Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.50% | -0.20 | 1.70% |
| Return on Equity (%) | ▼ | 16.75% | -2.44 | 19.19% |
| Net Interest Margin (%) | ▼ | 3.41% | -0.00 | 3.41% |
| Efficiency Ratio (%) | ▲ | 33.42% | -1.40 | 34.82% |
| Pre-Provision Profit ($M) | ▲ | $20 | +2.83 | $17 |
| Cost of Funds (%) | ▲ | 1.88% | -0.33 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,339 | +355.49 | $2,983 |
| Gross Loans ($M) | ▲ | $2,471 | +192.17 | $2,279 |
| Loan Growth YoY (%) | ▼ | 85.76% | -3.88 | 89.64% |
| Total Deposits ($M) | ▲ | $2,855 | +331.66 | $2,524 |
| Shareholders Equity ($M) | ▲ | $284 | +18.71 | $265 |
| Tang. Book Value ($M) | ▲ | $279 | +18.71 | $260 |
| TBV excl. AOCI ($M)** | ▲ | $311 | +25.54 | $286 |
| Loan / Deposit Ratio (%) | ▼ | 85.76% | -3.88 | 89.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.10 | 0.41% |
| Allowance / Loans (%) | — | 0.90% | 0.18% | 0.73% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -0.12 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.88% | -0.30 | 11.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▅▂▂▁▄█▁ | Net Interest Margin (%) | 3.44% | 3.43% | 3.41% | 3.41% | 3.41% | 3.42% | 3.45% | 3.41% |
| ██▆██▆▁▂ | Return on Assets (%) | 1.71% | 1.68% | 1.65% | 1.70% | 1.68% | 1.65% | 1.47% | 1.50% |
| ▇▇▇▆█▅▂▁ | Efficiency Ratio (%) | 35.1% | 35.0% | 34.9% | 34.8% | 35.3% | 34.5% | 33.8% | 33.4% |
| █▇▄▃▄▃▁▁ | Cost of Funds (%) | 2.81% | 2.58% | 2.25% | 2.20% | 2.31% | 2.20% | 1.94% | 1.88% |
| ▆▆█▆▁▆▄▃ | NPA / Assets (%) | 0.38% | 0.40% | 0.46% | 0.41% | 0.23% | 0.40% | 0.35% | 0.31% |
| ▆▆█▇▁▇▅▄ | Net Charge-Off Ratio (%) | 0.47% | 0.48% | 0.57% | 0.51% | 0.28% | 0.50% | 0.43% | 0.39% |
| ▃▁▂▄▅▇█▇ | Tang. Book Value ($M) | $254 | $235 | $246 | $260 | $266 | $280 | $288 | $279 |
| ▁▂▃▅▆▇▇█ | Gross Loans ($M) | $2,081 | $2,136 | $2,225 | $2,279 | $2,362 | $2,396 | $2,413 | $2,471 |
| ▁▁▃▄▆▆▆█ | Total Deposits ($M) | $2,232 | $2,267 | $2,396 | $2,524 | $2,645 | $2,653 | $2,663 | $2,855 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 38% |
| C&I / Commercial | 42% |
| Consumer | 13% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 19% |