Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.04 | 0.87% |
| Return on Equity (%) | ▼ | 13.79% | -0.74 | 14.53% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.28 | 3.07% |
| Efficiency Ratio (%) | ▼ | 65.33% | +2.10 | 63.23% |
| Pre-Provision Profit ($M) | ▼ | $11 | -2.75 | $14 |
| Cost of Funds (%) | ▲ | 2.06% | -0.30 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,359 | +148.67 | $3,210 |
| Gross Loans ($M) | ▲ | $2,659 | +159.84 | $2,499 |
| Loan Growth YoY (%) | ▲ | 87.38% | +2.78 | 84.60% |
| Total Deposits ($M) | ▲ | $3,014 | +87.65 | $2,926 |
| Shareholders Equity ($M) | ▲ | $226 | +32.11 | $194 |
| Tang. Book Value ($M) | ▲ | $216 | +32.29 | $184 |
| TBV excl. AOCI ($M)** | ▲ | $243 | +33.16 | $210 |
| Loan / Deposit Ratio (%) | ▲ | 87.38% | +2.78 | 84.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.00 | 0.29% |
| Allowance / Loans (%) | — | 0.95% | 0.01% | 0.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -0.00 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.85% | -0.09 | 9.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇██ | Net Interest Margin (%) | 2.40% | 2.50% | 2.89% | 3.07% | 3.10% | 3.16% | 3.33% | 3.35% |
| ▁▂▄██▇██ | Return on Assets (%) | 0.16% | 0.28% | 0.49% | 0.87% | 0.82% | 0.81% | 0.84% | 0.91% |
| █▇▅▁▁▂▂▁ | Efficiency Ratio (%) | 85.9% | 81.2% | 76.4% | 63.2% | 65.9% | 67.0% | 67.3% | 65.3% |
| █▇▄▄▄▃▂▁ | Cost of Funds (%) | 2.70% | 2.56% | 2.34% | 2.35% | 2.35% | 2.27% | 2.15% | 2.06% |
| ▃▁▃█▇▆▆█ | NPA / Assets (%) | 0.25% | 0.24% | 0.26% | 0.29% | 0.28% | 0.27% | 0.27% | 0.29% |
| ▃▁▃█▇▆▆█ | Net Charge-Off Ratio (%) | 0.33% | 0.31% | 0.33% | 0.37% | 0.36% | 0.35% | 0.35% | 0.37% |
| ▁▁▁▂▄▇▆█ | Tang. Book Value ($M) | $181 | $177 | $178 | $184 | $195 | $207 | $204 | $216 |
| ▁▁▃▄▄▆▅█ | Gross Loans ($M) | $2,395 | $2,419 | $2,462 | $2,499 | $2,523 | $2,568 | $2,549 | $2,659 |
| ▁▁▄▅▆▇██ | Total Deposits ($M) | $2,814 | $2,837 | $2,892 | $2,926 | $2,955 | $2,979 | $3,006 | $3,014 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 20% |
| Agricultural | 2% |
| Consumer | 31% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 22% |