Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.32 | 1.36% |
| Return on Equity (%) | ▲ | 17.18% | +2.41 | 14.77% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.45 | 3.50% |
| Efficiency Ratio (%) | ▲ | 58.47% | -5.89 | 64.35% |
| Pre-Provision Profit ($M) | ▲ | $10 | +2.32 | $8 |
| Cost of Funds (%) | ▲ | 1.30% | -0.21 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,345 | -32.30 | $2,377 |
| Gross Loans ($M) | ▲ | $1,342 | +79.91 | $1,262 |
| Loan Growth YoY (%) | ▲ | 64.30% | +4.79 | 59.50% |
| Total Deposits ($M) | ▼ | $2,059 | -34.41 | $2,094 |
| Shareholders Equity ($M) | ▲ | $228 | +6.73 | $221 |
| Tang. Book Value ($M) | ▲ | $211 | +6.85 | $204 |
| TBV excl. AOCI ($M)** | ▲ | $252 | +7.05 | $245 |
| Loan / Deposit Ratio (%) | ▲ | 64.30% | +4.79 | 59.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.05 | 0.05% |
| Allowance / Loans (%) | — | 1.31% | 0.05% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.17% | +0.07 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -14.53 | 14.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 3.15% | 3.21% | 3.46% | 3.50% | 3.61% | 3.71% | 3.87% | 3.95% |
| ▁▂▃▅▅▆██ | Return on Assets (%) | 1.03% | 1.11% | 1.19% | 1.36% | 1.41% | 1.47% | 1.61% | 1.68% |
| █▇▆▅▄▃▁▁ | Efficiency Ratio (%) | 68.4% | 66.5% | 65.9% | 64.4% | 63.2% | 61.1% | 59.0% | 58.5% |
| █▆▅▃▄▂▁▁ | Cost of Funds (%) | 1.86% | 1.69% | 1.59% | 1.51% | 1.52% | 1.39% | 1.32% | 1.30% |
| ▁▄▂▄█▆██ | NPA / Assets (%) | 0.02% | 0.05% | 0.04% | 0.05% | 0.09% | 0.07% | 0.09% | 0.10% |
| ▁▄▂▄█▆██ | Net Charge-Off Ratio (%) | 0.04% | 0.10% | 0.07% | 0.10% | 0.16% | 0.13% | 0.17% | 0.17% |
| ▁▁▂▄▆█▄▆ | Tang. Book Value ($M) | $193 | $189 | $198 | $204 | $215 | $224 | $204 | $211 |
| ▄▂▁▃█▅██ | Gross Loans ($M) | $1,269 | $1,241 | $1,224 | $1,262 | $1,334 | $1,297 | $1,338 | $1,342 |
| ▁▄▃█▃▆█▆ | Total Deposits ($M) | $1,990 | $2,033 | $2,026 | $2,094 | $2,024 | $2,057 | $2,096 | $2,059 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 6% |