Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.17 | 1.13% |
| Return on Equity (%) | ▲ | 14.51% | +1.70 | 12.81% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.19 | 4.05% |
| Efficiency Ratio (%) | ▲ | 63.25% | -4.09 | 67.34% |
| Pre-Provision Profit ($M) | ▲ | $10 | +2.53 | $7 |
| Cost of Funds (%) | ▲ | 1.70% | -0.18 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,000 | +198.90 | $1,802 |
| Gross Loans ($M) | ▲ | $1,720 | +203.92 | $1,516 |
| Loan Growth YoY (%) | ▲ | 99.85% | +2.66 | 97.19% |
| Total Deposits ($M) | ▲ | $1,705 | +161.43 | $1,544 |
| Shareholders Equity ($M) | ▲ | $180 | +22.44 | $158 |
| Tang. Book Value ($M) | ▲ | $170 | +23.01 | $147 |
| TBV excl. AOCI ($M)** | ▲ | $175 | +23.55 | $152 |
| Loan / Deposit Ratio (%) | ▲ | 99.85% | +2.66 | 97.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.23% | -0.29 | 1.52% |
| Allowance / Loans (%) | — | 1.02% | -0.03% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 1.43% | -0.32 | 1.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.72% | -0.01 | 10.72% |
Noninterest income ($6.52M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▆█ | Net Interest Margin (%) | 3.91% | 3.95% | 4.02% | 4.05% | 4.09% | 4.14% | 4.12% | 4.24% |
| ▁▁▃▃▄▆▇█ | Return on Assets (%) | 1.05% | 1.07% | 1.13% | 1.13% | 1.17% | 1.21% | 1.25% | 1.30% |
| █▇▆▇▆▄▁▁ | Efficiency Ratio (%) | 68.3% | 67.5% | 66.9% | 67.3% | 66.7% | 65.3% | 63.6% | 63.3% |
| ██▃▅█▆▁▁ | Cost of Funds (%) | 2.01% | 2.01% | 1.79% | 1.88% | 2.01% | 1.90% | 1.74% | 1.70% |
| ▁▄▅█▆▃▄▁ | NPA / Assets (%) | 1.26% | 1.36% | 1.39% | 1.52% | 1.42% | 1.31% | 1.36% | 1.23% |
| ▂▄▅█▆▄▄▁ | Net Charge-Off Ratio (%) | 1.49% | 1.57% | 1.60% | 1.75% | 1.67% | 1.56% | 1.57% | 1.43% |
| ▁▁▃▃▅▆▇█ | Tang. Book Value ($M) | $135 | $139 | $144 | $147 | $154 | $159 | $164 | $170 |
| ▁▂▃▃▄▄▆█ | Gross Loans ($M) | $1,415 | $1,460 | $1,507 | $1,516 | $1,535 | $1,548 | $1,638 | $1,720 |
| ▁▁▁▃▅▇██ | Total Deposits ($M) | $1,478 | $1,477 | $1,464 | $1,544 | $1,612 | $1,649 | $1,681 | $1,705 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 19% |
| Agricultural | 5% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 12% |