Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.36 | 0.60% |
| Return on Equity (%) | ▲ | 11.01% | +3.92 | 7.09% |
| Net Interest Margin (%) | ▲ | 2.93% | +0.45 | 2.48% |
| Efficiency Ratio (%) | ▲ | 57.36% | -10.56 | 67.92% |
| Pre-Provision Profit ($M) | ▲ | $16 | +6.14 | $10 |
| Cost of Funds (%) | ▲ | 2.16% | -0.31 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $4,703 | +393.26 | $4,310 |
| Gross Loans ($M) | ▲ | $4,042 | +282.43 | $3,759 |
| Loan Growth YoY (%) | ▼ | 99.81% | -1.87 | 101.68% |
| Total Deposits ($M) | ▲ | $4,005 | +348.47 | $3,656 |
| Shareholders Equity ($M) | ▲ | $408 | +42.48 | $366 |
| Tang. Book Value ($M) | ▲ | $408 | +42.48 | $366 |
| TBV excl. AOCI ($M)** | ▲ | $416 | +43.26 | $372 |
| Loan / Deposit Ratio (%) | ▼ | 99.81% | -1.87 | 101.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -0.01 | 0.28% |
| Allowance / Loans (%) | — | 1.09% | -0.00% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.03 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.61% | +0.27 | 11.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 2.07% | 2.15% | 2.41% | 2.48% | 2.57% | 2.63% | 2.88% | 2.93% |
| ▁▁▃▄▅▆██ | Return on Assets (%) | 0.37% | 0.42% | 0.54% | 0.60% | 0.68% | 0.75% | 0.91% | 0.96% |
| ██▅▅▄▃▁▁ | Efficiency Ratio (%) | 77.6% | 76.0% | 69.7% | 67.9% | 65.3% | 62.9% | 58.7% | 57.4% |
| █▇▄▄▄▃▁▁ | Cost of Funds (%) | 2.88% | 2.76% | 2.41% | 2.47% | 2.48% | 2.30% | 2.09% | 2.16% |
| ▃▂▁▃▂█▁▂ | NPA / Assets (%) | 0.28% | 0.27% | 0.26% | 0.28% | 0.27% | 0.32% | 0.26% | 0.27% |
| ▅▃▂▄▃█▂▁ | Net Charge-Off Ratio (%) | 0.32% | 0.30% | 0.29% | 0.31% | 0.30% | 0.36% | 0.29% | 0.28% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $348 | $351 | $359 | $366 | $376 | $387 | $397 | $408 |
| ▁▁▂▃▄▅▇█ | Gross Loans ($M) | $3,629 | $3,637 | $3,697 | $3,759 | $3,798 | $3,859 | $3,958 | $4,042 |
| ▂▁▃▃▄▅▇█ | Total Deposits ($M) | $3,535 | $3,451 | $3,646 | $3,656 | $3,695 | $3,732 | $3,891 | $4,005 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |