Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.17 | 0.46% |
| Return on Equity (%) | ▲ | 5.41% | +1.24 | 4.17% |
| Net Interest Margin (%) | ▲ | 2.84% | +0.48 | 2.37% |
| Efficiency Ratio (%) | ▲ | 66.68% | -8.43 | 75.11% |
| Pre-Provision Profit ($M) | ▲ | $10 | +3.23 | $6 |
| Cost of Funds (%) | ▲ | 2.11% | -0.25 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $4,036 | +53.92 | $3,982 |
| Gross Loans ($M) | ▲ | $3,291 | +105.10 | $3,186 |
| Loan Growth YoY (%) | ▲ | 107.37% | +5.00 | 102.37% |
| Total Deposits ($M) | ▼ | $3,040 | -45.37 | $3,085 |
| Shareholders Equity ($M) | ▲ | $479 | +24.90 | $454 |
| Tang. Book Value ($M) | ▲ | $445 | +25.04 | $420 |
| TBV excl. AOCI ($M)** | ▲ | $468 | +22.85 | $446 |
| Loan / Deposit Ratio (%) | ▲ | 107.37% | +5.00 | 102.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.06 | 0.53% |
| Allowance / Loans (%) | — | 0.84% | -0.04% | 0.88% |
| Net Charge-Off Ratio (%) | ▲ | 0.58% | -0.08 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.80% | +0.28 | 16.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▅██ | Net Interest Margin (%) | 2.06% | 2.07% | 2.23% | 2.37% | 2.40% | 2.46% | 2.81% | 2.84% |
| ▁▁▃▄▄▃██ | Return on Assets (%) | 0.34% | 0.33% | 0.42% | 0.46% | 0.45% | 0.44% | 0.62% | 0.63% |
| ██▆▅▆▅▁▁ | Efficiency Ratio (%) | 81.1% | 81.5% | 76.0% | 75.1% | 76.3% | 75.8% | 66.8% | 66.7% |
| ██▆▅▄▂▁▁ | Cost of Funds (%) | 2.59% | 2.55% | 2.43% | 2.37% | 2.29% | 2.22% | 2.10% | 2.11% |
| ▁▂▅██▇▆▇ | NPA / Assets (%) | 0.17% | 0.22% | 0.38% | 0.53% | 0.53% | 0.47% | 0.43% | 0.47% |
| ▁▂▅██▇▆▇ | Net Charge-Off Ratio (%) | 0.22% | 0.28% | 0.48% | 0.66% | 0.66% | 0.58% | 0.52% | 0.58% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $402 | $405 | $413 | $420 | $426 | $434 | $439 | $445 |
| ▁▂▁▁▅▆▇█ | Gross Loans ($M) | $3,187 | $3,194 | $3,178 | $3,186 | $3,236 | $3,260 | $3,277 | $3,291 |
| ▁▅█▅▄█▇▃ | Total Deposits ($M) | $2,999 | $3,087 | $3,147 | $3,085 | $3,067 | $3,150 | $3,116 | $3,040 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 9% |