Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.19 | 1.09% |
| Return on Equity (%) | ▲ | 11.25% | +1.67 | 9.58% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.04 | 3.31% |
| Efficiency Ratio (%) | ▲ | 48.07% | -2.98 | 51.05% |
| Pre-Provision Profit ($M) | ▲ | $16 | +1.08 | $15 |
| Cost of Funds (%) | ▲ | 2.60% | -0.22 | 2.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,469 | +164.52 | $3,305 |
| Gross Loans ($M) | ▲ | $2,935 | +131.51 | $2,803 |
| Loan Growth YoY (%) | ▲ | 98.86% | +1.07 | 97.79% |
| Total Deposits ($M) | ▲ | $2,934 | +101.27 | $2,832 |
| Shareholders Equity ($M) | ▲ | $388 | +22.30 | $366 |
| Tang. Book Value ($M) | ▲ | $383 | +22.40 | $360 |
| TBV excl. AOCI ($M)** | ▲ | $392 | +23.88 | $368 |
| Loan / Deposit Ratio (%) | ▲ | 98.86% | +1.07 | 97.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.02 | 0.27% |
| Allowance / Loans (%) | — | 1.18% | -0.01% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.30% | -0.02 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.35% | +0.11 | 13.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆████ | Net Interest Margin (%) | 3.21% | 3.21% | 3.26% | 3.31% | 3.34% | 3.36% | 3.35% | 3.35% |
| ▁▁▃▄▆▆██ | Return on Assets (%) | 0.91% | 0.92% | 1.02% | 1.09% | 1.20% | 1.18% | 1.30% | 1.28% |
| █▇▃▂▂▂▁▁ | Efficiency Ratio (%) | 61.7% | 59.1% | 52.9% | 51.1% | 49.9% | 50.0% | 48.1% | 48.1% |
| █▆▄▃▅▄▁▁ | Cost of Funds (%) | 3.22% | 3.02% | 2.84% | 2.82% | 2.91% | 2.83% | 2.59% | 2.60% |
| ▇▁▃█▆▆█▇ | NPA / Assets (%) | 0.25% | 0.15% | 0.20% | 0.27% | 0.24% | 0.24% | 0.27% | 0.25% |
| ▅▁▃█▇▆█▇ | Net Charge-Off Ratio (%) | 0.27% | 0.18% | 0.23% | 0.32% | 0.30% | 0.28% | 0.32% | 0.30% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $348 | $349 | $355 | $360 | $368 | $373 | $379 | $383 |
| ▁▃▅▆▆▇▇█ | Gross Loans ($M) | $2,471 | $2,636 | $2,740 | $2,803 | $2,762 | $2,832 | $2,877 | $2,935 |
| ▁▃▅▇█▆██ | Total Deposits ($M) | $2,468 | $2,624 | $2,723 | $2,832 | $2,923 | $2,806 | $2,899 | $2,934 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 36% |