Reports Q3 net interest margin 2.18%, an increase of 3 basis points from the linked quarter and an increase of 5 basis points from the same period last year. The Tier 1 Capital Ratio was 14.05% at September 30, 2024 compared with 13.96% at June 30, 2024 and 12.53% at September 30, 2023. Tangible Book Value was $32.43 from $31.12 at previous quarter end. “For Q3 2024, we are pleased to report improved net interest income and noninterest income, alongside controlled expenses and steady loan and deposit performance. Credit remained excellent,” said Peter Ho, CEO.
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