Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.59 | 0.63% |
| Return on Equity (%) | ▲ | 13.42% | +6.42 | 7.00% |
| Net Interest Margin (%) | ▲ | 3.87% | +0.39 | 3.48% |
| Efficiency Ratio (%) | ▲ | 51.15% | -9.28 | 60.44% |
| Pre-Provision Profit ($M) | ▲ | $10 | +4.88 | $5 |
| Cost of Funds (%) | ▲ | 3.06% | -0.22 | 3.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,942 | +762.10 | $1,180 |
| Gross Loans ($M) | ▲ | $1,677 | +655.50 | $1,022 |
| Loan Growth YoY (%) | ▲ | 107.23% | +6.76 | 100.47% |
| Total Deposits ($M) | ▲ | $1,548 | +541.56 | $1,006 |
| Shareholders Equity ($M) | ▲ | $178 | +71.61 | $107 |
| Tang. Book Value ($M) | ▲ | $176 | +70.18 | $106 |
| Loan / Deposit Ratio (%) | ▲ | 107.23% | +6.76 | 100.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.11 | 0.00% |
| Allowance / Loans (%) | — | 1.04% | -0.01% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.83% | +0.46 | 9.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▆▆██ | Net Interest Margin (%) | 3.09% | 3.19% | 3.22% | 3.48% | 3.59% | 3.65% | 3.83% | 3.87% |
| ▁▂▂▃▅▆██ | Return on Assets (%) | 0.29% | 0.47% | 0.47% | 0.63% | 0.86% | 0.94% | 1.27% | 1.22% |
| █▇▆▄▂▁▁▁ | Efficiency Ratio (%) | 73.6% | 68.9% | 66.1% | 60.4% | 55.5% | 52.8% | 50.9% | 51.2% |
| ▅█▆▄▄▁▃▁ | Cost of Funds (%) | 3.37% | 3.56% | 3.40% | 3.28% | 3.25% | 3.08% | 3.20% | 3.06% |
| ▁▁▁▁▁▁▂█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.11% |
| ▁▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.12% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $72 | $79 | $94 | $106 | $120 | $142 | $161 | $176 |
| ▁▁▂▃▄▆▇█ | Gross Loans ($M) | $702 | $769 | $873 | $1,022 | $1,182 | $1,406 | $1,531 | $1,677 |
| ▁▁▁▃▅▇██ | Total Deposits ($M) | $782 | $786 | $871 | $1,006 | $1,198 | $1,358 | $1,522 | $1,548 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 27% |
| Consumer | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 18% |