Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.38% | +0.01 | 1.37% |
| Return on Equity (%) | ▼ | 10.17% | -0.56 | 10.73% |
| Net Interest Margin (%) | ▲ | 4.41% | +0.21 | 4.21% |
| Efficiency Ratio (%) | ▲ | 58.79% | -0.39 | 59.17% |
| Pre-Provision Profit ($M) | ▲ | $16 | +1.50 | $15 |
| Cost of Funds (%) | ▲ | 1.40% | -0.26 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,603 | +121.43 | $3,482 |
| Gross Loans ($M) | ▲ | $2,780 | +14.61 | $2,766 |
| Loan Growth YoY (%) | ▼ | 89.21% | -4.57 | 93.78% |
| Total Deposits ($M) | ▲ | $3,079 | +165.07 | $2,914 |
| Shareholders Equity ($M) | ▲ | $488 | +38.69 | $450 |
| Tang. Book Value ($M) | ▲ | $405 | +39.68 | $365 |
| TBV excl. AOCI ($M)** | ▲ | $425 | +40.41 | $385 |
| Loan / Deposit Ratio (%) | ▼ | 89.21% | -4.57 | 93.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.09% | +0.36 | 0.73% |
| Allowance / Loans (%) | — | 1.22% | 0.01% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.11 | 0.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.41% | +0.96 | 13.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 3.93% | 3.98% | 4.12% | 4.21% | 4.26% | 4.28% | 4.36% | 4.41% |
| ▁▁▇▇██▇▇ | Return on Assets (%) | 1.15% | 1.16% | 1.35% | 1.37% | 1.42% | 1.41% | 1.38% | 1.38% |
| ██▁▃▂▂▁▂ | Efficiency Ratio (%) | 62.4% | 61.9% | 57.8% | 59.2% | 58.5% | 58.5% | 57.9% | 58.8% |
| █▇▅▅▄▄▁▁ | Cost of Funds (%) | 1.88% | 1.79% | 1.68% | 1.66% | 1.64% | 1.59% | 1.40% | 1.40% |
| ▁▁▂▄▆▇██ | NPA / Assets (%) | 0.53% | 0.45% | 0.62% | 0.73% | 0.89% | 1.04% | 1.12% | 1.09% |
| ▂▁▂▄▆██▅ | Net Charge-Off Ratio (%) | 0.68% | 0.50% | 0.69% | 0.84% | 1.09% | 1.24% | 1.31% | 0.95% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $351 | $351 | $360 | $365 | $382 | $388 | $401 | $405 |
| ▁▄▆▇▃▆▅█ | Gross Loans ($M) | $2,669 | $2,719 | $2,749 | $2,766 | $2,708 | $2,746 | $2,730 | $2,780 |
| ▁▁▂▄▆▆▇█ | Total Deposits ($M) | $2,785 | $2,788 | $2,835 | $2,914 | $2,980 | $2,981 | $3,033 | $3,079 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 13% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 9% |