Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.65 | 0.58% |
| Return on Equity (%) | ▲ | 10.30% | +5.18 | 5.12% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.25 | 3.58% |
| Efficiency Ratio (%) | ▲ | 59.57% | -2.88 | 62.45% |
| Pre-Provision Profit ($M) | ▲ | $9 | +1.31 | $8 |
| Cost of Funds (%) | ▲ | 2.06% | -0.42 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,250 | +8.99 | $2,241 |
| Gross Loans ($M) | ▼ | $1,772 | -67.73 | $1,839 |
| Loan Growth YoY (%) | ▼ | 90.28% | -3.51 | 93.79% |
| Total Deposits ($M) | ▲ | $1,940 | +1.54 | $1,939 |
| Shareholders Equity ($M) | ▲ | $275 | +19.30 | $256 |
| Tang. Book Value ($M) | ▲ | $258 | +20.39 | $237 |
| TBV excl. AOCI ($M)** | ▲ | $271 | +22.22 | $249 |
| Loan / Deposit Ratio (%) | ▼ | 90.28% | -3.51 | 93.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.73% | -0.01 | 0.74% |
| Allowance / Loans (%) | — | 1.13% | -0.02% | 1.14% |
| Net Charge-Off Ratio (%) | ▼ | 0.92% | +0.02 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.60% | +1.60 | 12.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▅▅█ | Net Interest Margin (%) | 3.43% | 3.44% | 3.52% | 3.58% | 3.70% | 3.63% | 3.68% | 3.83% |
| ▁▂▆▂▄▅██ | Return on Assets (%) | 0.38% | 0.53% | 0.98% | 0.58% | 0.79% | 0.87% | 1.14% | 1.23% |
| █▇▂▂▂▁▁▁ | Efficiency Ratio (%) | 78.3% | 73.8% | 63.3% | 62.5% | 62.4% | 61.5% | 60.8% | 59.6% |
| ▆█▆▆▄▄▂▁ | Cost of Funds (%) | 2.51% | 2.68% | 2.51% | 2.49% | 2.36% | 2.30% | 2.17% | 2.06% |
| ▁██▅▅▅▅▅ | NPA / Assets (%) | 0.10% | 1.16% | 1.14% | 0.74% | 0.75% | 0.73% | 0.73% | 0.73% |
| ▁██▅▅▅▅▅ | Net Charge-Off Ratio (%) | 0.13% | 1.48% | 1.43% | 0.90% | 0.93% | 0.91% | 0.91% | 0.92% |
| ▂▂▄▁▃▅▆█ | Tang. Book Value ($M) | $242 | $242 | $247 | $237 | $244 | $248 | $252 | $258 |
| ▆▅█▇▃▅▅▁ | Gross Loans ($M) | $1,831 | $1,819 | $1,857 | $1,839 | $1,794 | $1,816 | $1,819 | $1,772 |
| ██▆▁▁▄▁▁ | Total Deposits ($M) | $2,047 | $2,033 | $2,011 | $1,939 | $1,933 | $1,981 | $1,947 | $1,940 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 13% |