Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.10 | 1.07% |
| Return on Equity (%) | ▲ | 10.69% | +0.14 | 10.55% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.14 | 3.50% |
| Efficiency Ratio (%) | ▲ | 58.63% | -0.94 | 59.57% |
| Pre-Provision Profit ($M) | ▲ | $10 | +1.44 | $8 |
| Cost of Funds (%) | ▲ | 2.13% | -0.28 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,418 | +200.11 | $2,218 |
| Gross Loans ($M) | ▲ | $1,928 | +192.18 | $1,736 |
| Loan Growth YoY (%) | ▲ | 92.97% | +5.67 | 87.30% |
| Total Deposits ($M) | ▲ | $2,053 | +84.18 | $1,969 |
| Shareholders Equity ($M) | ▲ | $262 | +40.86 | $221 |
| Tang. Book Value ($M) | ▲ | $255 | +40.81 | $215 |
| TBV excl. AOCI ($M)** | ▲ | $273 | +41.65 | $231 |
| Loan / Deposit Ratio (%) | ▲ | 92.97% | +5.67 | 87.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.09 | 0.66% |
| Allowance / Loans (%) | — | 1.03% | 0.02% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.10 | 0.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.30% | +1.21 | 11.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▃▆█▇█ | Net Interest Margin (%) | 3.49% | 3.47% | 3.42% | 3.50% | 3.59% | 3.62% | 3.61% | 3.64% |
| ▆▆▁▄▇█▅█ | Return on Assets (%) | 1.11% | 1.12% | 1.00% | 1.07% | 1.14% | 1.17% | 1.11% | 1.17% |
| ▁▁██▅▃█▇ | Efficiency Ratio (%) | 55.7% | 55.5% | 59.5% | 59.6% | 57.7% | 57.0% | 59.3% | 58.6% |
| █▆▃▄▃▂▁▁ | Cost of Funds (%) | 2.84% | 2.63% | 2.35% | 2.41% | 2.36% | 2.28% | 2.19% | 2.13% |
| ▁█▆▆▅███ | NPA / Assets (%) | 0.44% | 0.76% | 0.70% | 0.66% | 0.63% | 0.79% | 0.78% | 0.76% |
| ▁▇▆▆▅██▇ | Net Charge-Off Ratio (%) | 0.53% | 0.95% | 0.88% | 0.85% | 0.80% | 1.02% | 0.99% | 0.95% |
| ▁▁▁▁▆▇██ | Tang. Book Value ($M) | $210 | $212 | $214 | $215 | $240 | $249 | $252 | $255 |
| ▁▁▂▄▅▅▆█ | Gross Loans ($M) | $1,604 | $1,583 | $1,660 | $1,736 | $1,785 | $1,788 | $1,830 | $1,928 |
| ▁▁▅▆▅▆██ | Total Deposits ($M) | $1,809 | $1,836 | $1,939 | $1,969 | $1,952 | $1,990 | $2,060 | $2,053 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 11% |
| Consumer | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 20% |