Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.11 | 1.37% |
| Return on Equity (%) | ▼ | 11.61% | -1.41 | 13.02% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.05 | 3.79% |
| Efficiency Ratio (%) | ▼ | 63.05% | +5.19 | 57.85% |
| Pre-Provision Profit ($M) | ▼ | $20 | -6.46 | $26 |
| Cost of Funds (%) | ▲ | 1.64% | -0.32 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $5,526 | -331.24 | $5,857 |
| Gross Loans ($M) | ▼ | $4,380 | -225.17 | $4,605 |
| Loan Growth YoY (%) | ▲ | 98.61% | +2.32 | 96.29% |
| Total Deposits ($M) | ▼ | $4,376 | -338.40 | $4,715 |
| Shareholders Equity ($M) | ▼ | $607 | -22.96 | $630 |
| Tang. Book Value ($M) | ▼ | $598 | -22.52 | $620 |
| TBV excl. AOCI ($M)** | ▼ | $632 | -24.10 | $656 |
| Loan / Deposit Ratio (%) | ▲ | 98.61% | +2.32 | 96.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.03 | 0.14% |
| Allowance / Loans (%) | — | 1.46% | 0.05% | 1.41% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.32% | +0.20 | 13.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇██▆█ | Net Interest Margin (%) | 3.55% | 3.59% | 3.70% | 3.79% | 3.81% | 3.82% | 3.76% | 3.84% |
| ▁▁▅██▆▆▄ | Return on Assets (%) | 1.19% | 1.17% | 1.27% | 1.37% | 1.34% | 1.31% | 1.31% | 1.26% |
| ▅▆▃▁▂▃▅█ | Efficiency Ratio (%) | 60.7% | 61.1% | 59.3% | 57.9% | 58.8% | 59.6% | 60.8% | 63.0% |
| █▇▅▅▅▂▁▁ | Cost of Funds (%) | 2.27% | 2.11% | 1.96% | 1.96% | 1.94% | 1.71% | 1.58% | 1.64% |
| ▁▆▆▂▂▃█▇ | NPA / Assets (%) | 0.13% | 0.16% | 0.16% | 0.14% | 0.14% | 0.14% | 0.18% | 0.17% |
| █▄▃▂▁▂▄▁ | Net Charge-Off Ratio (%) | 0.16% | 0.08% | 0.07% | 0.04% | 0.04% | 0.05% | 0.08% | 0.02% |
| █▂▄▅▇▁▁▁ | Tang. Book Value ($M) | $634 | $606 | $616 | $620 | $627 | $601 | $600 | $598 |
| ███▅▄▁▃▁ | Gross Loans ($M) | $4,786 | $4,762 | $4,762 | $4,605 | $4,538 | $4,428 | $4,528 | $4,380 |
| ▇▆█▆▄▃▃▁ | Total Deposits ($M) | $4,781 | $4,698 | $4,858 | $4,715 | $4,563 | $4,545 | $4,508 | $4,376 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 16% |