Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.08 | 1.77% |
| Return on Equity (%) | ▼ | 13.27% | -1.21 | 14.48% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.21 | 3.37% |
| Efficiency Ratio (%) | ▼ | 43.46% | +0.78 | 42.67% |
| Pre-Provision Profit ($M) | ▲ | $48 | +5.31 | $43 |
| Cost of Funds (%) | ▲ | 1.61% | -0.18 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $8,583 | +426.78 | $8,156 |
| Gross Loans ($M) | ▲ | $4,601 | +313.71 | $4,288 |
| Loan Growth YoY (%) | ▲ | 66.12% | +2.49 | 63.63% |
| Total Deposits ($M) | ▲ | $6,802 | +234.24 | $6,568 |
| Shareholders Equity ($M) | ▲ | $1,210 | +201.09 | $1,009 |
| Tang. Book Value ($M) | ▲ | $1,196 | +201.09 | $994 |
| TBV excl. AOCI ($M)** | ▲ | $1,357 | +210.10 | $1,147 |
| Loan / Deposit Ratio (%) | ▲ | 66.12% | +2.49 | 63.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.00 | 0.09% |
| Allowance / Loans (%) | — | 2.26% | -0.27% | 2.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.02 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.73% | +0.51 | 20.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▇██ | Net Interest Margin (%) | 3.06% | 3.14% | 3.28% | 3.37% | 3.39% | 3.45% | 3.53% | 3.58% |
| ▁▃▇▇▇▇▇█ | Return on Assets (%) | 1.51% | 1.62% | 1.79% | 1.77% | 1.79% | 1.81% | 1.79% | 1.85% |
| █▄▁▂▁▁▇▄ | Efficiency Ratio (%) | 45.1% | 43.6% | 42.5% | 42.7% | 42.1% | 42.1% | 44.6% | 43.5% |
| ██▄▄▃▃▁▁ | Cost of Funds (%) | 2.02% | 1.99% | 1.79% | 1.80% | 1.74% | 1.75% | 1.60% | 1.61% |
| ▁█▁▆▄▅▃▅ | NPA / Assets (%) | 0.07% | 0.10% | 0.06% | 0.09% | 0.08% | 0.09% | 0.07% | 0.08% |
| ▄█▁▆▅▆▄▅ | Net Charge-Off Ratio (%) | 0.13% | 0.18% | 0.10% | 0.16% | 0.15% | 0.15% | 0.14% | 0.14% |
| ▅▁▂▂▆█▆█ | Tang. Book Value ($M) | $1,085 | $942 | $984 | $994 | $1,105 | $1,175 | $1,121 | $1,196 |
| ▁▃▁▃▅▇██ | Gross Loans ($M) | $4,173 | $4,289 | $4,210 | $4,288 | $4,427 | $4,501 | $4,561 | $4,601 |
| ▁▂▃▄▇▄▆█ | Total Deposits ($M) | $6,398 | $6,473 | $6,534 | $6,568 | $6,721 | $6,564 | $6,670 | $6,802 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |