Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.22% | -0.69 | 1.91% |
| Return on Equity (%) | ▼ | 14.47% | -8.15 | 22.62% |
| Net Interest Margin (%) | ▼ | 4.06% | -0.01 | 4.07% |
| Efficiency Ratio (%) | ▼ | 70.42% | +5.41 | 65.01% |
| Pre-Provision Profit ($M) | ▼ | $20 | -2.92 | $23 |
| Cost of Funds (%) | ▲ | 1.72% | -0.08 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,175 | +679.53 | $5,496 |
| Gross Loans ($M) | ▲ | $4,988 | +426.54 | $4,562 |
| Loan Growth YoY (%) | ▼ | 90.38% | -3.57 | 93.95% |
| Total Deposits ($M) | ▲ | $5,462 | +657.02 | $4,805 |
| Shareholders Equity ($M) | ▲ | $518 | +50.77 | $467 |
| Tang. Book Value ($M) | ▲ | $503 | +51.03 | $452 |
| TBV excl. AOCI ($M)** | ▲ | $534 | +52.11 | $482 |
| Loan / Deposit Ratio (%) | ▼ | 90.38% | -3.57 | 93.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.46% | -0.33 | 1.79% |
| Allowance / Loans (%) | — | 1.04% | -0.01% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 1.54% | -0.39 | 1.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.68% | -0.32 | 11.01% |
Noninterest income ($13.38M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅▇██▂▆ | Net Interest Margin (%) | 3.87% | 3.95% | 4.02% | 4.07% | 4.12% | 4.10% | 3.91% | 4.06% |
| ▃▆█▆▄▄▁▁ | Return on Assets (%) | 1.59% | 1.91% | 2.27% | 1.91% | 1.74% | 1.69% | 1.27% | 1.22% |
| ▁▃▁▁▂▂▅█ | Efficiency Ratio (%) | 64.4% | 66.4% | 64.7% | 65.0% | 65.7% | 65.9% | 68.0% | 70.4% |
| █▄▂▂▃▁▁▁ | Cost of Funds (%) | 2.19% | 1.88% | 1.79% | 1.80% | 1.87% | 1.69% | 1.70% | 1.72% |
| ▁▁▅██▇▇▆ | NPA / Assets (%) | 0.50% | 0.48% | 1.28% | 1.79% | 1.64% | 1.52% | 1.62% | 1.46% |
| ▁▁▆███▇▆ | Net Charge-Off Ratio (%) | 0.56% | 0.38% | 1.38% | 1.93% | 1.83% | 1.85% | 1.62% | 1.54% |
| ▁▂▅▄▆███ | Tang. Book Value ($M) | $408 | $431 | $459 | $452 | $471 | $497 | $505 | $503 |
| ▂▁▁▃▄▅▆█ | Gross Loans ($M) | $4,440 | $4,387 | $4,361 | $4,562 | $4,652 | $4,730 | $4,789 | $4,988 |
| ▁▁▁▁▃█▇█ | Total Deposits ($M) | $4,783 | $4,857 | $4,863 | $4,805 | $4,998 | $5,455 | $5,337 | $5,462 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 23% |
| Agricultural | 6% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 8% |