Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.33 | 0.97% |
| Return on Equity (%) | ▲ | 12.72% | +3.14 | 9.58% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.61 | 3.03% |
| Efficiency Ratio (%) | ▲ | 49.73% | -9.37 | 59.09% |
| Pre-Provision Profit ($M) | ▲ | $11 | +4.31 | $7 |
| Cost of Funds (%) | ▲ | 1.77% | -0.07 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,603 | +579.66 | $2,024 |
| Gross Loans ($M) | ▲ | $1,909 | +529.17 | $1,380 |
| Loan Growth YoY (%) | ▲ | 88.57% | +9.79 | 78.78% |
| Total Deposits ($M) | ▲ | $2,132 | +404.32 | $1,728 |
| Shareholders Equity ($M) | ▲ | $268 | +61.43 | $207 |
| Tang. Book Value ($M) | ▲ | $202 | +45.30 | $157 |
| TBV excl. AOCI ($M)** | ▲ | $226 | +45.55 | $180 |
| Loan / Deposit Ratio (%) | ▲ | 88.57% | +9.79 | 78.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.24% | +0.46 | 0.78% |
| Allowance / Loans (%) | — | 1.08% | -0.28% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 1.26% | +0.11 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.67% | -0.91 | 11.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄██ | Net Interest Margin (%) | 2.77% | 2.80% | 2.97% | 3.03% | 3.09% | 3.17% | 3.73% | 3.64% |
| ▁▁▄▅▅▆██ | Return on Assets (%) | 0.58% | 0.67% | 0.89% | 0.97% | 0.98% | 1.06% | 1.31% | 1.30% |
| ██▇▆▆▅▁▁ | Efficiency Ratio (%) | 65.0% | 64.4% | 60.8% | 59.1% | 59.3% | 57.3% | 47.6% | 49.7% |
| █▇▆▅▅▁▃▃ | Cost of Funds (%) | 1.97% | 1.90% | 1.86% | 1.85% | 1.83% | 1.65% | 1.74% | 1.77% |
| ▁▁▂▄▁▂▆█ | NPA / Assets (%) | 0.50% | 0.51% | 0.67% | 0.78% | 0.49% | 0.59% | 0.98% | 1.24% |
| ▅▅▆█▁▂▆█ | Net Charge-Off Ratio (%) | 0.75% | 0.75% | 0.97% | 1.15% | 0.15% | 0.37% | 0.90% | 1.26% |
| ▁▁▂▂▃▇▇█ | Tang. Book Value ($M) | $147 | $143 | $151 | $157 | $163 | $191 | $194 | $202 |
| ▁▁▂▂▂▇██ | Gross Loans ($M) | $1,278 | $1,331 | $1,359 | $1,380 | $1,403 | $1,807 | $1,886 | $1,909 |
| ▁▁▁▂▂███ | Total Deposits ($M) | $1,648 | $1,703 | $1,710 | $1,728 | $1,737 | $2,126 | $2,153 | $2,132 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 14% |
| Agricultural | 22% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |