Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.51 | 0.73% |
| Return on Equity (%) | ▲ | 11.55% | +4.00 | 7.55% |
| Net Interest Margin (%) | ▲ | 2.07% | +0.51 | 1.56% |
| Efficiency Ratio (%) | ▲ | 36.27% | -7.17 | 43.44% |
| Pre-Provision Profit ($M) | ▲ | $15 | +4.20 | $11 |
| Cost of Funds (%) | ▲ | 2.57% | -0.36 | 2.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $4,557 | +17.29 | $4,539 |
| Gross Loans ($M) | ▼ | $3,933 | -26.00 | $3,959 |
| Loan Growth YoY (%) | ▼ | 149.33% | -8.14 | 157.47% |
| Total Deposits ($M) | ▲ | $2,614 | +117.48 | $2,497 |
| Shareholders Equity ($M) | ▲ | $507 | +61.67 | $446 |
| Tang. Book Value ($M) | ▲ | $507 | +61.67 | $446 |
| TBV excl. AOCI ($M)** | ▲ | $516 | +64.00 | $452 |
| Loan / Deposit Ratio (%) | ▼ | 149.33% | -8.14 | 157.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.78% | +0.07 | 0.70% |
| Allowance / Loans (%) | — | 0.75% | 0.05% | 0.70% |
| Net Charge-Off Ratio (%) | ▲ | 0.78% | -0.02 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.69% | +1.58 | 13.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 0.95% | 1.02% | 1.47% | 1.56% | 1.62% | 1.69% | 2.00% | 2.07% |
| ▂▄▄▄▇█▁█ | Return on Assets (%) | 0.50% | 0.63% | 0.63% | 0.73% | 1.00% | 1.21% | 0.25% | 1.24% |
| █▇▃▂▂▂▁▁ | Efficiency Ratio (%) | 68.8% | 63.9% | 45.9% | 43.4% | 41.6% | 39.8% | 35.0% | 36.3% |
| █▇▄▄▄▃▁▁ | Cost of Funds (%) | 3.41% | 3.27% | 2.99% | 2.93% | 2.96% | 2.80% | 2.61% | 2.57% |
| ▁▁▁▇▇▇██ | NPA / Assets (%) | 0.04% | 0.03% | 0.04% | 0.70% | 0.71% | 0.69% | 0.87% | 0.78% |
| ▁▁▁▇▇▇█▇ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.05% | 0.81% | 0.81% | 0.79% | 0.97% | 0.78% |
| ▁▁▂▃▄▆▆█ | Tang. Book Value ($M) | $422 | $432 | $438 | $446 | $462 | $480 | $483 | $507 |
| ▁▂██▆▅▅▅ | Gross Loans ($M) | $3,890 | $3,901 | $3,951 | $3,959 | $3,942 | $3,928 | $3,925 | $3,933 |
| ▁▂▇▂▃▆██ | Total Deposits ($M) | $2,476 | $2,509 | $2,590 | $2,497 | $2,513 | $2,567 | $2,621 | $2,614 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 32% |