Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.42% | -0.01 | 1.43% |
| Return on Equity (%) | ▼ | 17.31% | -0.22 | 17.53% |
| Net Interest Margin (%) | ▲ | 2.78% | +0.06 | 2.72% |
| Efficiency Ratio (%) | ▲ | 29.17% | -4.34 | 33.51% |
| Pre-Provision Profit ($M) | ▲ | $34 | +5.92 | $28 |
| Cost of Funds (%) | ▲ | 2.13% | -0.25 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,366 | +655.97 | $5,710 |
| Gross Loans ($M) | ▲ | $4,460 | +368.88 | $4,091 |
| Loan Growth YoY (%) | ▼ | 82.72% | -1.95 | 84.68% |
| Total Deposits ($M) | ▲ | $5,359 | +557.38 | $4,802 |
| Shareholders Equity ($M) | ▲ | $532 | +50.16 | $481 |
| Tang. Book Value ($M) | ▲ | $517 | +50.83 | $466 |
| TBV excl. AOCI ($M)** | ▲ | $560 | +55.47 | $505 |
| Loan / Deposit Ratio (%) | ▼ | 82.72% | -1.95 | 84.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.25% | +0.01 | 0.24% |
| Allowance / Loans (%) | — | 0.61% | -0.02% | 0.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.03 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.16% | +0.45 | 10.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▄▁▂▆█▃▇ | Net Interest Margin (%) | 2.79% | 2.74% | 2.70% | 2.72% | 2.77% | 2.80% | 2.73% | 2.78% |
| ▁▁█▆▅█▂▅ | Return on Assets (%) | 1.28% | 1.28% | 1.51% | 1.43% | 1.40% | 1.50% | 1.32% | 1.42% |
| ██▆▅▅▄▁▁ | Efficiency Ratio (%) | 36.2% | 35.3% | 33.9% | 33.5% | 32.8% | 31.9% | 29.1% | 29.2% |
| █▄▅▅▆▄▁▃ | Cost of Funds (%) | 2.78% | 2.34% | 2.41% | 2.38% | 2.52% | 2.31% | 1.91% | 2.13% |
| █▁▄▃▂▃▆▄ | NPA / Assets (%) | 0.30% | 0.22% | 0.26% | 0.24% | 0.23% | 0.24% | 0.28% | 0.25% |
| █▁▃▁▁▂▇▃ | Net Charge-Off Ratio (%) | 0.37% | 0.24% | 0.26% | 0.24% | 0.23% | 0.25% | 0.34% | 0.27% |
| ▂▁▃▄▆▇▇█ | Tang. Book Value ($M) | $443 | $424 | $458 | $466 | $492 | $499 | $498 | $517 |
| ▁▃▃▅▆▆██ | Gross Loans ($M) | $3,535 | $3,854 | $3,846 | $4,091 | $4,123 | $4,207 | $4,388 | $4,460 |
| ▁▅▂▃▃▃█▆ | Total Deposits ($M) | $4,310 | $5,162 | $4,510 | $4,802 | $4,754 | $4,875 | $5,831 | $5,359 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 33% |
| C&I / Commercial | 48% |
| Consumer | 10% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 18% |