Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.22 | 1.06% |
| Return on Equity (%) | ▲ | 12.02% | +1.43 | 10.59% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.41 | 3.36% |
| Efficiency Ratio (%) | ▲ | 53.01% | -1.64 | 54.64% |
| Pre-Provision Profit ($M) | ▲ | $29 | +4.41 | $24 |
| Cost of Funds (%) | ▲ | 1.49% | -0.36 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,148 | +112.27 | $6,036 |
| Gross Loans ($M) | ▲ | $4,909 | +46.63 | $4,862 |
| Loan Growth YoY (%) | ▼ | 89.38% | -0.93 | 90.31% |
| Total Deposits ($M) | ▲ | $5,426 | +107.25 | $5,319 |
| Shareholders Equity ($M) | ▲ | $675 | +47.20 | $628 |
| Tang. Book Value ($M) | ▲ | $581 | +55.77 | $525 |
| TBV excl. AOCI ($M)** | ▲ | $614 | +56.12 | $558 |
| Loan / Deposit Ratio (%) | ▼ | 89.38% | -0.93 | 90.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.05% | +0.77 | 0.28% |
| Allowance / Loans (%) | — | 1.20% | -0.01% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 1.32% | +0.97 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.31% | +1.13 | 11.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄██ | Net Interest Margin (%) | 3.20% | 3.19% | 3.28% | 3.36% | 3.39% | 3.45% | 3.74% | 3.77% |
| ▁▁▄▅▅▅▇█ | Return on Assets (%) | 0.81% | 0.86% | 1.01% | 1.06% | 1.05% | 1.08% | 1.22% | 1.28% |
| █▇▃▂▂▁▃▁ | Efficiency Ratio (%) | 61.4% | 59.9% | 55.6% | 54.6% | 54.5% | 54.0% | 55.2% | 53.0% |
| ██▆▆▄▅▂▁ | Cost of Funds (%) | 2.03% | 1.99% | 1.86% | 1.85% | 1.73% | 1.76% | 1.56% | 1.49% |
| ▁▁▁▁▂▄██ | NPA / Assets (%) | 0.26% | 0.34% | 0.27% | 0.28% | 0.39% | 0.65% | 1.05% | 1.05% |
| ▁▂▁▁▂▄██ | Net Charge-Off Ratio (%) | 0.31% | 0.44% | 0.34% | 0.35% | 0.50% | 0.82% | 1.33% | 1.32% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $487 | $497 | $512 | $525 | $539 | $550 | $565 | $581 |
| ▁▂▂▅▇█▆▇ | Gross Loans ($M) | $4,761 | $4,792 | $4,793 | $4,862 | $4,904 | $4,933 | $4,872 | $4,909 |
| ▁█▆▃██▇▅ | Total Deposits ($M) | $5,232 | $5,536 | $5,465 | $5,319 | $5,533 | $5,557 | $5,491 | $5,426 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 12% |