Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.29 | 0.65% |
| Return on Equity (%) | ▲ | 7.33% | +2.27 | 5.06% |
| Net Interest Margin (%) | ▲ | 2.86% | +0.33 | 2.53% |
| Efficiency Ratio (%) | ▲ | 52.25% | -6.51 | 58.76% |
| Pre-Provision Profit ($M) | ▲ | $21 | +4.45 | $17 |
| Cost of Funds (%) | ▲ | 1.76% | -0.19 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $5,501 | -177.23 | $5,679 |
| Gross Loans ($M) | ▼ | $3,710 | -210.26 | $3,921 |
| Loan Growth YoY (%) | ▼ | 91.69% | -4.68 | 96.36% |
| Total Deposits ($M) | ▼ | $4,007 | -24.57 | $4,031 |
| Shareholders Equity ($M) | ▼ | $721 | -15.67 | $737 |
| Tang. Book Value ($M) | ▲ | $721 | +25.41 | $696 |
| TBV excl. AOCI ($M)** | ▲ | $783 | +21.24 | $761 |
| Loan / Deposit Ratio (%) | ▼ | 91.69% | -4.68 | 96.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.13 | 0.29% |
| Allowance / Loans (%) | — | 1.00% | 0.07% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.20 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.15% | 2.18% | 2.43% | 2.53% | 2.56% | 2.61% | 2.78% | 2.86% |
| ▄▅▅▆▆▁██ | Return on Assets (%) | 0.47% | 0.56% | 0.59% | 0.65% | 0.70% | 0.05% | 0.99% | 0.94% |
| ▅▄▃▂▂█▁▁ | Efficiency Ratio (%) | 67.6% | 64.3% | 59.9% | 58.8% | 58.5% | 82.7% | 52.3% | 52.3% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 2.15% | 2.10% | 1.95% | 1.94% | 1.95% | 1.84% | 1.77% | 1.76% |
| █▄▃▁▃▁▄▄ | NPA / Assets (%) | 0.57% | 0.40% | 0.38% | 0.29% | 0.37% | 0.31% | 0.41% | 0.42% |
| █▃▃▁▃▂▅▅ | Net Charge-Off Ratio (%) | 0.80% | 0.56% | 0.54% | 0.42% | 0.54% | 0.47% | 0.61% | 0.62% |
| ▁▂▄▃▅▇█▇ | Tang. Book Value ($M) | $671 | $683 | $701 | $696 | $706 | $724 | $737 | $721 |
| ██▇▅▅▄▃▁ | Gross Loans ($M) | $4,064 | $4,027 | $3,996 | $3,921 | $3,900 | $3,857 | $3,808 | $3,710 |
| ▁██▄▃▄▇▃ | Total Deposits ($M) | $3,927 | $4,184 | $4,178 | $4,031 | $4,016 | $4,049 | $4,121 | $4,007 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 4% |