Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.65% | +0.18 | 1.46% |
| Return on Equity (%) | ▲ | 14.56% | +1.03 | 13.53% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.29 | 3.73% |
| Efficiency Ratio (%) | ▲ | 49.63% | -1.09 | 50.72% |
| Pre-Provision Profit ($M) | ▲ | $29 | +3.68 | $25 |
| Cost of Funds (%) | ▲ | 0.90% | -0.07 | 0.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,124 | +200.05 | $4,924 |
| Gross Loans ($M) | ▲ | $2,830 | +231.81 | $2,598 |
| Loan Growth YoY (%) | ▲ | 76.18% | +4.29 | 71.88% |
| Total Deposits ($M) | ▲ | $3,685 | +99.04 | $3,586 |
| Shareholders Equity ($M) | ▲ | $585 | +35.08 | $550 |
| Tang. Book Value ($M) | ▲ | $584 | +35.49 | $549 |
| TBV excl. AOCI ($M)** | ▲ | $676 | +33.85 | $642 |
| Loan / Deposit Ratio (%) | ▲ | 76.18% | +4.29 | 71.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.10 | 0.20% |
| Allowance / Loans (%) | — | 0.79% | 0.02% | 0.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.09 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.52% | -0.88 | 19.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▆▇██ | Net Interest Margin (%) | 3.11% | 3.24% | 3.68% | 3.73% | 3.78% | 3.88% | 3.97% | 4.02% |
| ▁▂▅▅▆▇██ | Return on Assets (%) | 1.16% | 1.26% | 1.43% | 1.46% | 1.53% | 1.54% | 1.66% | 1.65% |
| ██▁▃▁▁▁▁ | Efficiency Ratio (%) | 53.7% | 53.6% | 49.9% | 50.7% | 49.7% | 50.0% | 50.0% | 49.6% |
| ██▂▂▁▁▁▁ | Cost of Funds (%) | 1.53% | 1.49% | 0.98% | 0.96% | 0.93% | 0.93% | 0.86% | 0.90% |
| ▁▁▁▅▅▆██ | NPA / Assets (%) | 0.08% | 0.09% | 0.09% | 0.20% | 0.21% | 0.21% | 0.28% | 0.29% |
| ▁▁▁▆▇▇██ | Net Charge-Off Ratio (%) | 0.17% | 0.17% | 0.16% | 0.38% | 0.42% | 0.39% | 0.43% | 0.47% |
| ▂▁▃▄▆▇▇█ | Tang. Book Value ($M) | $526 | $515 | $534 | $549 | $566 | $568 | $575 | $584 |
| ▁▁▄▄▄▆██ | Gross Loans ($M) | $2,453 | $2,474 | $2,612 | $2,598 | $2,595 | $2,718 | $2,815 | $2,830 |
| ▆▄▁▁█▆▅▄ | Total Deposits ($M) | $3,728 | $3,679 | $3,580 | $3,586 | $3,808 | $3,735 | $3,710 | $3,685 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 47% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 4% |