Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.22 | 1.42% |
| Return on Equity (%) | ▲ | 18.91% | +2.23 | 16.68% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.29 | 3.67% |
| Efficiency Ratio (%) | ▲ | 55.48% | -3.32 | 58.80% |
| Pre-Provision Profit ($M) | ▲ | $25 | +4.77 | $21 |
| Cost of Funds (%) | ▲ | 1.79% | -0.41 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,137 | +419.37 | $4,718 |
| Gross Loans ($M) | ▲ | $4,122 | +529.32 | $3,592 |
| Loan Growth YoY (%) | ▲ | 87.75% | +4.78 | 82.97% |
| Total Deposits ($M) | ▲ | $4,638 | +364.15 | $4,273 |
| Shareholders Equity ($M) | ▲ | $440 | +45.76 | $394 |
| Tang. Book Value ($M) | ▲ | $436 | +45.76 | $390 |
| TBV excl. AOCI ($M)** | ▲ | $443 | +44.24 | $399 |
| Loan / Deposit Ratio (%) | ▲ | 87.75% | +4.78 | 82.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.51 | 0.22% |
| Allowance / Loans (%) | — | 1.27% | -0.03% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.87% | +0.67 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.13% | -0.73 | 10.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 3.54% | 3.56% | 3.61% | 3.67% | 3.71% | 3.79% | 3.92% | 3.96% |
| █▇▁▃▄▆██ | Return on Assets (%) | 1.66% | 1.58% | 1.29% | 1.42% | 1.47% | 1.53% | 1.67% | 1.64% |
| ▁▃█▅▃▃▃▁ | Efficiency Ratio (%) | 54.9% | 57.0% | 61.8% | 58.8% | 57.3% | 56.8% | 57.1% | 55.5% |
| █▇▄▄▅▃▁▁ | Cost of Funds (%) | 2.62% | 2.45% | 2.20% | 2.19% | 2.21% | 2.05% | 1.84% | 1.79% |
| ▂▂▁▁▇▇▇█ | NPA / Assets (%) | 0.33% | 0.31% | 0.28% | 0.22% | 0.62% | 0.62% | 0.61% | 0.73% |
| ▃▂▁▁▇▇▇█ | Net Charge-Off Ratio (%) | 0.39% | 0.33% | 0.27% | 0.21% | 0.75% | 0.76% | 0.72% | 0.87% |
| ▁▁▂▂▄▇██ | Tang. Book Value ($M) | $377 | $378 | $385 | $390 | $405 | $423 | $431 | $436 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $3,231 | $3,307 | $3,382 | $3,592 | $3,772 | $3,799 | $3,923 | $4,122 |
| ▁▂▁▄▆▆▆█ | Total Deposits ($M) | $3,990 | $4,130 | $4,003 | $4,273 | $4,457 | $4,456 | $4,440 | $4,638 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 28% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 13% |