Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.06 | 0.69% |
| Return on Equity (%) | ▲ | 8.91% | +0.69 | 8.22% |
| Net Interest Margin (%) | ▼ | 3.37% | -0.04 | 3.42% |
| Efficiency Ratio (%) | ▼ | 71.34% | +1.21 | 70.14% |
| Pre-Provision Profit ($M) | ▼ | $9 | -0.48 | $10 |
| Cost of Funds (%) | ▲ | 2.62% | -0.24 | 2.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,583 | +264.10 | $3,319 |
| Gross Loans ($M) | ▲ | $3,120 | +231.66 | $2,888 |
| Loan Growth YoY (%) | ▲ | 96.08% | +0.20 | 95.87% |
| Total Deposits ($M) | ▲ | $3,228 | +233.58 | $2,995 |
| Shareholders Equity ($M) | ▲ | $307 | +32.07 | $275 |
| Tang. Book Value ($M) | ▲ | $307 | +32.10 | $275 |
| Loan / Deposit Ratio (%) | ▲ | 96.08% | +0.20 | 95.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.32% | -0.58 | 2.90% |
| Allowance / Loans (%) | — | 0.59% | -0.01% | 0.59% |
| Net Charge-Off Ratio (%) | ▲ | 2.66% | -0.67 | 3.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.52% | +0.22 | 12.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▃▃▁▂ | Net Interest Margin (%) | 3.91% | 3.86% | 3.28% | 3.42% | 3.47% | 3.47% | 3.33% | 3.37% |
| █▇▁▂▂▂▁▃ | Return on Assets (%) | 1.01% | 0.93% | 0.64% | 0.69% | 0.69% | 0.68% | 0.60% | 0.75% |
| ▁▅█▆▆▇█▇ | Efficiency Ratio (%) | 60.7% | 67.9% | 74.0% | 70.1% | 69.6% | 71.4% | 72.5% | 71.3% |
| █▅▁▇▇▅▁▂ | Cost of Funds (%) | 2.96% | 2.77% | 2.55% | 2.87% | 2.88% | 2.77% | 2.52% | 2.62% |
| ▃▁█▇▇▇▄▃ | NPA / Assets (%) | 2.26% | 1.93% | 3.15% | 2.90% | 2.91% | 2.99% | 2.43% | 2.32% |
| ▃▁█▇▆▇▃▃ | Net Charge-Off Ratio (%) | 2.68% | 2.32% | 3.66% | 3.33% | 3.30% | 3.43% | 2.73% | 2.66% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $258 | $264 | $269 | $275 | $281 | $292 | $298 | $307 |
| ▁▁▅▆▇▇██ | Gross Loans ($M) | $2,409 | $2,478 | $2,831 | $2,888 | $3,020 | $3,022 | $3,161 | $3,120 |
| ▁▂▆▆▇▇██ | Total Deposits ($M) | $2,547 | $2,665 | $2,977 | $2,995 | $3,107 | $3,140 | $3,232 | $3,228 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 41% |
| C&I / Commercial | 4% |
| Consumer | 54% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 30% |