Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.17 | 1.14% |
| Return on Equity (%) | ▲ | 15.67% | +0.64 | 15.03% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.35 | 3.36% |
| Efficiency Ratio (%) | ▲ | 62.15% | -3.81 | 65.95% |
| Pre-Provision Profit ($M) | ▲ | $9 | +3.30 | $6 |
| Cost of Funds (%) | ▲ | 1.95% | -0.13 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,349 | +122.28 | $2,226 |
| Gross Loans ($M) | ▲ | $1,797 | +118.68 | $1,678 |
| Loan Growth YoY (%) | ▼ | 89.91% | -1.38 | 91.30% |
| Total Deposits ($M) | ▲ | $1,971 | +157.99 | $1,813 |
| Shareholders Equity ($M) | ▲ | $203 | +28.91 | $174 |
| Tang. Book Value ($M) | ▲ | $192 | +30.22 | $162 |
| TBV excl. AOCI ($M)** | ▲ | $213 | +32.41 | $181 |
| Loan / Deposit Ratio (%) | ▼ | 89.91% | -1.38 | 91.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.10% | -0.15 | 1.25% |
| Allowance / Loans (%) | — | 1.35% | 0.01% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 1.38% | -0.28 | 1.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.87% | +0.24 | 10.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▄▅▅▇█ | Net Interest Margin (%) | 3.04% | 3.04% | 3.40% | 3.36% | 3.38% | 3.42% | 3.59% | 3.71% |
| ▂▁▆▃▄▅▇█ | Return on Assets (%) | 1.10% | 1.06% | 1.23% | 1.14% | 1.16% | 1.19% | 1.24% | 1.30% |
| ▆█▂▇▄▃▃▁ | Efficiency Ratio (%) | 65.3% | 66.7% | 63.3% | 66.0% | 64.3% | 63.7% | 63.3% | 62.1% |
| █▆▃▃▂▂▁▁ | Cost of Funds (%) | 2.51% | 2.33% | 2.12% | 2.08% | 2.06% | 2.04% | 1.93% | 1.95% |
| ▁▇██▇▇█▇ | NPA / Assets (%) | 0.21% | 1.12% | 1.19% | 1.25% | 1.01% | 1.02% | 1.21% | 1.10% |
| ▁▇██▇▇█▇ | Net Charge-Off Ratio (%) | 0.28% | 1.35% | 1.50% | 1.66% | 1.39% | 1.37% | 1.58% | 1.38% |
| ▁▁▁▂▄▇▆█ | Tang. Book Value ($M) | $161 | $157 | $161 | $162 | $174 | $183 | $181 | $192 |
| ▁▃▂▄▇███ | Gross Loans ($M) | $1,593 | $1,649 | $1,637 | $1,678 | $1,754 | $1,788 | $1,802 | $1,797 |
| ▁▁▂▂██▇▇ | Total Deposits ($M) | $1,759 | $1,751 | $1,802 | $1,813 | $2,028 | $2,030 | $1,968 | $1,971 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 10% |
| Agricultural | 10% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 14% |