Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.80% | +0.09 | 1.71% |
| Return on Equity (%) | ▼ | 14.54% | -0.24 | 14.78% |
| Net Interest Margin (%) | ▲ | 5.16% | +0.17 | 4.98% |
| Efficiency Ratio (%) | ▲ | 49.26% | -2.56 | 51.82% |
| Pre-Provision Profit ($M) | ▲ | $15 | +4.72 | $10 |
| Cost of Funds (%) | ▼ | 0.73% | +0.17 | 0.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,277 | +649.28 | $1,628 |
| Gross Loans ($M) | ▲ | $1,516 | +494.85 | $1,021 |
| Loan Growth YoY (%) | ▲ | 79.09% | +6.17 | 72.92% |
| Total Deposits ($M) | ▲ | $1,892 | +510.97 | $1,381 |
| Shareholders Equity ($M) | ▲ | $282 | +87.29 | $194 |
| Tang. Book Value ($M) | ▲ | $246 | +59.59 | $187 |
| TBV excl. AOCI ($M)** | ▲ | $270 | +60.90 | $209 |
| Loan / Deposit Ratio (%) | ▲ | 79.09% | +6.17 | 72.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.04% | +0.19 | 0.84% |
| Allowance / Loans (%) | — | 1.30% | -0.09% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 1.55% | +0.21 | 1.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -17.92 | 17.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▂▇█▇▆ | Net Interest Margin (%) | 4.90% | 4.96% | 5.02% | 4.98% | 5.17% | 5.25% | 5.16% | 5.16% |
| ▇██▆▁▅██ | Return on Assets (%) | 1.75% | 1.80% | 1.81% | 1.71% | 1.45% | 1.64% | 1.79% | 1.80% |
| ▁▂███▆█▇ | Efficiency Ratio (%) | 37.8% | 40.1% | 51.4% | 51.8% | 51.2% | 47.3% | 51.1% | 49.3% |
| ▆▂▁▃██▇▇ | Cost of Funds (%) | 0.68% | 0.53% | 0.47% | 0.57% | 0.76% | 0.79% | 0.73% | 0.73% |
| ▁▁▁▇▅▅▅█ | NPA / Assets (%) | 0.28% | 0.26% | 0.23% | 0.84% | 0.68% | 0.68% | 0.65% | 1.04% |
| ▁▁▁▇▅▅▄█ | Net Charge-Off Ratio (%) | 0.44% | 0.40% | 0.36% | 1.34% | 1.00% | 1.00% | 0.94% | 1.55% |
| ▁▁▁▂▆▇██ | Tang. Book Value ($M) | $178 | $173 | $182 | $187 | $221 | $236 | $241 | $246 |
| ▁▁▁▁████ | Gross Loans ($M) | $1,007 | $1,019 | $1,014 | $1,021 | $1,500 | $1,516 | $1,506 | $1,516 |
| ▁▁▁▁█▇▇█ | Total Deposits ($M) | $1,362 | $1,383 | $1,386 | $1,381 | $1,834 | $1,819 | $1,779 | $1,892 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 9% |