Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.16 | 1.08% |
| Return on Equity (%) | ▲ | 9.89% | +0.43 | 9.46% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.48 | 3.41% |
| Efficiency Ratio (%) | ▲ | 57.43% | -1.63 | 59.06% |
| Pre-Provision Profit ($M) | ▲ | $32 | +9.97 | $22 |
| Cost of Funds (%) | ▲ | 1.79% | -0.19 | 1.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,039 | +699.99 | $6,339 |
| Gross Loans ($M) | ▲ | $5,634 | +794.77 | $4,839 |
| Loan Growth YoY (%) | ▲ | 93.74% | +6.52 | 87.22% |
| Total Deposits ($M) | ▲ | $5,965 | +460.74 | $5,505 |
| Shareholders Equity ($M) | ▲ | $872 | +125.44 | $747 |
| Tang. Book Value ($M) | ▲ | $697 | +95.44 | $602 |
| TBV excl. AOCI ($M)** | ▲ | $741 | +100.88 | $640 |
| Loan / Deposit Ratio (%) | ▲ | 93.74% | +6.52 | 87.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.11 | 0.42% |
| Allowance / Loans (%) | — | 0.74% | -0.04% | 0.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.14 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.55% | +0.05 | 12.51% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▆█ | Net Interest Margin (%) | 3.11% | 3.16% | 3.35% | 3.41% | 3.54% | 3.64% | 3.67% | 3.90% |
| ▁▁▄▃▇█▂█ | Return on Assets (%) | 1.01% | 1.03% | 1.12% | 1.08% | 1.20% | 1.25% | 1.05% | 1.24% |
| ██▇▅▃▁█▂ | Efficiency Ratio (%) | 61.0% | 60.8% | 60.2% | 59.1% | 57.6% | 56.3% | 61.0% | 57.4% |
| █▇▅▄▅▄▁▂ | Cost of Funds (%) | 2.41% | 2.31% | 2.08% | 1.98% | 2.11% | 1.97% | 1.65% | 1.79% |
| ▁▄▅▄▄▇██ | NPA / Assets (%) | 0.32% | 0.41% | 0.43% | 0.42% | 0.42% | 0.50% | 0.55% | 0.53% |
| ▁▇█▁▁▅█▇ | Net Charge-Off Ratio (%) | 0.39% | 0.51% | 0.53% | 0.37% | 0.37% | 0.47% | 0.53% | 0.51% |
| ▁▁▁▅▆▇██ | Tang. Book Value ($M) | $472 | $480 | $499 | $602 | $626 | $650 | $678 | $697 |
| ▁▁▁▃▃▃██ | Gross Loans ($M) | $4,440 | $4,450 | $4,498 | $4,839 | $4,827 | $4,867 | $5,526 | $5,634 |
| ▁▁▁▅▅▄██ | Total Deposits ($M) | $4,718 | $4,774 | $4,809 | $5,505 | $5,390 | $5,221 | $5,992 | $5,965 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |