Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.42 | 0.63% |
| Return on Equity (%) | ▲ | 8.46% | +2.97 | 5.49% |
| Net Interest Margin (%) | ▲ | 1.31% | +0.19 | 1.12% |
| Efficiency Ratio (%) | ▲ | 73.96% | -6.97 | 80.93% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.23 | $4 |
| Cost of Funds (%) | ▲ | 2.61% | -0.10 | 2.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,564 | +196.73 | $5,368 |
| Gross Loans ($M) | ▲ | $4,259 | +109.23 | $4,150 |
| Loan Growth YoY (%) | ▼ | 126.06% | -0.76 | 126.83% |
| Total Deposits ($M) | ▲ | $3,367 | +106.25 | $3,261 |
| Shareholders Equity ($M) | ▲ | $695 | +59.31 | $635 |
| Tang. Book Value ($M) | ▲ | $685 | +59.31 | $626 |
| TBV excl. AOCI ($M)** | ▲ | $718 | +58.40 | $659 |
| Loan / Deposit Ratio (%) | ▼ | 126.06% | -0.76 | 126.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.01 | 0.02% |
| Allowance / Loans (%) | — | 0.34% | -0.00% | 0.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.01 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.21% | +0.92 | 15.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 1.01% | 0.99% | 1.09% | 1.12% | 1.15% | 1.17% | 1.29% | 1.31% |
| █▇▁▇██▄█ | Return on Assets (%) | 0.93% | 0.74% | -0.65% | 0.63% | 1.02% | 0.91% | 0.15% | 1.05% |
| ██▅▃▃▅▁▁ | Efficiency Ratio (%) | 93.6% | 94.3% | 84.4% | 80.9% | 79.6% | 85.1% | 73.7% | 74.0% |
| ██▅▄▅▆▂▁ | Cost of Funds (%) | 2.85% | 2.87% | 2.75% | 2.71% | 2.77% | 2.78% | 2.65% | 2.61% |
| ▇▅▂▄▁▃▃█ | NPA / Assets (%) | 0.02% | 0.02% | 0.01% | 0.02% | 0.01% | 0.02% | 0.02% | 0.03% |
| ▇▅▂▄▁▃▃█ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.02% | 0.02% | 0.01% | 0.02% | 0.02% | 0.04% |
| ▁▁▁▃▅▆▆█ | Tang. Book Value ($M) | $597 | $598 | $600 | $626 | $651 | $659 | $659 | $685 |
| ▁▂▂▄▆▆▆█ | Gross Loans ($M) | $4,071 | $4,104 | $4,099 | $4,150 | $4,206 | $4,201 | $4,195 | $4,259 |
| ▁█▇▅▂▂▇█ | Total Deposits ($M) | $3,133 | $3,359 | $3,319 | $3,261 | $3,187 | $3,179 | $3,313 | $3,367 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 29% |