Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.27 | 1.02% |
| Return on Equity (%) | ▲ | 14.33% | +2.98 | 11.35% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.43 | 2.86% |
| Efficiency Ratio (%) | ▲ | 43.18% | -8.14 | 51.33% |
| Pre-Provision Profit ($M) | ▲ | $40 | +13.85 | $26 |
| Cost of Funds (%) | ▲ | 2.65% | -0.54 | 3.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $8,319 | +1288.46 | $7,030 |
| Gross Loans ($M) | ▲ | $5,838 | +570.87 | $5,267 |
| Loan Growth YoY (%) | ▼ | 91.46% | -4.34 | 95.80% |
| Total Deposits ($M) | ▲ | $6,294 | +881.48 | $5,412 |
| Shareholders Equity ($M) | ▲ | $736 | +95.69 | $641 |
| Tang. Book Value ($M) | ▲ | $736 | +95.72 | $640 |
| TBV excl. AOCI ($M)** | ▲ | $781 | +86.85 | $694 |
| Loan / Deposit Ratio (%) | ▼ | 91.46% | -4.34 | 95.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.59% | -0.01 | 1.60% |
| Allowance / Loans (%) | — | 1.40% | -0.16% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 1.89% | +0.08 | 1.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.82% | +1.12 | 11.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 2.29% | 2.34% | 2.64% | 2.86% | 2.93% | 2.96% | 3.13% | 3.29% |
| ▁▁▃▄▅▅██ | Return on Assets (%) | 0.80% | 0.79% | 0.97% | 1.02% | 1.05% | 1.08% | 1.29% | 1.29% |
| ███▇▅▃▂▁ | Efficiency Ratio (%) | 52.5% | 52.6% | 52.5% | 51.3% | 48.7% | 46.5% | 44.9% | 43.2% |
| ██▇▅▄▄▁▁ | Cost of Funds (%) | 3.71% | 3.64% | 3.54% | 3.19% | 3.18% | 3.12% | 2.76% | 2.65% |
| ▅▃▁▂███▂ | NPA / Assets (%) | 1.83% | 1.70% | 1.46% | 1.60% | 2.14% | 2.15% | 2.13% | 1.59% |
| ▇▃▁▁███▂ | Net Charge-Off Ratio (%) | 2.47% | 2.06% | 1.71% | 1.81% | 2.64% | 2.70% | 2.62% | 1.89% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $585 | $599 | $620 | $640 | $661 | $685 | $710 | $736 |
| ▁▂▃▅▅▆▇█ | Gross Loans ($M) | $4,668 | $4,905 | $5,012 | $5,267 | $5,352 | $5,478 | $5,577 | $5,838 |
| ▁▅▄▂▄▆▆█ | Total Deposits ($M) | $5,199 | $5,749 | $5,670 | $5,412 | $5,736 | $5,908 | $6,015 | $6,294 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 22% |