Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.27% | -0.44 | 1.72% |
| Return on Equity (%) | ▼ | 5.78% | -2.70 | 8.48% |
| Net Interest Margin (%) | ▼ | 4.42% | -0.48 | 4.89% |
| Efficiency Ratio (%) | ▼ | 58.61% | +7.10 | 51.51% |
| Pre-Provision Profit ($M) | ▼ | $12 | -3.87 | $16 |
| Cost of Funds (%) | ▲ | 1.09% | -0.12 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,846 | +48.77 | $2,797 |
| Gross Loans ($M) | ▲ | $1,996 | +2.03 | $1,993 |
| Loan Growth YoY (%) | ▼ | 90.30% | -0.42 | 90.71% |
| Total Deposits ($M) | ▲ | $2,184 | +11.44 | $2,173 |
| Shareholders Equity ($M) | ▲ | $630 | +44.96 | $585 |
| Tang. Book Value ($M) | ▲ | $512 | +46.10 | $466 |
| TBV excl. AOCI ($M)** | ▲ | $524 | +45.37 | $479 |
| Loan / Deposit Ratio (%) | ▼ | 90.30% | -0.42 | 90.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.78% | +1.59 | 1.19% |
| Allowance / Loans (%) | — | 1.17% | 0.04% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 3.52% | +2.22 | 1.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.90% | +2.38 | 22.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▄▄▁▁ | Net Interest Margin (%) | 5.35% | 5.29% | 4.88% | 4.89% | 4.84% | 4.86% | 4.44% | 4.42% |
| ██▅▅▆▆▃▁ | Return on Assets (%) | 1.99% | 1.96% | 1.67% | 1.72% | 1.74% | 1.78% | 1.47% | 1.27% |
| ▁▁▃▃▃▂██ | Efficiency Ratio (%) | 48.2% | 48.6% | 52.1% | 51.5% | 51.6% | 50.8% | 58.5% | 58.6% |
| ▃▇▇▇█▅▁▁ | Cost of Funds (%) | 1.13% | 1.20% | 1.21% | 1.21% | 1.23% | 1.16% | 1.08% | 1.09% |
| ▁▃▂▂▃▄██ | NPA / Assets (%) | 0.76% | 1.32% | 1.05% | 1.19% | 1.52% | 1.65% | 2.74% | 2.78% |
| ▁▃▂▂▃▅██ | Net Charge-Off Ratio (%) | 0.66% | 1.47% | 1.13% | 1.29% | 1.75% | 2.27% | 3.85% | 3.52% |
| ▁▁▃▅▆▇██ | Tang. Book Value ($M) | $417 | $427 | $452 | $466 | $480 | $494 | $503 | $512 |
| ▄▇██▇▁▁█ | Gross Loans ($M) | $1,919 | $1,975 | $1,993 | $1,993 | $1,966 | $1,878 | $1,864 | $1,996 |
| ▁██▆▃▄▆▆ | Total Deposits ($M) | $2,100 | $2,213 | $2,210 | $2,173 | $2,131 | $2,143 | $2,173 | $2,184 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 4% |