Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.13% | -0.20 | 2.33% |
| Return on Equity (%) | ▼ | 14.53% | -2.51 | 17.04% |
| Net Interest Margin (%) | ▲ | 4.67% | +0.05 | 4.62% |
| Efficiency Ratio (%) | ▼ | 33.37% | +1.38 | 31.98% |
| Pre-Provision Profit ($M) | ▲ | $18 | +0.52 | $17 |
| Cost of Funds (%) | ▲ | 1.43% | -0.20 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,345 | +160.01 | $2,185 |
| Gross Loans ($M) | ▲ | $1,768 | +234.16 | $1,533 |
| Loan Growth YoY (%) | ▲ | 89.97% | +6.57 | 83.40% |
| Total Deposits ($M) | ▲ | $1,933 | +125.01 | $1,808 |
| Shareholders Equity ($M) | ▲ | $346 | +33.42 | $313 |
| Tang. Book Value ($M) | ▲ | $346 | +33.42 | $313 |
| TBV excl. AOCI ($M)** | ▲ | $365 | +32.46 | $332 |
| Loan / Deposit Ratio (%) | ▲ | 89.97% | +6.57 | 83.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.02% | +0.80 | 0.22% |
| Allowance / Loans (%) | — | 1.59% | -0.05% | 1.65% |
| Net Charge-Off Ratio (%) | ▼ | 1.35% | +1.04 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 19.09% | -0.79 | 19.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▁▆▇█▇█ | Net Interest Margin (%) | 4.60% | 4.61% | 4.46% | 4.62% | 4.64% | 4.68% | 4.64% | 4.67% |
| ▆▁▇██▁▄▁ | Return on Assets (%) | 2.29% | 2.15% | 2.31% | 2.33% | 2.36% | 2.13% | 2.22% | 2.13% |
| ▃█▁▂▂█▃▄ | Efficiency Ratio (%) | 32.7% | 36.1% | 30.9% | 32.0% | 31.7% | 36.3% | 32.6% | 33.4% |
| █▆▃▅▄▃▁▁ | Cost of Funds (%) | 1.81% | 1.67% | 1.52% | 1.63% | 1.57% | 1.50% | 1.39% | 1.43% |
| ▁▆▁▁▁▃▄█ | NPA / Assets (%) | 0.27% | 0.71% | 0.18% | 0.22% | 0.17% | 0.42% | 0.55% | 1.02% |
| ▂▆▁▁▁▃▄█ | Net Charge-Off Ratio (%) | 0.41% | 1.07% | 0.28% | 0.31% | 0.25% | 0.58% | 0.74% | 1.35% |
| ▂▁▃▄▇▅▇█ | Tang. Book Value ($M) | $296 | $285 | $301 | $313 | $331 | $323 | $336 | $346 |
| ▁▁▁▃▄▆▇█ | Gross Loans ($M) | $1,397 | $1,437 | $1,424 | $1,533 | $1,557 | $1,642 | $1,687 | $1,768 |
| ▁▃▅▃▇▇▇█ | Total Deposits ($M) | $1,757 | $1,814 | $1,854 | $1,808 | $1,900 | $1,909 | $1,905 | $1,933 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 14% |
| Agricultural | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 15% |