Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.59% | -0.08 | 1.67% |
| Return on Equity (%) | ▼ | 16.94% | -0.64 | 17.58% |
| Net Interest Margin (%) | ▼ | 3.49% | -0.25 | 3.74% |
| Efficiency Ratio (%) | ▼ | 54.18% | +1.20 | 52.98% |
| Pre-Provision Profit ($M) | ▲ | $13 | +0.12 | $13 |
| Cost of Funds (%) | ▲ | 1.64% | -0.15 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,937 | +233.51 | $2,704 |
| Gross Loans ($M) | ▼ | $1,338 | -38.57 | $1,377 |
| Loan Growth YoY (%) | ▼ | 56.52% | -6.84 | 63.36% |
| Total Deposits ($M) | ▲ | $2,343 | +191.87 | $2,151 |
| Shareholders Equity ($M) | ▲ | $276 | +14.23 | $262 |
| Tang. Book Value ($M) | ▲ | $276 | +14.23 | $262 |
| TBV excl. AOCI ($M)** | ▲ | $311 | +18.44 | $292 |
| Loan / Deposit Ratio (%) | ▼ | 56.52% | -6.84 | 63.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.20 | 0.43% |
| Allowance / Loans (%) | — | 1.04% | 0.04% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.01 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.98% | +0.72 | 18.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▃▃▄▃▁▁ | Net Interest Margin (%) | 4.22% | 4.12% | 3.70% | 3.74% | 3.79% | 3.76% | 3.51% | 3.49% |
| ██▂▃▄▄▁▂ | Return on Assets (%) | 1.99% | 1.94% | 1.59% | 1.67% | 1.71% | 1.69% | 1.50% | 1.59% |
| ▁▁▆▅▅▅█▇ | Efficiency Ratio (%) | 49.4% | 49.5% | 53.8% | 53.0% | 52.9% | 52.8% | 55.4% | 54.2% |
| █▄▅▄▅▁▁▂ | Cost of Funds (%) | 2.07% | 1.80% | 1.81% | 1.79% | 1.83% | 1.61% | 1.55% | 1.64% |
| █▇█▇▇▅▂▁ | NPA / Assets (%) | 0.47% | 0.42% | 0.44% | 0.43% | 0.43% | 0.37% | 0.27% | 0.23% |
| ▅▄█▁▂▁▂▁ | Net Charge-Off Ratio (%) | 0.10% | 0.09% | 0.13% | 0.07% | 0.08% | 0.07% | 0.08% | 0.07% |
| ▁▂▄▄▅▇██ | Tang. Book Value ($M) | $248 | $254 | $260 | $262 | $264 | $270 | $274 | $276 |
| ▁▄▇█▄█▆▄ | Gross Loans ($M) | $1,298 | $1,330 | $1,364 | $1,377 | $1,337 | $1,381 | $1,360 | $1,338 |
| ▁▆▅▄▄███ | Total Deposits ($M) | $1,947 | $2,231 | $2,154 | $2,151 | $2,129 | $2,355 | $2,357 | $2,343 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 12% |