 2.33% | 2.34% | 2.03% | 2.03% |
| ▁▁▁▂▃▄▆█ | Efficiency Ratio (%) | 37.6% | 37.9% | 37.9% | 38.2% | 38.5% | 39.1% | 39.8% | 40.9% |
| █▆▅▄▅▄▁▁ | Cost of Funds (%) | 1.63% | 1.48% | 1.45% | 1.41% | 1.46% | 1.40% | 1.22% | 1.23% |
| ▁▁▃▂▃▃▇█ | NPA / Assets (%) | 0.02% | 0.01% | 0.05% | 0.03% | 0.05% | 0.04% | 0.09% | 0.11% |
| ▁▁▃▂▃▃██ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.09% | 0.05% | 0.09% | 0.08% | 0.18% | 0.20% |
| ▁▃▇▇█▁▃▃ | Tang. Book Value ($M) | $268 | $276 | $291 | $293 | $297 | $270 | $278 | $276 |
| ▁▄▇▆█▇▅█ | Gross Loans ($M) | $1,052 | $1,099 | $1,133 | $1,115 | $1,148 | $1,126 | $1,111 | $1,147 |
| ▁▄▂▄▅██▇ | Total Deposits ($M) | $1,701 | $1,802 | $1,737 | $1,801 | $1,847 | $1,924 | $1,949 | $1,918 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 23% |