Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.17 | 0.76% |
| Return on Equity (%) | ▲ | 9.03% | +1.76 | 7.27% |
| Net Interest Margin (%) | ▼ | 3.63% | -0.13 | 3.75% |
| Efficiency Ratio (%) | ▼ | 61.62% | +1.48 | 60.14% |
| Pre-Provision Profit ($M) | ▲ | $11 | +0.69 | $10 |
| Cost of Funds (%) | ▲ | 2.12% | -0.56 | 2.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,990 | +365.13 | $2,625 |
| Gross Loans ($M) | ▲ | $2,216 | +251.99 | $1,964 |
| Loan Growth YoY (%) | ▼ | 82.12% | -0.85 | 82.97% |
| Total Deposits ($M) | ▲ | $2,662 | +325.40 | $2,337 |
| Shareholders Equity ($M) | ▲ | $307 | +33.43 | $273 |
| Tang. Book Value ($M) | ▲ | $278 | +34.09 | $244 |
| TBV excl. AOCI ($M)** | ▲ | $283 | +32.53 | $250 |
| Loan / Deposit Ratio (%) | ▼ | 82.12% | -0.85 | 82.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.55 | 0.86% |
| Allowance / Loans (%) | — | 1.35% | 0.06% | 1.28% |
| Net Charge-Off Ratio (%) | ▲ | 0.42% | -0.56 | 0.97% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.65% | +0.38 | 11.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▅▇██▁▂ | Net Interest Margin (%) | 3.71% | 3.71% | 3.69% | 3.75% | 3.80% | 3.77% | 3.57% | 3.63% |
| ▁▃█▁▇▇█▆ | Return on Assets (%) | 0.77% | 0.82% | 0.99% | 0.76% | 0.95% | 0.96% | 1.00% | 0.92% |
| █▇▂▁▁▃▄▃ | Efficiency Ratio (%) | 65.3% | 64.6% | 61.1% | 60.1% | 60.5% | 61.8% | 62.2% | 61.6% |
| █▇▅▅▅▄▂▁ | Cost of Funds (%) | 3.10% | 2.93% | 2.71% | 2.69% | 2.67% | 2.53% | 2.28% | 2.12% |
| ▄▅█▇▄▄▂▁ | NPA / Assets (%) | 0.58% | 0.72% | 1.01% | 0.86% | 0.58% | 0.66% | 0.43% | 0.31% |
| ▃▃█▆▅▆▂▁ | Net Charge-Off Ratio (%) | 0.65% | 0.67% | 1.16% | 0.97% | 0.81% | 0.92% | 0.58% | 0.42% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $225 | $230 | $238 | $244 | $254 | $263 | $270 | $278 |
| ▁▂▃▄▄▆▇█ | Gross Loans ($M) | $1,809 | $1,896 | $1,946 | $1,964 | $1,980 | $2,064 | $2,123 | $2,216 |
| ▁▂▂▃▅▇▇█ | Total Deposits ($M) | $2,163 | $2,233 | $2,281 | $2,337 | $2,422 | $2,565 | $2,578 | $2,662 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 29% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 4% |