Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.59% | +0.07 | 1.52% |
| Return on Equity (%) | ▼ | 11.96% | -0.19 | 12.15% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.06 | 3.71% |
| Efficiency Ratio (%) | ▲ | 41.90% | -1.21 | 43.11% |
| Pre-Provision Profit ($M) | ▲ | $13 | +0.92 | $12 |
| Cost of Funds (%) | ▲ | 2.64% | -0.44 | 3.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,277 | +98.03 | $2,179 |
| Gross Loans ($M) | ▲ | $1,935 | +160.45 | $1,774 |
| Loan Growth YoY (%) | ▲ | 99.93% | +3.68 | 96.25% |
| Total Deposits ($M) | ▲ | $1,911 | +89.30 | $1,822 |
| Shareholders Equity ($M) | ▲ | $309 | +36.67 | $272 |
| Tang. Book Value ($M) | ▲ | $308 | +36.83 | $271 |
| TBV excl. AOCI ($M)** | ▲ | $311 | +36.81 | $274 |
| Loan / Deposit Ratio (%) | ▲ | 99.93% | +3.68 | 96.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.83% | +0.38 | 1.45% |
| Allowance / Loans (%) | — | 1.29% | 0.12% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 2.16% | +0.38 | 1.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.60% | +0.47 | 15.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆▁▄▇█▂▆ | Net Interest Margin (%) | 3.74% | 3.78% | 3.64% | 3.71% | 3.80% | 3.83% | 3.68% | 3.77% |
| ▅█▁▄█▇▂▇ | Return on Assets (%) | 1.55% | 1.62% | 1.45% | 1.52% | 1.61% | 1.58% | 1.49% | 1.59% |
| █▂█▅▁▁▄▂ | Efficiency Ratio (%) | 44.5% | 41.9% | 44.9% | 43.1% | 41.2% | 41.0% | 42.5% | 41.9% |
| █▇▄▅▅▂▁▁ | Cost of Funds (%) | 3.45% | 3.33% | 3.03% | 3.08% | 3.06% | 2.82% | 2.69% | 2.64% |
| ▁▁▂▄▃▆▆█ | NPA / Assets (%) | 1.16% | 1.12% | 1.29% | 1.45% | 1.32% | 1.60% | 1.63% | 1.83% |
| ▂▁▃▅▃▆▆█ | Net Charge-Off Ratio (%) | 1.42% | 1.31% | 1.56% | 1.78% | 1.62% | 1.90% | 1.91% | 2.16% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $246 | $254 | $262 | $271 | $282 | $290 | $298 | $308 |
| ▁▃▄▄▆▇██ | Gross Loans ($M) | $1,615 | $1,707 | $1,762 | $1,774 | $1,822 | $1,869 | $1,911 | $1,935 |
| ▁▁▄▆▇▇██ | Total Deposits ($M) | $1,669 | $1,669 | $1,786 | $1,822 | $1,868 | $1,868 | $1,886 | $1,911 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 34% |