Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.12% | -0.93 | 1.05% |
| Return on Equity (%) | ▼ | 0.93% | -6.25 | 7.18% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.11 | 3.93% |
| Efficiency Ratio (%) | ▼ | 82.84% | +21.92 | 60.92% |
| Pre-Provision Profit ($M) | ▼ | $-2 | -11.71 | $10 |
| Cost of Funds (%) | ▲ | 1.31% | -0.10 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,565 | -41.21 | $2,606 |
| Gross Loans ($M) | ▲ | $2,075 | +74.98 | $2,000 |
| Loan Growth YoY (%) | ▲ | 94.45% | +3.86 | 90.59% |
| Total Deposits ($M) | ▼ | $2,173 | -14.48 | $2,187 |
| Shareholders Equity ($M) | ▼ | $326 | -62.88 | $389 |
| Tang. Book Value ($M) | ▼ | $286 | -62.00 | $348 |
| TBV excl. AOCI ($M)** | ▼ | $295 | -62.10 | $357 |
| Loan / Deposit Ratio (%) | ▲ | 94.45% | +3.86 | 90.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.38% | -0.25 | 0.63% |
| Allowance / Loans (%) | — | 1.11% | 0.17% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.35 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.76% | -3.59 | 17.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▁▃▄█▅ | Net Interest Margin (%) | 3.94% | 3.95% | 3.91% | 3.93% | 3.99% | 4.03% | 4.16% | 4.05% |
| ▆▇▇▇▇▇█▁ | Return on Assets (%) | 0.96% | 1.02% | 1.01% | 1.05% | 1.00% | 1.04% | 1.29% | 0.12% |
| ▁▁▁▁▁▁▁█ | Efficiency Ratio (%) | 62.8% | 62.2% | 61.5% | 60.9% | 60.1% | 60.0% | 60.6% | 82.8% |
| ▇▅▃▄█▅▂▁ | Cost of Funds (%) | 1.50% | 1.44% | 1.37% | 1.41% | 1.52% | 1.43% | 1.36% | 1.31% |
| ▁▁▁█▆▅█▁ | NPA / Assets (%) | 0.38% | 0.36% | 0.39% | 0.63% | 0.53% | 0.52% | 0.63% | 0.38% |
| ▁▁▁█▅▄█▁ | Net Charge-Off Ratio (%) | 0.50% | 0.48% | 0.51% | 0.81% | 0.68% | 0.65% | 0.83% | 0.47% |
| ▆▇██▁▂▃▂ | Tang. Book Value ($M) | $323 | $330 | $339 | $348 | $276 | $286 | $295 | $286 |
| ▁▃▃▅▇█▅█ | Gross Loans ($M) | $1,914 | $1,955 | $1,967 | $2,000 | $2,043 | $2,068 | $2,011 | $2,075 |
| ▁▇▁▄▇▆█▃ | Total Deposits ($M) | $2,147 | $2,243 | $2,135 | $2,187 | $2,239 | $2,221 | $2,267 | $2,173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 6% |