Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.19% | -0.12 | 1.32% |
| Return on Equity (%) | ▼ | 13.91% | -1.63 | 15.54% |
| Net Interest Margin (%) | ▼ | 3.19% | -0.08 | 3.28% |
| Efficiency Ratio (%) | ▲ | 47.72% | -0.37 | 48.09% |
| Pre-Provision Profit ($M) | ▲ | $15 | +1.69 | $13 |
| Cost of Funds (%) | ▲ | 1.93% | -0.29 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,532 | +397.89 | $3,134 |
| Gross Loans ($M) | ▲ | $2,503 | +211.28 | $2,292 |
| Loan Growth YoY (%) | ▼ | 79.79% | -2.37 | 82.16% |
| Total Deposits ($M) | ▲ | $3,118 | +344.61 | $2,774 |
| Shareholders Equity ($M) | ▲ | $295 | +27.97 | $267 |
| Tang. Book Value ($M) | ▲ | $279 | +27.99 | $251 |
| TBV excl. AOCI ($M)** | ▲ | $315 | +35.42 | $280 |
| Loan / Deposit Ratio (%) | ▼ | 79.79% | -2.37 | 82.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.11 | 0.32% |
| Allowance / Loans (%) | — | 0.62% | 0.04% | 0.58% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.14 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.81% | +0.09 | 10.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃█▆▆▅▄▁ | Net Interest Margin (%) | 3.24% | 3.23% | 3.30% | 3.28% | 3.26% | 3.26% | 3.24% | 3.19% |
| ▁▁█▇▄▄▆▅ | Return on Assets (%) | 0.99% | 0.99% | 1.39% | 1.32% | 1.19% | 1.16% | 1.28% | 1.19% |
| ██▁▂▂▂▁▁ | Efficiency Ratio (%) | 52.9% | 52.7% | 47.3% | 48.1% | 48.1% | 48.3% | 47.7% | 47.7% |
| █▇▃▅▆▄▁▁ | Cost of Funds (%) | 2.47% | 2.35% | 2.09% | 2.22% | 2.30% | 2.12% | 1.91% | 1.93% |
| █▅▇▅▅▇▂▁ | NPA / Assets (%) | 0.41% | 0.33% | 0.37% | 0.32% | 0.31% | 0.38% | 0.24% | 0.21% |
| █▅▇▅▅█▂▁ | Net Charge-Off Ratio (%) | 0.54% | 0.41% | 0.48% | 0.43% | 0.42% | 0.52% | 0.32% | 0.28% |
| ▁▁▃▄▆█▇█ | Tang. Book Value ($M) | $229 | $226 | $241 | $251 | $262 | $273 | $270 | $279 |
| ▁▂▃▅▆▆▆█ | Gross Loans ($M) | $2,072 | $2,142 | $2,215 | $2,292 | $2,353 | $2,364 | $2,389 | $2,503 |
| ▁▁▂▄▅▅▅█ | Total Deposits ($M) | $2,549 | $2,546 | $2,679 | $2,774 | $2,884 | $2,840 | $2,888 | $3,118 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 32% |
| C&I / Commercial | 46% |
| Consumer | 16% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 19% |