Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.43 | 0.86% |
| Return on Equity (%) | ▲ | 9.28% | +3.01 | 6.27% |
| Net Interest Margin (%) | ▲ | 2.98% | +0.19 | 2.79% |
| Efficiency Ratio (%) | ▲ | 46.12% | -13.26 | 59.38% |
| Pre-Provision Profit ($M) | ▲ | $14 | +4.73 | $10 |
| Cost of Funds (%) | ▲ | 2.76% | -0.32 | 3.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,199 | +260.31 | $2,939 |
| Gross Loans ($M) | ▲ | $2,185 | +38.09 | $2,147 |
| Loan Growth YoY (%) | ▲ | 116.20% | +2.57 | 113.63% |
| Total Deposits ($M) | ▼ | $1,855 | -7.71 | $1,863 |
| Shareholders Equity ($M) | ▲ | $439 | +26.92 | $412 |
| Tang. Book Value ($M) | ▲ | $413 | +27.45 | $386 |
| TBV excl. AOCI ($M)** | ▲ | $445 | +27.32 | $417 |
| Loan / Deposit Ratio (%) | ▲ | 116.20% | +2.57 | 113.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.01 | 0.67% |
| Allowance / Loans (%) | — | 1.34% | -0.06% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.03 | 0.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.49% | -2.10 | 19.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▄▅██ | Net Interest Margin (%) | 2.97% | 2.93% | 2.75% | 2.79% | 2.86% | 2.89% | 2.97% | 2.98% |
| ▄▄▁▂▃▄██ | Return on Assets (%) | 1.00% | 1.03% | 0.78% | 0.86% | 0.94% | 0.99% | 1.24% | 1.29% |
| ▇▇██▇▆▂▁ | Efficiency Ratio (%) | 59.1% | 57.7% | 61.2% | 59.4% | 57.8% | 56.4% | 48.6% | 46.1% |
| █▅▅▆▅▃▁▁ | Cost of Funds (%) | 3.21% | 3.03% | 3.01% | 3.08% | 3.00% | 2.92% | 2.74% | 2.76% |
| ▇█▁▂▂▅▂▂ | NPA / Assets (%) | 0.85% | 0.90% | 0.62% | 0.67% | 0.66% | 0.78% | 0.66% | 0.67% |
| ▂█▃▄▁▆▁▅ | Net Charge-Off Ratio (%) | 0.82% | 0.99% | 0.84% | 0.87% | 0.79% | 0.92% | 0.79% | 0.90% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $374 | $374 | $382 | $386 | $394 | $400 | $406 | $413 |
| ▂▅▁▂▄███ | Gross Loans ($M) | $2,141 | $2,164 | $2,135 | $2,147 | $2,156 | $2,180 | $2,180 | $2,185 |
| ▁▃█▅▅▇▆▅ | Total Deposits ($M) | $1,760 | $1,822 | $1,941 | $1,863 | $1,854 | $1,896 | $1,895 | $1,855 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 102% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 12% |