Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.03 | 0.98% |
| Return on Equity (%) | ▲ | 9.14% | +1.10 | 8.04% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.28 | 3.61% |
| Efficiency Ratio (%) | ▲ | 58.00% | -2.21 | 60.22% |
| Pre-Provision Profit ($M) | ▲ | $32 | +10.66 | $21 |
| Cost of Funds (%) | ▲ | 2.35% | -0.27 | 2.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,416 | +2290.16 | $5,126 |
| Gross Loans ($M) | ▲ | $6,482 | +1941.57 | $4,541 |
| Loan Growth YoY (%) | ▼ | 101.26% | -3.90 | 105.16% |
| Total Deposits ($M) | ▲ | $6,320 | +2043.29 | $4,277 |
| Shareholders Equity ($M) | ▲ | $811 | +176.91 | $634 |
| Tang. Book Value ($M) | ▲ | $773 | +142.17 | $631 |
| TBV excl. AOCI ($M)** | ▲ | $787 | +144.03 | $642 |
| Loan / Deposit Ratio (%) | ▼ | 101.26% | -3.90 | 105.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.13 | 0.24% |
| Allowance / Loans (%) | — | 1.27% | 0.33% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.43% | +0.15 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.50% | -1.67 | 13.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▄▄▅▇█ | Net Interest Margin (%) | 3.49% | 3.42% | 3.46% | 3.61% | 3.64% | 3.67% | 3.82% | 3.89% |
| ▁▂▅▇█▆▄█ | Return on Assets (%) | 0.67% | 0.73% | 0.87% | 0.98% | 1.02% | 0.90% | 0.82% | 1.01% |
| ▆▇█▄▃█▄▁ | Efficiency Ratio (%) | 62.1% | 62.2% | 63.4% | 60.2% | 59.6% | 63.5% | 60.5% | 58.0% |
| ▆█▅▄▄▁▁▁ | Cost of Funds (%) | 2.86% | 3.08% | 2.68% | 2.62% | 2.57% | 2.25% | 2.33% | 2.35% |
| ▂▁▁▁▁▆█▃ | NPA / Assets (%) | 0.33% | 0.28% | 0.22% | 0.24% | 0.21% | 0.63% | 0.80% | 0.37% |
| ▂▁▁▁▁▆█▃ | Net Charge-Off Ratio (%) | 0.38% | 0.32% | 0.25% | 0.27% | 0.24% | 0.72% | 0.91% | 0.43% |
| ▁▁▂▂▃▇██ | Tang. Book Value ($M) | $591 | $604 | $616 | $631 | $648 | $740 | $752 | $773 |
| ▁▁▁▂▂▇██ | Gross Loans ($M) | $4,249 | $4,333 | $4,465 | $4,541 | $4,715 | $6,052 | $6,273 | $6,482 |
| ▁▁▁▁▂▇██ | Total Deposits ($M) | $4,047 | $4,182 | $4,331 | $4,277 | $4,571 | $5,859 | $6,102 | $6,320 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 17% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 23% |