Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.30 | 1.60% |
| Return on Equity (%) | ▲ | 19.71% | +2.82 | 16.89% |
| Net Interest Margin (%) | ▼ | 3.89% | -0.01 | 3.89% |
| Efficiency Ratio (%) | ▲ | 50.38% | -0.97 | 51.35% |
| Pre-Provision Profit ($M) | ▲ | $39 | +4.55 | $34 |
| Cost of Funds (%) | ▲ | 1.87% | -0.01 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,747 | +885.34 | $6,861 |
| Gross Loans ($M) | ▲ | $5,245 | +429.62 | $4,815 |
| Loan Growth YoY (%) | ▼ | 82.88% | -1.52 | 84.39% |
| Total Deposits ($M) | ▲ | $6,213 | +614.86 | $5,598 |
| Shareholders Equity ($M) | ▲ | $754 | +80.92 | $673 |
| Tang. Book Value ($M) | ▲ | $726 | +80.58 | $645 |
| TBV excl. AOCI ($M)** | ▲ | $827 | +102.32 | $724 |
| Loan / Deposit Ratio (%) | ▼ | 82.88% | -1.52 | 84.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.41% | -0.05 | 0.46% |
| Allowance / Loans (%) | — | 1.83% | -0.06% | 1.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.60% | -0.05 | 0.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.01% | +0.29 | 11.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆███▇█ | Net Interest Margin (%) | 3.32% | 3.44% | 3.78% | 3.89% | 3.93% | 3.95% | 3.82% | 3.89% |
| ▁▂▅▄▆▇██ | Return on Assets (%) | 1.38% | 1.52% | 1.68% | 1.60% | 1.76% | 1.87% | 1.94% | 1.91% |
| █▇▂▃▃▂▁▂ | Efficiency Ratio (%) | 57.2% | 55.4% | 50.4% | 51.3% | 51.0% | 49.9% | 48.9% | 50.4% |
| █▄▃▂▂▂▁▂ | Cost of Funds (%) | 2.16% | 1.98% | 1.92% | 1.88% | 1.86% | 1.88% | 1.81% | 1.87% |
| ▁▄█▇▇▇▆▆ | NPA / Assets (%) | 0.19% | 0.32% | 0.52% | 0.46% | 0.44% | 0.44% | 0.41% | 0.41% |
| ▁▄█▇▇▇▆▆ | Net Charge-Off Ratio (%) | 0.28% | 0.47% | 0.74% | 0.65% | 0.63% | 0.66% | 0.62% | 0.60% |
| ▁▁▂▄▅▇██ | Tang. Book Value ($M) | $597 | $592 | $625 | $645 | $675 | $704 | $714 | $726 |
| ▁▂▃▄▅▇▆█ | Gross Loans ($M) | $4,488 | $4,637 | $4,693 | $4,815 | $4,958 | $5,097 | $5,055 | $5,245 |
| ▁▃▃▂▄███ | Total Deposits ($M) | $5,363 | $5,647 | $5,629 | $5,598 | $5,836 | $6,229 | $6,322 | $6,213 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 10% |