Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.08 | 1.30% |
| Return on Equity (%) | ▼ | 10.85% | -1.61 | 12.46% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.12 | 3.63% |
| Efficiency Ratio (%) | ▼ | 53.83% | +0.28 | 53.55% |
| Pre-Provision Profit ($M) | ▲ | $24 | +2.10 | $22 |
| Cost of Funds (%) | ▲ | 1.49% | -0.23 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,433 | +332.63 | $5,100 |
| Gross Loans ($M) | ▲ | $4,304 | +305.47 | $3,998 |
| Loan Growth YoY (%) | ▲ | 94.49% | +2.21 | 92.28% |
| Total Deposits ($M) | ▲ | $4,510 | +221.49 | $4,288 |
| Shareholders Equity ($M) | ▲ | $615 | +40.26 | $575 |
| Tang. Book Value ($M) | ▲ | $513 | +46.37 | $467 |
| TBV excl. AOCI ($M)** | ▲ | $540 | +43.69 | $496 |
| Loan / Deposit Ratio (%) | ▲ | 94.49% | +2.21 | 92.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.28% | -0.07 | 0.36% |
| Allowance / Loans (%) | — | 0.98% | -0.04% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.11 | 0.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.75% | -0.23 | 12.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇████ | Net Interest Margin (%) | 2.82% | 3.01% | 3.51% | 3.63% | 3.66% | 3.69% | 3.66% | 3.75% |
| ▁▁██████ | Return on Assets (%) | 0.18% | 0.29% | 1.24% | 1.30% | 1.31% | 1.27% | 1.21% | 1.23% |
| ██▁▁▁▁▁▁ | Efficiency Ratio (%) | 74.5% | 73.3% | 55.3% | 53.5% | 53.8% | 54.6% | 55.5% | 53.8% |
| ██▄▄▃▃▁▁ | Cost of Funds (%) | 2.12% | 2.10% | 1.78% | 1.72% | 1.71% | 1.66% | 1.47% | 1.49% |
| ▆▇█▄▄▁▁▂ | NPA / Assets (%) | 0.42% | 0.44% | 0.49% | 0.36% | 0.35% | 0.25% | 0.25% | 0.28% |
| ▇▇█▅▃▁▁▂ | Net Charge-Off Ratio (%) | 0.53% | 0.54% | 0.59% | 0.44% | 0.38% | 0.28% | 0.28% | 0.33% |
| ▁▁▁▆▇▇██ | Tang. Book Value ($M) | $392 | $388 | $403 | $467 | $484 | $495 | $503 | $513 |
| ▃▁▁▁▁▂▆█ | Gross Loans ($M) | $4,070 | $3,994 | $3,992 | $3,998 | $4,017 | $4,068 | $4,191 | $4,304 |
| █▃▁▁▁▄▄▆ | Total Deposits ($M) | $4,638 | $4,408 | $4,318 | $4,288 | $4,291 | $4,436 | $4,428 | $4,510 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 17% |
| Consumer | 2% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |