Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.25 | 1.26% |
| Return on Equity (%) | ▲ | 17.25% | +2.19 | 15.06% |
| Net Interest Margin (%) | ▼ | 6.12% | -0.15 | 6.27% |
| Efficiency Ratio (%) | ▲ | 59.18% | -0.36 | 59.54% |
| Pre-Provision Profit ($M) | ▲ | $16 | +1.43 | $14 |
| Cost of Funds (%) | ▲ | 1.71% | -0.07 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,380 | +202.80 | $2,177 |
| Gross Loans ($M) | ▲ | $1,881 | +226.37 | $1,655 |
| Loan Growth YoY (%) | ▲ | 86.76% | +4.94 | 81.82% |
| Total Deposits ($M) | ▲ | $2,133 | +147.66 | $1,986 |
| Shareholders Equity ($M) | ▲ | $206 | +27.53 | $179 |
| Tang. Book Value ($M) | ▲ | $206 | +27.53 | $179 |
| TBV excl. AOCI ($M)** | ▲ | $216 | +28.76 | $187 |
| Loan / Deposit Ratio (%) | ▲ | 86.76% | +4.94 | 81.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.09 | 0.43% |
| Allowance / Loans (%) | — | 1.60% | -0.21% | 1.81% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.04 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.24% | +0.04 | 11.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▆▅▆▆▁▁ | Net Interest Margin (%) | 6.31% | 6.39% | 6.30% | 6.27% | 6.30% | 6.30% | 6.10% | 6.12% |
| ▃▁▃▄▆▆██ | Return on Assets (%) | 1.24% | 1.07% | 1.22% | 1.26% | 1.38% | 1.38% | 1.48% | 1.52% |
| █▇▄▃▁▃▄▂ | Efficiency Ratio (%) | 61.1% | 60.8% | 59.7% | 59.5% | 58.7% | 59.6% | 59.6% | 59.2% |
| ▆█▄▃▆▄▂▁ | Cost of Funds (%) | 1.87% | 1.96% | 1.81% | 1.78% | 1.87% | 1.82% | 1.75% | 1.71% |
| ▂▄▇▁▁██▇ | NPA / Assets (%) | 0.43% | 0.48% | 0.52% | 0.43% | 0.42% | 0.55% | 0.54% | 0.53% |
| ▃▄█▃▁▆▆▅ | Net Charge-Off Ratio (%) | 0.55% | 0.57% | 0.65% | 0.55% | 0.51% | 0.60% | 0.60% | 0.59% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $167 | $168 | $174 | $179 | $190 | $197 | $201 | $206 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $1,503 | $1,576 | $1,616 | $1,655 | $1,715 | $1,769 | $1,799 | $1,881 |
| ▁▁▃▅▅▄▇█ | Total Deposits ($M) | $1,787 | $1,788 | $1,878 | $1,986 | $1,984 | $1,946 | $2,057 | $2,133 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 6% |
| Consumer | 26% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 24% |