Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.13% | +0.28 | 1.85% |
| Return on Equity (%) | ▲ | 15.49% | +0.96 | 14.53% |
| Net Interest Margin (%) | ▲ | 4.55% | +0.55 | 4.01% |
| Efficiency Ratio (%) | ▲ | 38.11% | -1.62 | 39.73% |
| Pre-Provision Profit ($M) | ▼ | $17 | -0.33 | $18 |
| Cost of Funds (%) | ▲ | 2.53% | -0.26 | 2.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,886 | +21.94 | $2,864 |
| Gross Loans ($M) | ▼ | $2,411 | -0.14 | $2,412 |
| Loan Growth YoY (%) | ▲ | 97.79% | +0.50 | 97.29% |
| Total Deposits ($M) | ▼ | $2,440 | -13.73 | $2,453 |
| Shareholders Equity ($M) | ▲ | $411 | +39.87 | $371 |
| Tang. Book Value ($M) | ▲ | $411 | +39.87 | $371 |
| TBV excl. AOCI ($M)** | ▲ | $416 | +39.95 | $376 |
| Loan / Deposit Ratio (%) | ▲ | 97.79% | +0.50 | 97.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.72% | -0.66 | 1.39% |
| Allowance / Loans (%) | — | 1.07% | 0.04% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.42% | -1.22 | 1.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.38% | +1.56 | 14.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▃█▆ | Net Interest Margin (%) | 3.66% | 3.74% | 3.93% | 4.01% | 4.07% | 4.09% | 4.95% | 4.55% |
| ▂▁▄▅▅▃█▇ | Return on Assets (%) | 1.44% | 1.29% | 1.79% | 1.85% | 1.88% | 1.60% | 2.40% | 2.13% |
| ▆█▃▂▂▆▁▂ | Efficiency Ratio (%) | 46.2% | 52.4% | 41.5% | 39.7% | 39.6% | 47.7% | 35.5% | 38.1% |
| ██▄▃▄▃▁▁ | Cost of Funds (%) | 3.25% | 3.18% | 2.81% | 2.78% | 2.81% | 2.72% | 2.58% | 2.53% |
| ▅▅▆███▁▁ | NPA / Assets (%) | 1.09% | 1.04% | 1.14% | 1.39% | 1.31% | 1.31% | 0.65% | 0.72% |
| ▆▆▇█▇▇▁▁ | Net Charge-Off Ratio (%) | 1.29% | 1.18% | 1.33% | 1.65% | 1.43% | 1.42% | 0.31% | 0.42% |
| ▁▁▂▄▅▅▇█ | Tang. Book Value ($M) | $350 | $344 | $357 | $371 | $386 | $381 | $398 | $411 |
| ▁▇██▃▇▃█ | Gross Loans ($M) | $2,363 | $2,406 | $2,415 | $2,412 | $2,379 | $2,402 | $2,377 | $2,411 |
| ▃▁▅███▆▇ | Total Deposits ($M) | $2,389 | $2,350 | $2,412 | $2,453 | $2,464 | $2,459 | $2,434 | $2,440 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 34% |