Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.71% | -0.28 | 1.99% |
| Return on Equity (%) | ▼ | 16.05% | -2.48 | 18.53% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.01 | 4.11% |
| Efficiency Ratio (%) | ▲ | 54.76% | -0.56 | 55.31% |
| Pre-Provision Profit ($M) | ▼ | $25 | -1.31 | $26 |
| Cost of Funds (%) | ▲ | 1.65% | -0.44 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,622 | +422.07 | $5,200 |
| Gross Loans ($M) | ▲ | $4,632 | +234.58 | $4,398 |
| Loan Growth YoY (%) | ▼ | 95.68% | -9.70 | 105.38% |
| Total Deposits ($M) | ▲ | $4,765 | +668.95 | $4,096 |
| Shareholders Equity ($M) | ▲ | $602 | +16.43 | $586 |
| Tang. Book Value ($M) | ▲ | $587 | +16.02 | $570 |
| TBV excl. AOCI ($M)** | ▲ | $609 | +16.99 | $592 |
| Loan / Deposit Ratio (%) | ▼ | 95.68% | -9.70 | 105.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.02 | 0.65% |
| Allowance / Loans (%) | — | 1.59% | -0.27% | 1.86% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.03 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.80% | -0.64 | 12.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▇███▇█ | Net Interest Margin (%) | 3.87% | 3.88% | 4.08% | 4.11% | 4.11% | 4.11% | 4.08% | 4.12% |
| ▃▃█▇█▆▁▃ | Return on Assets (%) | 1.71% | 1.67% | 2.05% | 1.99% | 2.08% | 1.90% | 1.53% | 1.71% |
| ▇█▅▇▅▆▁▆ | Efficiency Ratio (%) | 55.4% | 56.5% | 53.7% | 55.3% | 53.5% | 54.2% | 50.3% | 54.8% |
| █▅▆▅▃▃▂▁ | Cost of Funds (%) | 2.44% | 2.14% | 2.15% | 2.09% | 1.90% | 1.94% | 1.76% | 1.65% |
| ▁▁▇█▁▇▆█ | NPA / Assets (%) | 0.48% | 0.48% | 0.62% | 0.65% | 0.46% | 0.62% | 0.59% | 0.67% |
| ▁▁▆█▁▇▇█ | Net Charge-Off Ratio (%) | 0.56% | 0.57% | 0.73% | 0.76% | 0.57% | 0.75% | 0.74% | 0.79% |
| ▁▁▃▅█▇██ | Tang. Book Value ($M) | $542 | $537 | $552 | $570 | $588 | $580 | $591 | $587 |
| ▁▃▃▁██▂▆ | Gross Loans ($M) | $4,385 | $4,507 | $4,484 | $4,398 | $4,686 | $4,717 | $4,461 | $4,632 |
| ▁▂▂▁▆███ | Total Deposits ($M) | $4,023 | $4,183 | $4,133 | $4,096 | $4,490 | $4,744 | $4,762 | $4,765 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 28% |
| Consumer | 5% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 6% |