Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.18% | +0.54 | 1.64% |
| Return on Equity (%) | ▲ | 14.16% | +4.01 | 10.15% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.74 | 3.47% |
| Efficiency Ratio (%) | ▲ | 29.63% | -5.17 | 34.80% |
| Pre-Provision Profit ($M) | ▲ | $17 | +4.41 | $13 |
| Cost of Funds (%) | ▲ | 2.65% | -0.38 | 3.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,303 | +132.72 | $2,170 |
| Gross Loans ($M) | ▲ | $2,031 | +96.58 | $1,935 |
| Loan Growth YoY (%) | ▲ | 113.25% | +1.28 | 111.97% |
| Total Deposits ($M) | ▲ | $1,763 | +65.33 | $1,698 |
| Shareholders Equity ($M) | ▲ | $358 | +4.05 | $354 |
| Tang. Book Value ($M) | ▲ | $358 | +4.05 | $354 |
| Loan / Deposit Ratio (%) | ▲ | 113.25% | +1.28 | 111.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -0.06 | 0.59% |
| Allowance / Loans (%) | — | 1.70% | -0.04% | 1.75% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.31 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 3.11% | 3.13% | 3.36% | 3.47% | 3.62% | 3.75% | 4.17% | 4.21% |
| ▁▁▂▂▄▅██ | Return on Assets (%) | 1.49% | 1.50% | 1.60% | 1.64% | 1.77% | 1.84% | 2.17% | 2.18% |
| ██▆▅▄▄▂▁ | Efficiency Ratio (%) | 39.0% | 38.9% | 35.6% | 34.8% | 34.3% | 33.8% | 30.8% | 29.6% |
| ██▇▆▅▂▁▁ | Cost of Funds (%) | 3.22% | 3.16% | 3.08% | 3.03% | 2.96% | 2.72% | 2.64% | 2.65% |
| █▆▅▄▇▅▂▁ | NPA / Assets (%) | 0.68% | 0.64% | 0.60% | 0.59% | 0.65% | 0.61% | 0.55% | 0.53% |
| ██▇▇█▆▄▁ | Net Charge-Off Ratio (%) | 0.68% | 0.65% | 0.60% | 0.58% | 0.64% | 0.53% | 0.46% | 0.27% |
| ▄▄▆▇▁▃▆█ | Tang. Book Value ($M) | $339 | $342 | $348 | $354 | $327 | $336 | $348 | $358 |
| ▁▂▂▄▅███ | Gross Loans ($M) | $1,840 | $1,868 | $1,883 | $1,935 | $1,960 | $2,035 | $2,043 | $2,031 |
| ▁▃▅▆██▆█ | Total Deposits ($M) | $1,562 | $1,635 | $1,670 | $1,698 | $1,756 | $1,763 | $1,702 | $1,763 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 19% |