Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.35 | 0.37% |
| Return on Equity (%) | ▲ | 5.57% | +2.42 | 3.15% |
| Net Interest Margin (%) | ▲ | 2.72% | +0.52 | 2.20% |
| Efficiency Ratio (%) | ▲ | 68.19% | -11.43 | 79.63% |
| Pre-Provision Profit ($M) | ▲ | $17 | +6.73 | $10 |
| Cost of Funds (%) | ▲ | 1.74% | -0.26 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,149 | +46.76 | $6,102 |
| Gross Loans ($M) | ▲ | $3,788 | +227.75 | $3,561 |
| Loan Growth YoY (%) | ▲ | 72.54% | +5.18 | 67.36% |
| Total Deposits ($M) | ▼ | $5,176 | -57.71 | $5,234 |
| Shareholders Equity ($M) | ▲ | $808 | +69.81 | $738 |
| Tang. Book Value ($M) | ▲ | $794 | +69.82 | $724 |
| TBV excl. AOCI ($M)** | ▲ | $890 | +62.52 | $828 |
| Loan / Deposit Ratio (%) | ▲ | 72.54% | +5.18 | 67.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.09 | 0.11% |
| Allowance / Loans (%) | — | 0.90% | -0.09% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.14 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.24% | +0.71 | 17.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 1.90% | 1.95% | 2.09% | 2.20% | 2.29% | 2.36% | 2.63% | 2.72% |
| ▃▁▂▃▅▆▆█ | Return on Assets (%) | 0.34% | 0.20% | 0.28% | 0.37% | 0.53% | 0.54% | 0.58% | 0.72% |
| ██▇▄▃▃▂▁ | Efficiency Ratio (%) | 91.4% | 89.7% | 86.5% | 79.6% | 74.9% | 74.5% | 73.5% | 68.2% |
| █▇▅▅▅▄▂▁ | Cost of Funds (%) | 2.16% | 2.09% | 1.98% | 1.99% | 1.98% | 1.92% | 1.80% | 1.74% |
| ▂▁▁▄▅▄▄█ | NPA / Assets (%) | 0.06% | 0.05% | 0.04% | 0.11% | 0.12% | 0.12% | 0.12% | 0.20% |
| ▂▁▁▄▅▄▄█ | Net Charge-Off Ratio (%) | 0.10% | 0.09% | 0.06% | 0.19% | 0.21% | 0.20% | 0.20% | 0.33% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $696 | $692 | $712 | $724 | $749 | $777 | $780 | $794 |
| ▄▂▁▁▁▄▆█ | Gross Loans ($M) | $3,653 | $3,617 | $3,569 | $3,561 | $3,577 | $3,663 | $3,707 | $3,788 |
| ▁▅█▆▅▅▄▂ | Total Deposits ($M) | $5,153 | $5,230 | $5,277 | $5,234 | $5,222 | $5,225 | $5,208 | $5,176 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 12% |