Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.27 | 0.82% |
| Return on Equity (%) | ▲ | 3.16% | +0.76 | 2.40% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.32 | 3.46% |
| Efficiency Ratio (%) | ▲ | 59.29% | -3.72 | 63.02% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.60 | $7 |
| Cost of Funds (%) | ▲ | 1.17% | -0.02 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,211 | +66.09 | $2,145 |
| Gross Loans ($M) | ▲ | $1,964 | +10.24 | $1,954 |
| Loan Growth YoY (%) | ▼ | 138.78% | -3.77 | 142.55% |
| Total Deposits ($M) | ▲ | $1,402 | +44.07 | $1,358 |
| Shareholders Equity ($M) | ▲ | $772 | +21.92 | $750 |
| Tang. Book Value ($M) | ▲ | $772 | +21.92 | $750 |
| TBV excl. AOCI ($M)** | ▲ | $775 | +21.93 | $753 |
| Loan / Deposit Ratio (%) | ▼ | 138.78% | -3.77 | 142.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.25% | -0.19 | 1.44% |
| Allowance / Loans (%) | — | 0.93% | 0.01% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 1.22% | -0.13 | 1.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅██ | Net Interest Margin (%) | 3.24% | 3.25% | 3.32% | 3.46% | 3.54% | 3.56% | 3.72% | 3.77% |
| ▁▁▃▃▅▄██ | Return on Assets (%) | 0.73% | 0.68% | 0.79% | 0.82% | 0.91% | 0.84% | 1.08% | 1.10% |
| ██▆▄▃▅▁▁ | Efficiency Ratio (%) | 68.9% | 69.0% | 65.5% | 63.0% | 61.4% | 63.7% | 58.1% | 59.3% |
| ██▅▂▁▁▁▁ | Cost of Funds (%) | 1.43% | 1.45% | 1.33% | 1.19% | 1.13% | 1.16% | 1.16% | 1.17% |
| █▇▄▃▄▃▂▁ | NPA / Assets (%) | 1.90% | 1.80% | 1.54% | 1.44% | 1.56% | 1.42% | 1.38% | 1.25% |
| █▇▅▃▅▃▃▁ | Net Charge-Off Ratio (%) | 1.65% | 1.57% | 1.49% | 1.35% | 1.48% | 1.37% | 1.34% | 1.22% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $737 | $740 | $746 | $750 | $757 | $761 | $766 | $772 |
| █▅▃▁▁▁▁▂ | Gross Loans ($M) | $2,002 | $1,981 | $1,966 | $1,954 | $1,953 | $1,956 | $1,956 | $1,964 |
| ▇█▆▁▁▆▇▆ | Total Deposits ($M) | $1,421 | $1,431 | $1,401 | $1,358 | $1,352 | $1,404 | $1,418 | $1,402 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 12% |