Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.32 | 0.83% |
| Return on Equity (%) | ▲ | 10.26% | +1.86 | 8.40% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.73 | 3.50% |
| Efficiency Ratio (%) | ▲ | 59.02% | -4.09 | 63.11% |
| Pre-Provision Profit ($M) | ▲ | $14 | +1.18 | $12 |
| Cost of Funds (%) | ▲ | 1.55% | -0.35 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,941 | +17.19 | $2,924 |
| Gross Loans ($M) | ▲ | $2,354 | +141.49 | $2,212 |
| Loan Growth YoY (%) | ▲ | 90.29% | +5.86 | 84.43% |
| Total Deposits ($M) | ▼ | $2,570 | -10.71 | $2,581 |
| Shareholders Equity ($M) | ▲ | $338 | +31.68 | $307 |
| Tang. Book Value ($M) | ▲ | $296 | +32.02 | $264 |
| TBV excl. AOCI ($M)** | ▲ | $312 | +26.89 | $286 |
| Loan / Deposit Ratio (%) | ▲ | 90.29% | +5.86 | 84.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.67% | -0.09 | 0.76% |
| Allowance / Loans (%) | — | 1.40% | -0.10% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.56% | -0.45 | 1.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.08% | +0.30 | 11.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅██ | Net Interest Margin (%) | 3.00% | 3.06% | 3.29% | 3.50% | 3.63% | 3.74% | 4.10% | 4.23% |
| ▁▁▂▃▄▄█▇ | Return on Assets (%) | 0.66% | 0.69% | 0.74% | 0.83% | 0.93% | 0.92% | 1.25% | 1.14% |
| ██▆▄▃▃▁▁ | Efficiency Ratio (%) | 69.4% | 69.3% | 66.4% | 63.1% | 61.5% | 62.0% | 58.0% | 59.0% |
| █▅▅▄▃▂▁▁ | Cost of Funds (%) | 2.30% | 2.00% | 1.96% | 1.89% | 1.82% | 1.66% | 1.57% | 1.55% |
| ▁▃█▅▇▄▂▄ | NPA / Assets (%) | 0.47% | 0.64% | 0.97% | 0.76% | 0.89% | 0.66% | 0.58% | 0.67% |
| ▂▁▄▇█▄▃▄ | Net Charge-Off Ratio (%) | 0.28% | 0.14% | 0.59% | 1.00% | 1.23% | 0.62% | 0.46% | 0.56% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $251 | $252 | $258 | $264 | $275 | $284 | $288 | $296 |
| ▆█▅▄▁▃▆█ | Gross Loans ($M) | $2,290 | $2,326 | $2,260 | $2,212 | $2,119 | $2,182 | $2,278 | $2,354 |
| ▆█▆▁▁▃▁▁ | Total Deposits ($M) | $2,741 | $2,826 | $2,755 | $2,581 | $2,577 | $2,645 | $2,599 | $2,570 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 11% |
| Agricultural | 16% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 13% |