Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.38% | +0.07 | 1.32% |
| Return on Equity (%) | ▼ | 13.27% | -0.27 | 13.54% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.16 | 3.53% |
| Efficiency Ratio (%) | ▲ | 49.24% | -0.54 | 49.78% |
| Pre-Provision Profit ($M) | ▲ | $14 | +1.43 | $13 |
| Cost of Funds (%) | ▲ | 1.83% | -0.26 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,928 | +107.02 | $2,821 |
| Gross Loans ($M) | ▲ | $2,207 | +45.01 | $2,162 |
| Loan Growth YoY (%) | ▼ | 85.86% | -1.85 | 87.70% |
| Total Deposits ($M) | ▲ | $2,543 | +104.96 | $2,438 |
| Shareholders Equity ($M) | ▲ | $312 | +25.72 | $286 |
| Tang. Book Value ($M) | ▲ | $269 | +27.65 | $241 |
| TBV excl. AOCI ($M)** | ▲ | $288 | +29.11 | $259 |
| Loan / Deposit Ratio (%) | ▼ | 85.86% | -1.85 | 87.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.13% | +0.30 | 0.82% |
| Allowance / Loans (%) | — | 1.07% | -0.02% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 1.49% | +0.41 | 1.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.11% | +0.77 | 11.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▇█ | Net Interest Margin (%) | 3.28% | 3.31% | 3.44% | 3.53% | 3.54% | 3.57% | 3.60% | 3.69% |
| ▁▂▅▇██▆█ | Return on Assets (%) | 0.92% | 1.01% | 1.22% | 1.32% | 1.38% | 1.41% | 1.27% | 1.38% |
| █▆▃▂▁▁▃▂ | Efficiency Ratio (%) | 56.8% | 54.4% | 51.3% | 49.8% | 48.1% | 48.3% | 50.6% | 49.2% |
| ▇█▅▄▄▄▁▁ | Cost of Funds (%) | 2.32% | 2.40% | 2.13% | 2.09% | 2.06% | 2.08% | 1.90% | 1.83% |
| ▂▁▁▃▅▄█▇ | NPA / Assets (%) | 0.81% | 0.69% | 0.74% | 0.82% | 1.00% | 0.95% | 1.21% | 1.13% |
| ▂▁▁▂▆▅██ | Net Charge-Off Ratio (%) | 1.06% | 0.94% | 0.99% | 1.07% | 1.34% | 1.25% | 1.55% | 1.49% |
| ▁▁▃▄▆▆▇█ | Tang. Book Value ($M) | $220 | $222 | $233 | $241 | $253 | $251 | $258 | $269 |
| ▁▁▂▅▇▇██ | Gross Loans ($M) | $2,102 | $2,102 | $2,117 | $2,162 | $2,186 | $2,184 | $2,195 | $2,207 |
| ▁▇▃▁██▄█ | Total Deposits ($M) | $2,429 | $2,516 | $2,471 | $2,438 | $2,535 | $2,540 | $2,479 | $2,543 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 8% |
| Consumer | 11% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |