Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.65% | +0.19 | 1.46% |
| Return on Equity (%) | ▲ | 17.35% | +1.03 | 16.32% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.19 | 3.80% |
| Efficiency Ratio (%) | ▲ | 46.86% | -1.60 | 48.46% |
| Pre-Provision Profit ($M) | ▲ | $21 | +3.89 | $17 |
| Cost of Funds (%) | ▲ | 2.11% | -0.15 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,496 | +180.94 | $3,315 |
| Gross Loans ($M) | ▲ | $2,583 | +135.90 | $2,447 |
| Loan Growth YoY (%) | ▼ | 83.83% | -0.37 | 84.20% |
| Total Deposits ($M) | ▲ | $3,030 | +167.13 | $2,863 |
| Shareholders Equity ($M) | ▲ | $341 | +44.56 | $296 |
| Tang. Book Value ($M) | ▲ | $326 | +44.49 | $282 |
| TBV excl. AOCI ($M)** | ▲ | $361 | +47.87 | $313 |
| Loan / Deposit Ratio (%) | ▼ | 83.83% | -0.37 | 84.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.74% | +0.01 | 0.73% |
| Allowance / Loans (%) | — | 1.64% | 0.17% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 1.00% | +0.01 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.82% | +0.64 | 12.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▄▅█ | Net Interest Margin (%) | 3.68% | 3.71% | 3.75% | 3.80% | 3.83% | 3.83% | 3.86% | 4.00% |
| ▁▂▇▆▆▇██ | Return on Assets (%) | 1.04% | 1.16% | 1.56% | 1.46% | 1.48% | 1.52% | 1.60% | 1.65% |
| ▂▁▂▆██▂▁ | Efficiency Ratio (%) | 47.2% | 47.1% | 47.3% | 48.5% | 49.3% | 49.0% | 47.4% | 46.9% |
| █▇▃▃▄▃▁▁ | Cost of Funds (%) | 2.64% | 2.52% | 2.25% | 2.26% | 2.34% | 2.20% | 2.04% | 2.11% |
| ▁▄▄█▃▂▆█ | NPA / Assets (%) | 0.41% | 0.55% | 0.53% | 0.73% | 0.53% | 0.49% | 0.64% | 0.74% |
| ▁▄▃█▃▂▆█ | Net Charge-Off Ratio (%) | 0.55% | 0.74% | 0.72% | 0.99% | 0.72% | 0.66% | 0.89% | 1.00% |
| ▁▁▂▂▅▆▆█ | Tang. Book Value ($M) | $277 | $273 | $280 | $282 | $302 | $312 | $312 | $326 |
| ▁▁▂▃▃▆▇█ | Gross Loans ($M) | $2,379 | $2,394 | $2,412 | $2,447 | $2,448 | $2,528 | $2,547 | $2,583 |
| ▁▁▁▂▃▃█▆ | Total Deposits ($M) | $2,832 | $2,826 | $2,802 | $2,863 | $2,883 | $2,884 | $3,118 | $3,030 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 18% |
| Agricultural | 14% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 13% |