Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.93% | +0.35 | 1.58% |
| Return on Equity (%) | ▲ | 16.08% | +1.82 | 14.26% |
| Net Interest Margin (%) | ▲ | 4.58% | +0.54 | 4.04% |
| Efficiency Ratio (%) | ▲ | 41.70% | -3.44 | 45.14% |
| Pre-Provision Profit ($M) | ▲ | $9 | +1.72 | $8 |
| Cost of Funds (%) | ▲ | 1.73% | -0.13 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,389 | +53.03 | $1,336 |
| Gross Loans ($M) | ▲ | $1,108 | +113.51 | $994 |
| Loan Growth YoY (%) | ▲ | 91.14% | +8.14 | 83.00% |
| Total Deposits ($M) | ▲ | $1,199 | +16.89 | $1,182 |
| Shareholders Equity ($M) | ▲ | $169 | +24.85 | $144 |
| Tang. Book Value ($M) | ▲ | $167 | +24.85 | $142 |
| TBV excl. AOCI ($M)** | ▲ | $178 | +23.99 | $154 |
| Loan / Deposit Ratio (%) | ▲ | 91.14% | +8.14 | 83.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.27 | 0.10% |
| Allowance / Loans (%) | — | 1.35% | 0.04% | 1.31% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.34 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.16% | +0.26 | 14.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.65% | 3.71% | 3.92% | 4.04% | 4.15% | 4.24% | 4.49% | 4.58% |
| ▁▁▃▃▃▃██ | Return on Assets (%) | 1.41% | 1.43% | 1.57% | 1.58% | 1.59% | 1.57% | 1.94% | 1.93% |
| ██▅▅▃▄▁▁ | Efficiency Ratio (%) | 48.7% | 49.0% | 45.2% | 45.1% | 43.9% | 44.5% | 41.0% | 41.7% |
| ██▃▃▅▃▁▁ | Cost of Funds (%) | 2.09% | 2.07% | 1.85% | 1.86% | 1.93% | 1.83% | 1.74% | 1.73% |
| ▁▁▂▁▄▄█▅ | NPA / Assets (%) | 0.09% | 0.10% | 0.16% | 0.10% | 0.31% | 0.31% | 0.55% | 0.37% |
| ▁▁▂▁▄▄█▅ | Net Charge-Off Ratio (%) | 0.12% | 0.13% | 0.21% | 0.12% | 0.38% | 0.38% | 0.71% | 0.46% |
| ▁▁▁▁▅▆▇█ | Tang. Book Value ($M) | $141 | $138 | $141 | $142 | $154 | $159 | $161 | $167 |
| ▁▁▂▄▆▅▆█ | Gross Loans ($M) | $936 | $918 | $947 | $994 | $1,051 | $1,036 | $1,050 | $1,108 |
| ▁▁▄▇▅▆██ | Total Deposits ($M) | $1,093 | $1,087 | $1,129 | $1,182 | $1,157 | $1,166 | $1,191 | $1,199 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 6% |
| Agricultural | 19% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |