Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.07% | -1.79 | 1.85% |
| Return on Equity (%) | ▼ | 0.62% | -20.50 | 21.12% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.04 | 4.10% |
| Efficiency Ratio (%) | ▼ | 41.73% | +0.98 | 40.75% |
| Pre-Provision Profit ($M) | ▲ | $14 | +1.31 | $13 |
| Cost of Funds (%) | ▲ | 1.06% | -0.40 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,069 | +70.65 | $1,998 |
| Gross Loans ($M) | ▲ | $1,353 | +110.41 | $1,242 |
| Loan Growth YoY (%) | ▲ | 72.61% | +1.86 | 70.75% |
| Total Deposits ($M) | ▲ | $1,844 | +107.25 | $1,737 |
| Shareholders Equity ($M) | ▲ | $215 | +23.78 | $191 |
| Tang. Book Value ($M) | ▲ | $215 | +23.78 | $191 |
| TBV excl. AOCI ($M)** | ▲ | $233 | +21.58 | $211 |
| Loan / Deposit Ratio (%) | ▲ | 72.61% | +1.86 | 70.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.72 | 0.84% |
| Allowance / Loans (%) | — | 1.01% | -0.07% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -1.31 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.08% | +0.02 | 16.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▃▅▇█▁▆ | Net Interest Margin (%) | 4.17% | 4.12% | 4.04% | 4.10% | 4.15% | 4.22% | 3.94% | 4.14% |
| ██████▇▁ | Return on Assets (%) | 1.80% | 1.76% | 1.89% | 1.85% | 1.88% | 1.87% | 1.58% | 0.07% |
| ▂▂▁▂▁▃█▄ | Efficiency Ratio (%) | 40.7% | 40.7% | 40.3% | 40.8% | 40.1% | 41.4% | 43.7% | 41.7% |
| █▆▅▄▄▂▁▁ | Cost of Funds (%) | 2.08% | 1.78% | 1.60% | 1.46% | 1.44% | 1.26% | 1.10% | 1.06% |
| ▂▂▂▂▅▅█▁ | NPA / Assets (%) | 1.02% | 1.02% | 1.02% | 0.84% | 2.14% | 2.33% | 3.73% | 0.12% |
| ▃▃▃▃▅▆█▁ | Net Charge-Off Ratio (%) | 1.73% | 1.83% | 1.61% | 1.36% | 3.14% | 3.49% | 5.20% | 0.05% |
| ▁▁▃▄▆▇█▇ | Tang. Book Value ($M) | $166 | $165 | $180 | $191 | $203 | $215 | $222 | $215 |
| ▁▁▂▃▄▄██ | Gross Loans ($M) | $1,193 | $1,212 | $1,219 | $1,242 | $1,274 | $1,277 | $1,363 | $1,353 |
| ▁█▁▃▃▃▂█ | Total Deposits ($M) | $1,689 | $1,859 | $1,675 | $1,737 | $1,730 | $1,728 | $1,714 | $1,844 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 48% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 3% |