Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.32 | 1.03% |
| Return on Equity (%) | ▲ | 14.79% | +2.46 | 12.33% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.26 | 3.14% |
| Efficiency Ratio (%) | ▲ | 51.48% | -7.92 | 59.40% |
| Pre-Provision Profit ($M) | ▲ | $16 | +3.61 | $13 |
| Cost of Funds (%) | ▲ | 1.60% | -0.12 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,702 | +149.65 | $3,552 |
| Gross Loans ($M) | ▲ | $1,811 | +118.11 | $1,693 |
| Loan Growth YoY (%) | ▼ | 56.39% | -0.14 | 56.53% |
| Total Deposits ($M) | ▲ | $3,166 | +211.08 | $2,955 |
| Shareholders Equity ($M) | ▲ | $343 | +40.93 | $302 |
| Tang. Book Value ($M) | ▲ | $343 | +41.08 | $302 |
| TBV excl. AOCI ($M)** | ▲ | $409 | +41.21 | $368 |
| Loan / Deposit Ratio (%) | ▼ | 56.39% | -0.14 | 56.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.02 | 0.11% |
| Allowance / Loans (%) | — | 1.41% | 0.09% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.04 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▅▆▇█ | Net Interest Margin (%) | 3.12% | 3.11% | 3.07% | 3.14% | 3.23% | 3.28% | 3.31% | 3.39% |
| ▁▁▁▁▂▃█▇ | Return on Assets (%) | 0.99% | 0.99% | 0.99% | 1.03% | 1.07% | 1.12% | 1.42% | 1.34% |
| ███▇▇▆▁▁ | Efficiency Ratio (%) | 60.9% | 61.3% | 60.7% | 59.4% | 58.7% | 57.4% | 50.8% | 51.5% |
| █▆▆▆█▁▂▁ | Cost of Funds (%) | 1.77% | 1.72% | 1.71% | 1.72% | 1.77% | 1.57% | 1.60% | 1.60% |
| █▁▇▃▃▄▆█ | NPA / Assets (%) | 0.13% | 0.10% | 0.12% | 0.11% | 0.11% | 0.11% | 0.12% | 0.13% |
| █▁█▃▁▄▆█ | Net Charge-Off Ratio (%) | 0.26% | 0.21% | 0.26% | 0.23% | 0.21% | 0.23% | 0.25% | 0.26% |
| ▂▁▂▄▅▇▇█ | Tang. Book Value ($M) | $284 | $273 | $288 | $302 | $316 | $326 | $331 | $343 |
| ▁▁▁▄▆▆▇█ | Gross Loans ($M) | $1,597 | $1,597 | $1,618 | $1,693 | $1,737 | $1,754 | $1,775 | $1,811 |
| ▁▃▂▄▅███ | Total Deposits ($M) | $2,757 | $2,893 | $2,856 | $2,955 | $2,983 | $3,143 | $3,135 | $3,166 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 11% |