Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.02 | 1.04% |
| Return on Equity (%) | ▲ | 13.81% | +0.36 | 13.45% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.29 | 3.10% |
| Efficiency Ratio (%) | ▼ | 57.89% | +0.00 | 57.89% |
| Pre-Provision Profit ($M) | ▲ | $16 | +3.37 | $12 |
| Cost of Funds (%) | ▲ | 1.97% | -0.39 | 2.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,881 | +194.77 | $3,686 |
| Gross Loans ($M) | ▲ | $2,975 | +166.66 | $2,808 |
| Loan Growth YoY (%) | ▲ | 82.55% | +0.32 | 82.23% |
| Total Deposits ($M) | ▲ | $3,557 | +183.01 | $3,374 |
| Shareholders Equity ($M) | ▲ | $301 | +13.62 | $288 |
| Tang. Book Value ($M) | ▲ | $299 | +13.99 | $285 |
| TBV excl. AOCI ($M)** | ▲ | $313 | +14.39 | $298 |
| Loan / Deposit Ratio (%) | ▲ | 82.55% | +0.32 | 82.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.16 | 0.12% |
| Allowance / Loans (%) | — | 1.29% | 0.10% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.20 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.93% | -0.12 | 10.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▂▄▆█ | Net Interest Margin (%) | 3.12% | 3.14% | 3.08% | 3.10% | 3.14% | 3.20% | 3.31% | 3.38% |
| ▁▁█▄▄▄▃▄ | Return on Assets (%) | 0.92% | 0.94% | 1.22% | 1.04% | 1.03% | 1.04% | 1.02% | 1.06% |
| █▆▁▄▄▃█▄ | Efficiency Ratio (%) | 59.8% | 59.1% | 55.9% | 57.9% | 57.5% | 57.1% | 60.2% | 57.9% |
| ██▇██▄▁▁ | Cost of Funds (%) | 2.40% | 2.41% | 2.31% | 2.36% | 2.39% | 2.17% | 2.01% | 1.97% |
| ▁▁▁▂▃▃▅█ | NPA / Assets (%) | 0.08% | 0.09% | 0.08% | 0.12% | 0.15% | 0.15% | 0.18% | 0.28% |
| ▁▁▁▂▄▃▅█ | Net Charge-Off Ratio (%) | 0.10% | 0.12% | 0.10% | 0.16% | 0.20% | 0.19% | 0.24% | 0.36% |
| ▁▁▄▅▆▇▆█ | Tang. Book Value ($M) | $263 | $263 | $278 | $285 | $288 | $290 | $290 | $299 |
| ▁▂▁▂▁▆▇█ | Gross Loans ($M) | $2,770 | $2,796 | $2,790 | $2,808 | $2,784 | $2,899 | $2,937 | $2,975 |
| ▁▁▄▅▇▇▇█ | Total Deposits ($M) | $3,153 | $3,195 | $3,308 | $3,374 | $3,461 | $3,491 | $3,507 | $3,557 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 31% |
| Agricultural | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 17% |