Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.46% | +0.11 | 0.35% |
| Return on Equity (%) | ▲ | 4.90% | +1.00 | 3.90% |
| Net Interest Margin (%) | ▲ | 2.28% | +0.30 | 1.97% |
| Efficiency Ratio (%) | ▲ | 71.67% | -4.37 | 76.04% |
| Pre-Provision Profit ($M) | ▲ | $12 | +2.05 | $10 |
| Cost of Funds (%) | ▲ | 2.18% | -0.14 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $7,665 | -62.19 | $7,728 |
| Gross Loans ($M) | ▲ | $5,881 | +62.48 | $5,819 |
| Loan Growth YoY (%) | ▲ | 101.73% | +0.51 | 101.22% |
| Total Deposits ($M) | ▲ | $5,737 | +33.35 | $5,703 |
| Shareholders Equity ($M) | ▲ | $721 | +18.72 | $703 |
| Tang. Book Value ($M) | ▲ | $607 | +19.20 | $588 |
| TBV excl. AOCI ($M)** | ▲ | $660 | +16.10 | $644 |
| Loan / Deposit Ratio (%) | ▲ | 101.73% | +0.51 | 101.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.70% | +0.11 | 0.59% |
| Allowance / Loans (%) | — | 0.77% | -0.02% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.81% | +0.03 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.44% | -0.18 | 13.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄██ | Net Interest Margin (%) | 1.88% | 1.87% | 1.92% | 1.97% | 2.03% | 2.07% | 2.25% | 2.28% |
| ▁▂██████ | Return on Assets (%) | -1.31% | -0.90% | 0.35% | 0.35% | 0.40% | 0.43% | 0.54% | 0.46% |
| ▆▇█▇▅▄▁▂ | Efficiency Ratio (%) | 75.6% | 76.2% | 77.7% | 76.0% | 74.4% | 73.4% | 70.6% | 71.7% |
| █▇▄▄▄▃▁▂ | Cost of Funds (%) | 2.64% | 2.55% | 2.36% | 2.32% | 2.36% | 2.26% | 2.12% | 2.18% |
| ▁▁▁▃█▅▅▅ | NPA / Assets (%) | 0.51% | 0.49% | 0.49% | 0.59% | 0.85% | 0.67% | 0.69% | 0.70% |
| ▁▁▁▃█▅▅▃ | Net Charge-Off Ratio (%) | 0.69% | 0.65% | 0.64% | 0.78% | 1.12% | 0.89% | 0.90% | 0.81% |
| ▂▁▂▂▅▆██ | Tang. Book Value ($M) | $588 | $584 | $588 | $588 | $597 | $600 | $605 | $607 |
| ▃▃▇▄▁▁▂█ | Gross Loans ($M) | $5,793 | $5,797 | $5,852 | $5,819 | $5,774 | $5,762 | $5,791 | $5,881 |
| ▁▇█▇▅███ | Total Deposits ($M) | $5,502 | $5,701 | $5,738 | $5,703 | $5,655 | $5,736 | $5,756 | $5,737 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |