Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.28 | 0.87% |
| Return on Equity (%) | ▲ | 7.44% | +1.78 | 5.66% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.49 | 3.17% |
| Efficiency Ratio (%) | ▲ | 54.12% | -8.70 | 62.82% |
| Pre-Provision Profit ($M) | ▲ | $15 | +3.98 | $11 |
| Cost of Funds (%) | ▲ | 2.48% | -0.25 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,485 | +341.19 | $3,144 |
| Gross Loans ($M) | ▲ | $2,910 | +421.83 | $2,489 |
| Loan Growth YoY (%) | ▲ | 126.05% | +6.76 | 119.29% |
| Total Deposits ($M) | ▲ | $2,287 | +221.08 | $2,066 |
| Shareholders Equity ($M) | ▲ | $525 | +41.69 | $484 |
| Tang. Book Value ($M) | ▲ | $525 | +41.72 | $483 |
| TBV excl. AOCI ($M)** | ▲ | $542 | +36.97 | $505 |
| Loan / Deposit Ratio (%) | ▲ | 126.05% | +6.76 | 119.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -0.11 | 0.79% |
| Allowance / Loans (%) | — | 0.95% | -0.02% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.81% | -0.19 | 1.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.87% | -2.29 | 20.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.75% | 2.79% | 3.05% | 3.17% | 3.25% | 3.35% | 3.64% | 3.66% |
| ▁▁▅▅▅▇██ | Return on Assets (%) | 0.52% | 0.51% | 0.86% | 0.87% | 0.89% | 1.01% | 1.15% | 1.15% |
| ██▅▄▃▂▁▁ | Efficiency Ratio (%) | 76.9% | 75.8% | 65.6% | 62.8% | 61.0% | 58.1% | 54.3% | 54.1% |
| ██▆▅▅▂▁▁ | Cost of Funds (%) | 2.97% | 2.94% | 2.84% | 2.74% | 2.75% | 2.61% | 2.49% | 2.48% |
| ▁██▆█▇▂▃ | NPA / Assets (%) | 0.57% | 0.90% | 0.89% | 0.79% | 0.89% | 0.84% | 0.62% | 0.68% |
| ▁██▅▇▆▁▂ | Net Charge-Off Ratio (%) | 0.78% | 1.18% | 1.14% | 1.00% | 1.11% | 1.02% | 0.75% | 0.81% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $466 | $467 | $476 | $483 | $493 | $505 | $515 | $525 |
| ▁▂▃▄▄▅▆█ | Gross Loans ($M) | $2,214 | $2,320 | $2,402 | $2,489 | $2,521 | $2,628 | $2,727 | $2,910 |
| ▁▁▃▄▄▄▆█ | Total Deposits ($M) | $1,899 | $1,909 | $2,031 | $2,066 | $2,076 | $2,062 | $2,148 | $2,287 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 15% |