Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.21 | 0.84% |
| Return on Equity (%) | ▲ | 7.88% | +1.20 | 6.68% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.62 | 3.50% |
| Efficiency Ratio (%) | ▼ | 67.54% | +5.24 | 62.30% |
| Pre-Provision Profit ($M) | ▼ | $23 | -2.09 | $25 |
| Cost of Funds (%) | ▲ | 1.07% | -0.24 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $8,424 | +1358.66 | $7,066 |
| Gross Loans ($M) | ▲ | $5,748 | +972.89 | $4,775 |
| Loan Growth YoY (%) | ▼ | 80.76% | -0.85 | 81.61% |
| Total Deposits ($M) | ▲ | $7,043 | +1256.59 | $5,787 |
| Shareholders Equity ($M) | ▲ | $1,122 | +218.26 | $904 |
| Tang. Book Value ($M) | ▲ | $796 | +135.45 | $660 |
| TBV excl. AOCI ($M)** | ▲ | $877 | +149.80 | $728 |
| Loan / Deposit Ratio (%) | ▼ | 80.76% | -0.85 | 81.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.07 | 0.26% |
| Allowance / Loans (%) | — | 1.03% | -0.07% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.12 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.34% | -0.18 | 12.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▃██ | Net Interest Margin (%) | 3.34% | 3.37% | 3.45% | 3.50% | 3.57% | 3.63% | 4.07% | 4.12% |
| ▁▁▄▃▅▇█▇ | Return on Assets (%) | 0.68% | 0.71% | 0.89% | 0.84% | 0.96% | 1.07% | 1.15% | 1.05% |
| ▃▂▄▂▁▁▅█ | Efficiency Ratio (%) | 62.6% | 62.2% | 63.5% | 62.3% | 61.2% | 60.7% | 64.8% | 67.5% |
| █▇▆▆▅▃▁▂ | Cost of Funds (%) | 1.47% | 1.39% | 1.30% | 1.30% | 1.24% | 1.15% | 0.99% | 1.07% |
| ▃▁▁▇██▅▅ | NPA / Assets (%) | 0.15% | 0.07% | 0.06% | 0.26% | 0.30% | 0.30% | 0.19% | 0.19% |
| ▄▁▁▇██▄▅ | Net Charge-Off Ratio (%) | 0.23% | 0.11% | 0.09% | 0.39% | 0.44% | 0.44% | 0.26% | 0.27% |
| ▁▁▁▂▂▃██ | Tang. Book Value ($M) | $646 | $634 | $652 | $660 | $673 | $690 | $793 | $796 |
| ▁▁▁▁▁▁██ | Gross Loans ($M) | $4,679 | $4,802 | $4,765 | $4,775 | $4,769 | $4,783 | $5,722 | $5,748 |
| ▁▁▁▁▁▂█▇ | Total Deposits ($M) | $5,710 | $5,689 | $5,849 | $5,787 | $5,863 | $5,927 | $7,259 | $7,043 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 7% |