Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.14 | 0.84% |
| Return on Equity (%) | ▲ | 8.83% | +0.62 | 8.21% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.43 | 3.21% |
| Efficiency Ratio (%) | ▲ | 66.99% | -6.47 | 73.46% |
| Pre-Provision Profit ($M) | ▲ | $9 | +1.94 | $7 |
| Cost of Funds (%) | ▲ | 1.95% | -0.27 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,671 | +60.18 | $2,611 |
| Gross Loans ($M) | ▲ | $2,253 | +37.27 | $2,216 |
| Loan Growth YoY (%) | ▲ | 98.18% | +2.46 | 95.72% |
| Total Deposits ($M) | ▼ | $2,274 | -20.37 | $2,294 |
| Shareholders Equity ($M) | ▲ | $306 | +30.40 | $276 |
| Tang. Book Value ($M) | ▲ | $305 | +30.52 | $275 |
| TBV excl. AOCI ($M)** | ▲ | $317 | +30.08 | $287 |
| Loan / Deposit Ratio (%) | ▲ | 98.18% | +2.46 | 95.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.03 | 0.38% |
| Allowance / Loans (%) | — | 0.90% | 0.02% | 0.88% |
| Net Charge-Off Ratio (%) | ▲ | 0.40% | -0.04 | 0.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.01% | +0.77 | 13.24% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.67% | 2.79% | 3.13% | 3.21% | 3.30% | 3.38% | 3.57% | 3.64% |
| ▁▂▃▆▆▇▇█ | Return on Assets (%) | 0.45% | 0.57% | 0.64% | 0.84% | 0.85% | 0.89% | 0.87% | 0.99% |
| █▇▅▃▂▂▁▁ | Efficiency Ratio (%) | 85.1% | 81.4% | 77.7% | 73.5% | 71.4% | 71.1% | 68.2% | 67.0% |
| █▆▃▄▃▂▁▁ | Cost of Funds (%) | 2.57% | 2.37% | 2.18% | 2.22% | 2.18% | 2.04% | 1.98% | 1.95% |
| ▁▁▂▆█▅▄▅ | NPA / Assets (%) | 0.27% | 0.25% | 0.29% | 0.38% | 0.45% | 0.35% | 0.35% | 0.36% |
| ▁▁▂▅█▅▄▄ | Net Charge-Off Ratio (%) | 0.32% | 0.30% | 0.33% | 0.44% | 0.53% | 0.42% | 0.41% | 0.40% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $256 | $258 | $266 | $275 | $284 | $292 | $298 | $305 |
| ▁▁▂▅▆▂▂█ | Gross Loans ($M) | $2,161 | $2,156 | $2,179 | $2,216 | $2,225 | $2,170 | $2,180 | $2,253 |
| ▁█▂▇▇█▆▆ | Total Deposits ($M) | $2,116 | $2,305 | $2,163 | $2,294 | $2,288 | $2,328 | $2,258 | $2,274 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 13% |
| Agricultural | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 24% |