Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.02 | 1.72% |
| Return on Equity (%) | ▼ | 15.04% | -0.50 | 15.54% |
| Net Interest Margin (%) | — | 4.21% | 0.00 | 4.21% |
| Efficiency Ratio (%) | ▼ | 44.13% | +1.34 | 42.79% |
| Pre-Provision Profit ($M) | ▲ | $35 | +1.93 | $34 |
| Cost of Funds (%) | ▲ | 1.03% | -0.13 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,834 | +354.87 | $5,480 |
| Gross Loans ($M) | ▲ | $3,704 | +80.22 | $3,624 |
| Loan Growth YoY (%) | ▼ | 71.16% | -3.29 | 74.45% |
| Total Deposits ($M) | ▲ | $5,096 | +331.67 | $4,765 |
| Shareholders Equity ($M) | ▲ | $687 | +57.05 | $630 |
| Tang. Book Value ($M) | ▲ | $675 | +57.56 | $617 |
| TBV excl. AOCI ($M)** | ▲ | $756 | +72.93 | $683 |
| Loan / Deposit Ratio (%) | ▼ | 71.16% | -3.29 | 74.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.08 | 0.02% |
| Allowance / Loans (%) | — | 2.09% | -0.02% | 2.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.13 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.74% | +0.61 | 14.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▇██▆▇ | Net Interest Margin (%) | 4.11% | 4.13% | 4.16% | 4.21% | 4.22% | 4.24% | 4.20% | 4.21% |
| ▁▁▆▆▇▇▅█ | Return on Assets (%) | 1.68% | 1.68% | 1.71% | 1.72% | 1.72% | 1.73% | 1.71% | 1.74% |
| ▇▇▁▂▄▄█▅ | Efficiency Ratio (%) | 45.0% | 44.7% | 42.2% | 42.8% | 43.5% | 43.6% | 45.5% | 44.1% |
| █▄▁▇▄▃▂▃ | Cost of Funds (%) | 1.20% | 1.07% | 0.96% | 1.16% | 1.05% | 1.04% | 1.00% | 1.03% |
| ▃▂▁▁▂▁▅█ | NPA / Assets (%) | 0.04% | 0.03% | 0.02% | 0.02% | 0.03% | 0.01% | 0.07% | 0.10% |
| ▃▂▁▁▂▂▇█ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.01% | 0.00% | 0.03% | 0.02% | 0.11% | 0.13% |
| ▃▁▃▄▄▆▇█ | Tang. Book Value ($M) | $601 | $572 | $601 | $617 | $620 | $641 | $651 | $675 |
| █▇▁▃▂▅▃█ | Gross Loans ($M) | $3,704 | $3,678 | $3,584 | $3,624 | $3,608 | $3,649 | $3,617 | $3,704 |
| ▁▁▆▂▄▆██ | Total Deposits ($M) | $4,712 | $4,706 | $4,982 | $4,765 | $4,911 | $4,985 | $5,121 | $5,096 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 14% |
| Agricultural | 7% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 9% |