Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.23 | 1.20% |
| Return on Equity (%) | ▲ | 13.29% | +1.24 | 12.05% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.26 | 3.56% |
| Efficiency Ratio (%) | ▲ | 52.08% | -3.26 | 55.34% |
| Pre-Provision Profit ($M) | ▲ | $30 | +4.88 | $26 |
| Cost of Funds (%) | ▲ | 1.80% | -0.34 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,295 | +189.02 | $6,106 |
| Gross Loans ($M) | ▲ | $4,755 | +217.11 | $4,538 |
| Loan Growth YoY (%) | ▲ | 88.67% | +2.24 | 86.42% |
| Total Deposits ($M) | ▲ | $5,310 | +113.15 | $5,197 |
| Shareholders Equity ($M) | ▲ | $681 | +53.70 | $627 |
| Tang. Book Value ($M) | ▲ | $630 | +53.37 | $577 |
| TBV excl. AOCI ($M)** | ▲ | $680 | +52.45 | $627 |
| Loan / Deposit Ratio (%) | ▲ | 88.67% | +2.24 | 86.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.63% | +0.09 | 0.53% |
| Allowance / Loans (%) | — | 1.00% | -0.04% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.82% | +0.11 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.72% | +0.80 | 11.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 3.04% | 3.06% | 3.47% | 3.56% | 3.63% | 3.68% | 3.79% | 3.82% |
| ▆▁▇█████ | Return on Assets (%) | 0.73% | -0.50% | 1.18% | 1.20% | 1.26% | 1.28% | 1.42% | 1.42% |
| ██▁▂▁▁▁▁ | Efficiency Ratio (%) | 75.1% | 73.3% | 54.7% | 55.3% | 54.7% | 54.5% | 52.8% | 52.1% |
| ██▅▅▄▃▁▁ | Cost of Funds (%) | 2.36% | 2.33% | 2.10% | 2.14% | 2.02% | 1.98% | 1.79% | 1.80% |
| ██▆▁▁▃▅▆ | NPA / Assets (%) | 0.67% | 0.68% | 0.64% | 0.53% | 0.55% | 0.57% | 0.62% | 0.63% |
| ██▇▁▁▂▅▅ | Net Charge-Off Ratio (%) | 0.92% | 0.92% | 0.88% | 0.71% | 0.74% | 0.77% | 0.83% | 0.82% |
| ▁▄▅▅▆▇██ | Tang. Book Value ($M) | $493 | $545 | $566 | $577 | $595 | $612 | $620 | $630 |
| ▁▂▄▄▅▆▆█ | Gross Loans ($M) | $4,405 | $4,481 | $4,554 | $4,538 | $4,593 | $4,661 | $4,629 | $4,755 |
| ▆▁█▂▇▄▆▅ | Total Deposits ($M) | $5,325 | $5,155 | $5,424 | $5,197 | $5,371 | $5,290 | $5,349 | $5,310 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 13% |
| Consumer | 17% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 12% |