Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.39% | +0.96 | -0.58% |
| Return on Equity (%) | ▲ | 5.85% | +13.21 | -7.36% |
| Net Interest Margin (%) | ▼ | 2.36% | -0.15 | 2.51% |
| Efficiency Ratio (%) | ▼ | 68.18% | +1.05 | 67.13% |
| Pre-Provision Profit ($M) | ▼ | $8 | -0.55 | $9 |
| Cost of Funds (%) | ▲ | 2.90% | -0.21 | 3.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $3,892 | -74.99 | $3,967 |
| Gross Loans ($M) | ▼ | $1,765 | -645.30 | $2,411 |
| Loan Growth YoY (%) | ▼ | 49.96% | -17.53 | 67.48% |
| Total Deposits ($M) | ▼ | $3,465 | -20.05 | $3,485 |
| Shareholders Equity ($M) | ▼ | $261 | -40.56 | $302 |
| Tang. Book Value ($M) | ▼ | $259 | -26.83 | $286 |
| TBV excl. AOCI ($M)** | ▼ | $320 | -2.11 | $322 |
| Loan / Deposit Ratio (%) | ▼ | 49.96% | -17.53 | 67.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.81% | -1.40 | 3.20% |
| Allowance / Loans (%) | — | 1.94% | -0.50% | 2.44% |
| Net Charge-Off Ratio (%) | ▲ | 2.30% | -2.66 | 4.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.95% | +3.17 | 11.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▅▆▄▁▃ | Net Interest Margin (%) | 2.67% | 2.64% | 2.51% | 2.51% | 2.51% | 2.44% | 2.25% | 2.36% |
| ██▅▅▁▂██ | Return on Assets (%) | 0.55% | 0.47% | -0.53% | -0.58% | -1.90% | -1.33% | 0.34% | 0.39% |
| ▁▁█▆▆▇█▇ | Efficiency Ratio (%) | 62.8% | 63.3% | 68.7% | 67.1% | 67.4% | 68.0% | 69.5% | 68.2% |
| ██▆▄▅▁▄▁ | Cost of Funds (%) | 3.40% | 3.39% | 3.23% | 3.11% | 3.20% | 2.93% | 3.11% | 2.90% |
| ▁▆█▇█▃▂▁ | NPA / Assets (%) | 1.71% | 3.03% | 3.50% | 3.20% | 3.33% | 2.34% | 2.11% | 1.81% |
| ▁▆███▂▂▁ | Net Charge-Off Ratio (%) | 2.38% | 4.46% | 5.32% | 4.96% | 5.01% | 2.92% | 2.84% | 2.30% |
| ███▇▁▁▁▁ | Tang. Book Value ($M) | $293 | $294 | $291 | $286 | $257 | $261 | $259 | $259 |
| ██▆▆▅▃▂▁ | Gross Loans ($M) | $2,770 | $2,694 | $2,513 | $2,411 | $2,280 | $2,070 | $1,925 | $1,765 |
| ▃▄▁▄▁█▅▄ | Total Deposits ($M) | $3,435 | $3,479 | $3,341 | $3,485 | $3,358 | $3,637 | $3,512 | $3,465 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 36% |