Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.58% | +0.30 | 0.28% |
| Return on Equity (%) | ▲ | 5.31% | +2.54 | 2.77% |
| Net Interest Margin (%) | ▲ | 2.74% | +0.44 | 2.29% |
| Efficiency Ratio (%) | ▲ | 72.57% | -8.41 | 80.98% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.92 | $4 |
| Cost of Funds (%) | ▲ | 1.98% | -0.28 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,070 | +73.03 | $2,997 |
| Gross Loans ($M) | ▲ | $2,226 | +152.99 | $2,073 |
| Loan Growth YoY (%) | ▲ | 89.46% | +4.27 | 85.20% |
| Total Deposits ($M) | ▲ | $2,465 | +54.09 | $2,411 |
| Shareholders Equity ($M) | ▲ | $336 | +27.52 | $308 |
| Tang. Book Value ($M) | ▲ | $331 | +27.66 | $304 |
| TBV excl. AOCI ($M)** | ▲ | $360 | +25.80 | $334 |
| Loan / Deposit Ratio (%) | ▲ | 89.46% | +4.27 | 85.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.43% | +0.34 | 0.10% |
| Allowance / Loans (%) | — | 0.94% | 0.01% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 0.56% | +0.42 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.17% | -0.64 | 16.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅██ | Net Interest Margin (%) | 2.22% | 2.19% | 2.18% | 2.29% | 2.40% | 2.48% | 2.68% | 2.74% |
| ▄▂▁▂▃▄██ | Return on Assets (%) | 0.39% | 0.28% | 0.19% | 0.28% | 0.32% | 0.39% | 0.62% | 0.58% |
| ▇█▆▅▃▃▁▁ | Efficiency Ratio (%) | 84.6% | 87.1% | 83.3% | 81.0% | 77.1% | 77.5% | 72.1% | 72.6% |
| ██▆▄▄▃▁▁ | Cost of Funds (%) | 2.61% | 2.58% | 2.37% | 2.26% | 2.29% | 2.15% | 2.02% | 1.98% |
| ▁▁▁▁█▇██ | NPA / Assets (%) | 0.06% | 0.06% | 0.10% | 0.10% | 0.40% | 0.37% | 0.40% | 0.43% |
| ▁▁▁▁█▇██ | Net Charge-Off Ratio (%) | 0.10% | 0.09% | 0.14% | 0.14% | 0.56% | 0.49% | 0.52% | 0.56% |
| ▃▁▂▄▅▇██ | Tang. Book Value ($M) | $302 | $287 | $297 | $304 | $314 | $323 | $327 | $331 |
| ▁▁▂▅▇▆▇█ | Gross Loans ($M) | $1,931 | $1,919 | $1,995 | $2,073 | $2,177 | $2,114 | $2,151 | $2,226 |
| ▁▂▂▆▅▇▇█ | Total Deposits ($M) | $2,274 | $2,307 | $2,303 | $2,411 | $2,391 | $2,421 | $2,428 | $2,465 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 9% |