Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.69% | -0.08 | 1.77% |
| Return on Equity (%) | ▲ | 16.49% | +0.01 | 16.48% |
| Net Interest Margin (%) | ▼ | 3.64% | -0.13 | 3.77% |
| Efficiency Ratio (%) | ▼ | 33.01% | +1.00 | 32.01% |
| Pre-Provision Profit ($M) | ▲ | $50 | +1.53 | $48 |
| Cost of Funds (%) | ▲ | 2.71% | -0.23 | 2.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,731 | +451.45 | $7,280 |
| Gross Loans ($M) | ▲ | $6,279 | +531.67 | $5,748 |
| Loan Growth YoY (%) | ▲ | 95.77% | +2.51 | 93.27% |
| Total Deposits ($M) | ▲ | $6,477 | +393.27 | $6,084 |
| Shareholders Equity ($M) | ▲ | $794 | +45.87 | $748 |
| Tang. Book Value ($M) | ▲ | $793 | +45.95 | $747 |
| TBV excl. AOCI ($M)** | ▲ | $820 | +43.33 | $777 |
| Loan / Deposit Ratio (%) | ▲ | 95.77% | +2.51 | 93.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.32% | +0.41 | 0.91% |
| Allowance / Loans (%) | — | 1.21% | -0.07% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 1.57% | +0.66 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.06% | -0.11 | 11.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▄▅▅▁▂ | Net Interest Margin (%) | 4.14% | 4.14% | 3.69% | 3.77% | 3.85% | 3.85% | 3.53% | 3.64% |
| █▇▂▄▅▅▁▂ | Return on Assets (%) | 1.97% | 1.92% | 1.71% | 1.77% | 1.83% | 1.84% | 1.63% | 1.69% |
| ▁▄█▆▄▃█▇ | Efficiency Ratio (%) | 28.4% | 31.0% | 33.7% | 32.0% | 30.7% | 30.4% | 33.8% | 33.0% |
| █▆▃▃▃▂▁▁ | Cost of Funds (%) | 3.53% | 3.27% | 2.92% | 2.94% | 2.97% | 2.88% | 2.69% | 2.71% |
| ▁▁▅▃▃▂█▅ | NPA / Assets (%) | 0.50% | 0.35% | 1.30% | 0.91% | 0.94% | 0.72% | 2.25% | 1.32% |
| ▁▁▄▃▁▃█▅ | Net Charge-Off Ratio (%) | 0.35% | 0.17% | 1.40% | 0.91% | 0.30% | 0.85% | 2.76% | 1.57% |
| ▁▃▆▁▅█▄█ | Tang. Book Value ($M) | $749 | $762 | $778 | $747 | $775 | $789 | $769 | $793 |
| ▁▁▁▂▄▆▇█ | Gross Loans ($M) | $5,581 | $5,654 | $5,645 | $5,748 | $5,882 | $6,065 | $6,135 | $6,279 |
| ▁▁▃▃▅▇██ | Total Deposits ($M) | $5,874 | $5,921 | $6,078 | $6,084 | $6,237 | $6,350 | $6,432 | $6,477 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 27% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 42% |