Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.49% | +0.06 | 2.43% |
| Return on Equity (%) | ▼ | 20.55% | -0.08 | 20.63% |
| Net Interest Margin (%) | ▲ | 5.39% | +0.33 | 5.06% |
| Efficiency Ratio (%) | ▲ | 45.89% | -3.33 | 49.23% |
| Pre-Provision Profit ($M) | ▲ | $18 | +3.14 | $15 |
| Cost of Funds (%) | ▲ | 1.44% | -0.06 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,189 | +215.89 | $1,973 |
| Gross Loans ($M) | ▲ | $1,931 | +229.60 | $1,701 |
| Loan Growth YoY (%) | ▲ | 101.25% | +3.13 | 98.11% |
| Total Deposits ($M) | ▲ | $1,886 | +169.49 | $1,717 |
| Shareholders Equity ($M) | ▲ | $263 | +25.73 | $237 |
| Tang. Book Value ($M) | ▲ | $259 | +25.78 | $233 |
| TBV excl. AOCI ($M)** | ▲ | $260 | +25.88 | $234 |
| Loan / Deposit Ratio (%) | ▲ | 101.25% | +3.13 | 98.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.45% | +0.12 | 1.33% |
| Allowance / Loans (%) | — | 1.08% | 0.10% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 1.42% | +0.43 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.55% | -0.13 | 13.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▇██ | Net Interest Margin (%) | 4.48% | 4.57% | 4.89% | 5.06% | 5.13% | 5.22% | 5.28% | 5.39% |
| ▁▂▄█▆▆▆█ | Return on Assets (%) | 1.36% | 1.59% | 1.91% | 2.43% | 2.12% | 2.10% | 2.16% | 2.49% |
| █▇▅▃▂▁▃▁ | Efficiency Ratio (%) | 56.2% | 54.6% | 52.0% | 49.2% | 47.5% | 46.9% | 48.8% | 45.9% |
| █▇▅▂▂▁▁▂ | Cost of Funds (%) | 1.92% | 1.79% | 1.65% | 1.50% | 1.48% | 1.37% | 1.42% | 1.44% |
| ▁▁▁▇▆▂▂█ | NPA / Assets (%) | 0.67% | 0.66% | 0.63% | 1.33% | 1.22% | 0.79% | 0.79% | 1.45% |
| ▁▁▁▆▆▅▄█ | Net Charge-Off Ratio (%) | 0.24% | 0.31% | 0.17% | 0.99% | 1.04% | 0.87% | 0.65% | 1.42% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $210 | $217 | $223 | $233 | $235 | $251 | $253 | $259 |
| ▁▂▃▃▄▆██ | Gross Loans ($M) | $1,568 | $1,624 | $1,660 | $1,701 | $1,724 | $1,834 | $1,911 | $1,931 |
| ▂▁▁▂▄▅▆█ | Total Deposits ($M) | $1,696 | $1,682 | $1,668 | $1,717 | $1,767 | $1,795 | $1,808 | $1,886 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |