Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.95% | +0.28 | 1.67% |
| Return on Equity (%) | ▲ | 15.22% | +1.47 | 13.75% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.33 | 3.05% |
| Efficiency Ratio (%) | ▲ | 38.79% | -0.91 | 39.70% |
| Pre-Provision Profit ($M) | ▲ | $14 | +1.54 | $13 |
| Cost of Funds (%) | ▲ | 2.77% | -0.21 | 2.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,597 | -44.19 | $2,641 |
| Gross Loans ($M) | ▲ | $2,050 | +13.42 | $2,036 |
| Loan Growth YoY (%) | ▲ | 92.75% | +3.08 | 89.66% |
| Total Deposits ($M) | ▼ | $2,168 | -61.15 | $2,229 |
| Shareholders Equity ($M) | ▲ | $342 | +30.33 | $312 |
| Tang. Book Value ($M) | ▲ | $342 | +30.33 | $312 |
| TBV excl. AOCI ($M)** | ▲ | $364 | +30.97 | $333 |
| Loan / Deposit Ratio (%) | ▲ | 92.75% | +3.08 | 89.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.22% | +1.19 | 1.03% |
| Allowance / Loans (%) | — | 1.92% | 0.06% | 1.86% |
| Net Charge-Off Ratio (%) | ▼ | 2.49% | +1.33 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▅▄▅██ | Net Interest Margin (%) | 2.69% | 2.94% | 3.00% | 3.05% | 3.01% | 3.09% | 3.31% | 3.38% |
| ▁▃▆▅▅▆██ | Return on Assets (%) | 1.25% | 1.48% | 1.72% | 1.67% | 1.61% | 1.69% | 1.87% | 1.95% |
| █▅▂▁▃▁▁▁ | Efficiency Ratio (%) | 49.2% | 44.3% | 40.4% | 39.7% | 41.5% | 39.4% | 39.4% | 38.8% |
| █▅▁▆▆▂▁▁ | Cost of Funds (%) | 3.10% | 2.95% | 2.75% | 2.98% | 2.97% | 2.81% | 2.74% | 2.77% |
| ▃▁▁▁████ | NPA / Assets (%) | 1.37% | 0.91% | 0.91% | 1.03% | 2.07% | 2.08% | 2.08% | 2.22% |
| ▄▁▂▃█▇██ | Net Charge-Off Ratio (%) | 1.46% | 0.61% | 1.03% | 1.17% | 2.55% | 2.26% | 2.39% | 2.49% |
| ▄▆▁▂▄▅▇█ | Tang. Book Value ($M) | $320 | $329 | $303 | $312 | $319 | $327 | $333 | $342 |
| ▁▃▆▆██▅▇ | Gross Loans ($M) | $1,983 | $2,010 | $2,039 | $2,036 | $2,052 | $2,061 | $2,024 | $2,050 |
| ▁▁█▇█▇▅▅ | Total Deposits ($M) | $2,028 | $2,044 | $2,234 | $2,229 | $2,262 | $2,217 | $2,157 | $2,168 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Other | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 16% |