Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +4.65 | -3.43% |
| Return on Equity (%) | ▲ | 13.18% | +48.58 | -35.40% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.31 | 3.70% |
| Efficiency Ratio (%) | ▼ | 59.79% | +0.50 | 59.29% |
| Pre-Provision Profit ($M) | ▼ | $34 | -1.24 | $35 |
| Cost of Funds (%) | ▲ | 1.63% | -0.45 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $6,692 | -404.61 | $7,096 |
| Gross Loans ($M) | ▼ | $4,253 | -819.95 | $5,073 |
| Loan Growth YoY (%) | ▼ | 73.24% | -10.38 | 83.62% |
| Total Deposits ($M) | ▼ | $5,721 | -233.95 | $5,955 |
| Shareholders Equity ($M) | ▼ | $613 | -47.11 | $660 |
| Tang. Book Value ($M) | ▼ | $586 | -38.84 | $625 |
| TBV excl. AOCI ($M)** | ▼ | $669 | -23.70 | $693 |
| Loan / Deposit Ratio (%) | ▼ | 73.24% | -10.38 | 83.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.92% | -0.22 | 1.13% |
| Allowance / Loans (%) | — | 1.47% | -0.36% | 1.83% |
| Net Charge-Off Ratio (%) | ▲ | 1.43% | -0.15 | 1.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.59% | +1.10 | 12.49% |
Noninterest income ($23.33M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆██ | Net Interest Margin (%) | 3.57% | 3.58% | 3.65% | 3.70% | 3.80% | 3.84% | 3.98% | 4.01% |
| ██▁▄▅▆██ | Return on Assets (%) | 1.25% | 0.57% | -7.54% | -3.43% | -2.09% | -1.62% | 1.18% | 1.22% |
| ▁▂▆▅▅█▅▅ | Efficiency Ratio (%) | 50.4% | 52.7% | 61.0% | 59.3% | 59.0% | 66.4% | 60.3% | 59.8% |
| █▇▅▅▄▄▁▁ | Cost of Funds (%) | 2.48% | 2.31% | 2.13% | 2.08% | 2.03% | 1.97% | 1.67% | 1.63% |
| ▅██▂▁▁▁▁ | NPA / Assets (%) | 1.60% | 2.08% | 2.06% | 1.13% | 1.00% | 1.02% | 0.91% | 0.92% |
| ▄██▂▁▁▁▁ | Net Charge-Off Ratio (%) | 2.00% | 2.74% | 2.75% | 1.58% | 1.41% | 1.50% | 1.35% | 1.43% |
| █▃▄▅▁▁▁▁ | Tang. Book Value ($M) | $670 | $609 | $623 | $625 | $588 | $578 | $578 | $586 |
| █▇▆▅▄▁▁▁ | Gross Loans ($M) | $5,736 | $5,513 | $5,306 | $5,073 | $4,875 | $4,360 | $4,345 | $4,253 |
| ██▅▆▂▁▁▃ | Total Deposits ($M) | $6,262 | $6,203 | $5,943 | $5,955 | $5,610 | $5,429 | $5,451 | $5,721 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 20% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 3% |