Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.18 | 0.72% |
| Return on Equity (%) | ▲ | 6.80% | +1.33 | 5.47% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.01 | 3.63% |
| Efficiency Ratio (%) | ▲ | 70.64% | -7.28 | 77.92% |
| Pre-Provision Profit ($M) | ▲ | $9 | +3.09 | $6 |
| Cost of Funds (%) | ▲ | 1.63% | -0.10 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,013 | +250.20 | $2,763 |
| Gross Loans ($M) | ▲ | $1,979 | +163.01 | $1,816 |
| Loan Growth YoY (%) | ▼ | 83.81% | -0.81 | 84.62% |
| Total Deposits ($M) | ▲ | $2,337 | +212.46 | $2,124 |
| Shareholders Equity ($M) | ▲ | $375 | +7.03 | $368 |
| Tang. Book Value ($M) | ▲ | $318 | +7.99 | $310 |
| TBV excl. AOCI ($M)** | ▲ | $346 | +7.19 | $339 |
| Loan / Deposit Ratio (%) | ▼ | 83.81% | -0.81 | 84.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.06% | +0.39 | 0.66% |
| Allowance / Loans (%) | — | 1.05% | 0.02% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 1.42% | +0.44 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -18.45 | 18.45% |
Noninterest income ($5.39M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▆██▇▆ | Net Interest Margin (%) | 3.46% | 3.54% | 3.56% | 3.63% | 3.68% | 3.71% | 3.67% | 3.64% |
| ▅▄▂▁▄▅▅█ | Return on Assets (%) | 0.81% | 0.80% | 0.74% | 0.72% | 0.79% | 0.81% | 0.82% | 0.89% |
| ▅▅██▆▃▃▁ | Efficiency Ratio (%) | 74.5% | 74.7% | 77.8% | 77.9% | 75.6% | 73.2% | 73.3% | 70.6% |
| ██▅▄▇▆▁▂ | Cost of Funds (%) | 1.87% | 1.85% | 1.73% | 1.73% | 1.83% | 1.79% | 1.60% | 1.63% |
| ▂▁▁▃▄▇▇█ | NPA / Assets (%) | 0.59% | 0.52% | 0.58% | 0.66% | 0.72% | 0.98% | 0.96% | 1.06% |
| ▂▁▂▃▅███ | Net Charge-Off Ratio (%) | 0.85% | 0.74% | 0.90% | 0.98% | 1.08% | 1.39% | 1.34% | 1.42% |
| ▁▁▂▃▆█▃▆ | Tang. Book Value ($M) | $301 | $298 | $306 | $310 | $321 | $329 | $309 | $318 |
| ▁▁▁▃▄▄▄█ | Gross Loans ($M) | $1,728 | $1,752 | $1,741 | $1,816 | $1,824 | $1,848 | $1,851 | $1,979 |
| ▁▂▂▂▁▁▃█ | Total Deposits ($M) | $2,101 | $2,142 | $2,133 | $2,124 | $2,092 | $2,118 | $2,175 | $2,337 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 11% |