Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.66% | +2.86 | 0.80% |
| Return on Equity (%) | ▲ | 37.13% | +27.44 | 9.69% |
| Net Interest Margin (%) | ▲ | 3.33% | +0.50 | 2.82% |
| Efficiency Ratio (%) | ▲ | 38.54% | -36.54 | 75.08% |
| Pre-Provision Profit ($M) | ▲ | $16 | +7.36 | $9 |
| Cost of Funds (%) | ▲ | 1.80% | -0.33 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $4,797 | +16.86 | $4,780 |
| Gross Loans ($M) | ▼ | $3,735 | -12.31 | $3,747 |
| Loan Growth YoY (%) | ▲ | 87.67% | +0.75 | 86.92% |
| Total Deposits ($M) | ▼ | $4,198 | -31.94 | $4,230 |
| Shareholders Equity ($M) | ▲ | $542 | +147.11 | $395 |
| Tang. Book Value ($M) | ▲ | $540 | +147.37 | $392 |
| TBV excl. AOCI ($M)** | ▲ | $572 | +141.75 | $431 |
| Loan / Deposit Ratio (%) | ▲ | 87.67% | +0.75 | 86.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.85% | -4.42 | 5.28% |
| Allowance / Loans (%) | — | 1.48% | -0.42% | 1.90% |
| Net Charge-Off Ratio (%) | ▲ | 1.01% | -5.68 | 6.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.34% | +3.73 | 10.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▃▆█ | Net Interest Margin (%) | 2.68% | 2.68% | 2.74% | 2.82% | 2.88% | 2.92% | 3.15% | 3.33% |
| ▁▁▁▁▁▁█▄ | Return on Assets (%) | 0.53% | 0.59% | 0.82% | 0.80% | 0.70% | 0.72% | 7.13% | 3.66% |
| ██████▁▂ | Efficiency Ratio (%) | 78.3% | 79.1% | 74.1% | 75.1% | 73.8% | 74.6% | 28.3% | 38.5% |
| ██▆▅▅▄▂▁ | Cost of Funds (%) | 2.41% | 2.35% | 2.20% | 2.12% | 2.10% | 2.04% | 1.95% | 1.80% |
| ███▇▇▇▁▁ | NPA / Assets (%) | 6.27% | 5.59% | 5.58% | 5.28% | 5.35% | 5.05% | 0.57% | 0.85% |
| ███▇▇▇▁▁ | Net Charge-Off Ratio (%) | 8.00% | 7.15% | 7.09% | 6.69% | 6.74% | 6.29% | 0.64% | 1.01% |
| ▁▁▁▁▂▁▆█ | Tang. Book Value ($M) | $383 | $377 | $394 | $392 | $402 | $395 | $480 | $540 |
| ▁▁▃▅▇█▄▄ | Gross Loans ($M) | $3,596 | $3,625 | $3,687 | $3,747 | $3,836 | $3,880 | $3,729 | $3,735 |
| ▁▄▇█▇▇█▆ | Total Deposits ($M) | $4,085 | $4,154 | $4,202 | $4,230 | $4,216 | $4,212 | $4,237 | $4,198 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 12% |