Core Insights - The company reported strong growth in deposits and loans, with total deposits increasing by nearly $400 million in Q4 to just under $21 billion and loans growing by about $500 million, or 3% sequentially [1][5] Deposit Growth - Non-interest-bearing deposits rose by approximately $150 million in Q4 and over $500 million in 2025, excluding large increases from Qubix clients [1] - The company emphasized a shift towards "relationship-based, granular, high-quality deposits," with teams managing over $3.3 billion in deposits across more than 8,000 commercial accounts [1] Financial Performance - CEO Sam Sidhu highlighted 2025 as an "exceptional year," with deposits growing by about $2 billion, or 10%, and loans increasing by 15% [2] - The company achieved record net interest income, which increased by 15%, and the efficiency ratio improved by more than six percentage points [2] Revenue and Earnings Growth - Jay Sidhu noted multi-year growth in revenue, earnings, and tangible book value, with a five-year total shareholder return exceeding 300% [3] - Net interest income rose 22% year-over-year to $204 million, with net interest margin expanding by 29 basis points to 3.4% [6] Credit Metrics - Credit metrics remained stable, with non-performing assets at 29 basis points of total assets, and net charge-offs declining by 10% in the quarter [8] Payments Strategy - The bank's payments platform, Qubix, processed over $2 trillion in payments volume in 2025, a 30% increase from 2024 [10] - The Qubix platform enables clients to access multiple payment rails, supporting consistent average deposit balances of $3.9 billion [10] Capital Position and Guidance - The company strengthened its capital position through a $100 million sub-debt issuance, with a tangible common equity ratio reaching 8.5% [13] - Initial guidance for 2026 includes loan growth of 8%–12% and net interest income of $800 million–$830 million [18] Operational Initiatives - The company is targeting $20 million in run-rate proceeds through a renewed operational excellence initiative, focusing on strategic growth [14] - Management emphasized the importance of organic balance sheet growth, talent recruitment, and leveraging AI across the organization [16]