Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.20 | 0.70% |
| Return on Equity (%) | ▲ | 8.92% | +1.97 | 6.95% |
| Net Interest Margin (%) | ▲ | 2.31% | +0.35 | 1.95% |
| Efficiency Ratio (%) | ▲ | 52.68% | -6.84 | 59.53% |
| Pre-Provision Profit ($M) | ▲ | $29 | +7.70 | $21 |
| Cost of Funds (%) | ▲ | 2.15% | -0.10 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $9,677 | -27.62 | $9,705 |
| Gross Loans ($M) | ▲ | $8,196 | +145.20 | $8,050 |
| Loan Growth YoY (%) | ▼ | 118.09% | -5.44 | 123.53% |
| Total Deposits ($M) | ▲ | $6,918 | +419.66 | $6,498 |
| Shareholders Equity ($M) | ▼ | $978 | -17.60 | $996 |
| Tang. Book Value ($M) | ▼ | $968 | -17.26 | $986 |
| TBV excl. AOCI ($M)** | ▼ | $1,008 | -25.90 | $1,034 |
| Loan / Deposit Ratio (%) | ▼ | 118.09% | -5.44 | 123.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.03 | 0.50% |
| Allowance / Loans (%) | — | 0.32% | 0.04% | 0.28% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.02 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 1.79% | 1.81% | 1.92% | 1.95% | 2.01% | 2.07% | 2.27% | 2.31% |
| ▁▁▃▅▅▆▇█ | Return on Assets (%) | 0.49% | 0.53% | 0.64% | 0.70% | 0.73% | 0.76% | 0.82% | 0.90% |
| ███▇▆▅▁▁ | Efficiency Ratio (%) | 61.3% | 60.5% | 60.5% | 59.5% | 58.7% | 57.3% | 52.8% | 52.7% |
| █▇▄▄▅▄▁▁ | Cost of Funds (%) | 2.37% | 2.34% | 2.25% | 2.25% | 2.27% | 2.25% | 2.14% | 2.15% |
| ▁▁▁▇▇▇██ | NPA / Assets (%) | 0.11% | 0.12% | 0.11% | 0.50% | 0.49% | 0.50% | 0.56% | 0.53% |
| ▁▁▁▇▇▇██ | Net Charge-Off Ratio (%) | 0.13% | 0.14% | 0.14% | 0.60% | 0.59% | 0.59% | 0.67% | 0.62% |
| ▁▁▅███▆▅ | Tang. Book Value ($M) | $939 | $944 | $966 | $986 | $988 | $985 | $973 | $968 |
| ▁▃▁▄▇█▇█ | Gross Loans ($M) | $7,932 | $7,985 | $7,902 | $8,050 | $8,138 | $8,206 | $8,142 | $8,196 |
| ▁▁▃▃▅▆██ | Total Deposits ($M) | $6,257 | $6,286 | $6,475 | $6,498 | $6,689 | $6,821 | $7,008 | $6,918 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 8% |