Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.08 | 1.01% |
| Return on Equity (%) | ▲ | 13.71% | +1.04 | 12.67% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.26 | 3.65% |
| Efficiency Ratio (%) | ▲ | 65.12% | -0.02 | 65.15% |
| Pre-Provision Profit ($M) | ▲ | $9 | +1.24 | $8 |
| Cost of Funds (%) | ▲ | 1.37% | -0.09 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,280 | +122.52 | $2,158 |
| Gross Loans ($M) | ▲ | $1,402 | +131.58 | $1,271 |
| Loan Growth YoY (%) | ▲ | 67.64% | +2.47 | 65.17% |
| Total Deposits ($M) | ▲ | $2,052 | +120.54 | $1,932 |
| Shareholders Equity ($M) | ▼ | $180 | -1.04 | $181 |
| Tang. Book Value ($M) | ▼ | $176 | -0.85 | $177 |
| TBV excl. AOCI ($M)** | ▼ | $206 | -4.43 | $211 |
| Loan / Deposit Ratio (%) | ▲ | 67.64% | +2.47 | 65.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.06 | 0.42% |
| Allowance / Loans (%) | — | 1.00% | 0.08% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.59% | -0.12 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.36% | -1.24 | 13.59% |
Noninterest income ($4.84M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.29% | 3.34% | 3.50% | 3.65% | 3.71% | 3.73% | 3.83% | 3.91% |
| ▁▂▆▆▇▇██ | Return on Assets (%) | 0.81% | 0.84% | 0.99% | 1.01% | 1.06% | 1.05% | 1.06% | 1.09% |
| █▇▁▂▁▁▂▁ | Efficiency Ratio (%) | 70.8% | 69.8% | 65.1% | 65.1% | 64.3% | 65.0% | 65.8% | 65.1% |
| █▅▃▂▃▃▁▁ | Cost of Funds (%) | 1.90% | 1.62% | 1.48% | 1.47% | 1.51% | 1.47% | 1.33% | 1.37% |
| ▆██▅▁▄▁▄ | NPA / Assets (%) | 0.43% | 0.51% | 0.50% | 0.42% | 0.27% | 0.37% | 0.27% | 0.36% |
| ▆██▅▁▃▁▃ | Net Charge-Off Ratio (%) | 0.74% | 0.92% | 0.89% | 0.71% | 0.42% | 0.58% | 0.44% | 0.59% |
| ▂▁▃▆█▆▇▅ | Tang. Book Value ($M) | $165 | $161 | $170 | $177 | $186 | $178 | $181 | $176 |
| ▁▁▂▄▄▆▇█ | Gross Loans ($M) | $1,182 | $1,202 | $1,211 | $1,271 | $1,282 | $1,321 | $1,354 | $1,402 |
| ▁▄▅▃▃▅█▇ | Total Deposits ($M) | $1,839 | $1,959 | $1,982 | $1,932 | $1,925 | $1,980 | $2,111 | $2,052 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 5% |