Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.23 | 1.00% |
| Return on Equity (%) | ▲ | 12.09% | +1.55 | 10.54% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.37 | 3.84% |
| Efficiency Ratio (%) | ▲ | 52.19% | -3.56 | 55.74% |
| Pre-Provision Profit ($M) | ▲ | $43 | +8.17 | $35 |
| Cost of Funds (%) | ▲ | 2.27% | -0.44 | 2.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $8,857 | +1004.78 | $7,853 |
| Gross Loans ($M) | ▲ | $7,329 | +716.11 | $6,613 |
| Loan Growth YoY (%) | ▼ | 93.46% | -2.34 | 95.80% |
| Total Deposits ($M) | ▲ | $7,776 | +950.10 | $6,825 |
| Shareholders Equity ($M) | ▲ | $967 | +239.50 | $728 |
| Tang. Book Value ($M) | ▲ | $957 | +239.50 | $718 |
| TBV excl. AOCI ($M)** | ▲ | $1,012 | +246.72 | $765 |
| Loan / Deposit Ratio (%) | ▼ | 93.46% | -2.34 | 95.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.25 | 0.51% |
| Allowance / Loans (%) | — | 0.85% | -0.27% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.91% | +0.31 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.91% | +2.04 | 10.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▆██ | Net Interest Margin (%) | 3.59% | 3.64% | 3.72% | 3.84% | 3.88% | 4.00% | 4.14% | 4.20% |
| ▂▂▂▃▁▂█▅ | Return on Assets (%) | 0.89% | 0.98% | 0.97% | 1.00% | 0.80% | 0.97% | 1.53% | 1.23% |
| █▇▅▄▄▂▁▁ | Efficiency Ratio (%) | 63.6% | 60.5% | 57.4% | 55.7% | 55.7% | 53.8% | 50.6% | 52.2% |
| ██▆▆▅▄▁▁ | Cost of Funds (%) | 2.96% | 2.90% | 2.70% | 2.70% | 2.64% | 2.51% | 2.20% | 2.27% |
| ▁▁▁▂██▅▅ | NPA / Assets (%) | 0.42% | 0.45% | 0.45% | 0.51% | 0.99% | 1.05% | 0.80% | 0.76% |
| ▁▁▁▁██▆▅ | Net Charge-Off Ratio (%) | 0.53% | 0.54% | 0.54% | 0.60% | 1.20% | 1.28% | 1.01% | 0.91% |
| ▁▁▁▁▁▁██ | Tang. Book Value ($M) | $708 | $722 | $701 | $718 | $710 | $717 | $937 | $957 |
| ▁▁▃▄▅▆▇█ | Gross Loans ($M) | $5,897 | $6,034 | $6,342 | $6,613 | $6,782 | $6,810 | $7,047 | $7,329 |
| ▂▁▃▄▆▇██ | Total Deposits ($M) | $6,316 | $6,015 | $6,526 | $6,825 | $7,137 | $7,432 | $7,794 | $7,776 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 27% |