Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 4.24% | +0.19 | 4.05% |
| Return on Equity (%) | ▼ | 27.93% | -1.02 | 28.95% |
| Net Interest Margin (%) | ▲ | 5.33% | +0.19 | 5.14% |
| Efficiency Ratio (%) | ▼ | 21.41% | +1.41 | 20.00% |
| Pre-Provision Profit ($M) | ▼ | $28 | -0.24 | $28 |
| Cost of Funds (%) | ▲ | 3.25% | -0.36 | 3.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,586 | -183.01 | $2,769 |
| Gross Loans ($M) | ▼ | $2,094 | -157.37 | $2,251 |
| Loan Growth YoY (%) | ▼ | 96.80% | -0.17 | 96.97% |
| Total Deposits ($M) | ▼ | $2,141 | -155.75 | $2,297 |
| Shareholders Equity ($M) | ▲ | $425 | +26.64 | $398 |
| Tang. Book Value ($M) | ▲ | $425 | +26.64 | $398 |
| TBV excl. AOCI ($M)** | ▲ | $434 | +28.39 | $406 |
| Loan / Deposit Ratio (%) | ▼ | 96.80% | -0.17 | 96.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.00% | -0.82 | 2.82% |
| Allowance / Loans (%) | — | 1.02% | -0.05% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 2.16% | -0.28 | 2.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▃▄▁▅ | Net Interest Margin (%) | 5.62% | 5.58% | 5.09% | 5.14% | 5.24% | 5.27% | 5.04% | 5.33% |
| █▁▂▂▃▁▁▄ | Return on Assets (%) | 4.60% | 4.00% | 4.07% | 4.05% | 4.14% | 3.98% | 3.94% | 4.24% |
| ▁▁▄▆▅▆▇█ | Efficiency Ratio (%) | 17.5% | 17.6% | 19.4% | 20.0% | 19.5% | 20.1% | 20.6% | 21.4% |
| ██▅▄▃▂▁▂ | Cost of Funds (%) | 4.19% | 4.08% | 3.67% | 3.60% | 3.50% | 3.33% | 3.09% | 3.25% |
| ▂▂▁███▃▁ | NPA / Assets (%) | 2.14% | 2.19% | 2.10% | 2.82% | 2.87% | 2.78% | 2.30% | 2.00% |
| ████▇▆▁▆ | Net Charge-Off Ratio (%) | 2.55% | 2.57% | 2.48% | 2.44% | 2.39% | 2.20% | 1.24% | 2.16% |
| ▁▂▁▃█▅▄█ | Tang. Book Value ($M) | $380 | $390 | $379 | $398 | $431 | $407 | $401 | $425 |
| ███▆▇▇▆▁ | Gross Loans ($M) | $2,307 | $2,289 | $2,283 | $2,251 | $2,274 | $2,260 | $2,232 | $2,094 |
| █▆█▇▇▄▄▁ | Total Deposits ($M) | $2,315 | $2,279 | $2,335 | $2,297 | $2,305 | $2,238 | $2,224 | $2,141 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 26% |