Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.61% | +0.43 | 1.17% |
| Return on Equity (%) | ▲ | 15.51% | +4.13 | 11.38% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.48 | 3.10% |
| Efficiency Ratio (%) | ▲ | 44.16% | -7.55 | 51.70% |
| Pre-Provision Profit ($M) | ▲ | $20 | +6.52 | $14 |
| Cost of Funds (%) | ▲ | 2.52% | -0.43 | 2.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,466 | +235.73 | $3,231 |
| Gross Loans ($M) | ▲ | $2,956 | +290.52 | $2,665 |
| Loan Growth YoY (%) | ▲ | 96.36% | +1.30 | 95.07% |
| Total Deposits ($M) | ▲ | $3,035 | +262.78 | $2,773 |
| Shareholders Equity ($M) | ▲ | $355 | +16.94 | $338 |
| Tang. Book Value ($M) | ▲ | $351 | +15.97 | $335 |
| TBV excl. AOCI ($M)** | ▲ | $361 | +19.12 | $342 |
| Loan / Deposit Ratio (%) | ▲ | 96.36% | +1.30 | 95.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.46% | -0.32 | 0.78% |
| Allowance / Loans (%) | — | 1.04% | -0.06% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.54% | -0.36 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.67% | -0.53 | 12.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▅▇█ | Net Interest Margin (%) | 2.90% | 2.85% | 2.98% | 3.10% | 3.23% | 3.30% | 3.46% | 3.58% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | 0.53% | 0.54% | 1.02% | 1.17% | 1.27% | 1.27% | 1.54% | 1.61% |
| ▅▅█▆▅▄▄▁ | Efficiency Ratio (%) | 49.6% | 49.9% | 54.4% | 51.7% | 49.5% | 48.2% | 48.4% | 44.2% |
| ██▇▅▄▂▂▁ | Cost of Funds (%) | 3.37% | 3.28% | 3.22% | 2.95% | 2.93% | 2.72% | 2.71% | 2.52% |
| ██▂▂▁▁▁▁ | NPA / Assets (%) | 2.08% | 1.89% | 0.83% | 0.78% | 0.56% | 0.49% | 0.57% | 0.46% |
| █▆▂▂▁▁▁▁ | Net Charge-Off Ratio (%) | 2.50% | 1.97% | 1.00% | 0.90% | 0.63% | 0.58% | 0.67% | 0.54% |
| ▁▁▂▄▇▇▇█ | Tang. Book Value ($M) | $322 | $324 | $328 | $335 | $344 | $345 | $347 | $351 |
| ▁▂▁▂▃▆▆█ | Gross Loans ($M) | $2,619 | $2,702 | $2,641 | $2,665 | $2,714 | $2,835 | $2,862 | $2,956 |
| ▁▃▂▂▂▄▆█ | Total Deposits ($M) | $2,701 | $2,799 | $2,763 | $2,773 | $2,771 | $2,851 | $2,912 | $3,035 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 24% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 24% |