Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.05 | 0.67% |
| Return on Equity (%) | ▼ | 8.11% | -0.23 | 8.34% |
| Net Interest Margin (%) | ▲ | 3.19% | +0.30 | 2.89% |
| Efficiency Ratio (%) | ▼ | 69.12% | +1.84 | 67.27% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.35 | $4 |
| Cost of Funds (%) | ▲ | 2.56% | -0.28 | 2.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,547 | +42.64 | $1,504 |
| Gross Loans ($M) | ▲ | $1,225 | +39.65 | $1,185 |
| Loan Growth YoY (%) | ▼ | 104.82% | -1.49 | 106.31% |
| Total Deposits ($M) | ▲ | $1,152 | +52.68 | $1,100 |
| Shareholders Equity ($M) | ▲ | $136 | +13.18 | $123 |
| Tang. Book Value ($M) | ▲ | $135 | +13.23 | $121 |
| TBV excl. AOCI ($M)** | ▲ | $147 | +13.07 | $134 |
| Loan / Deposit Ratio (%) | ▼ | 104.82% | -1.49 | 106.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.41% | +0.87 | 0.54% |
| Allowance / Loans (%) | — | 1.39% | 0.02% | 1.37% |
| Net Charge-Off Ratio (%) | ▼ | 1.78% | +1.10 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.99% | -0.00 | 12.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▇█ | Net Interest Margin (%) | 2.69% | 2.70% | 2.81% | 2.89% | 2.95% | 3.00% | 3.13% | 3.19% |
| ▃▄▁▃▆█▆▅ | Return on Assets (%) | 0.67% | 0.70% | 0.58% | 0.67% | 0.77% | 0.83% | 0.77% | 0.72% |
| ██▇▄▂▁▃▆ | Efficiency Ratio (%) | 71.5% | 70.8% | 70.2% | 67.3% | 65.7% | 64.5% | 66.9% | 69.1% |
| ██▆▆▅▄▁▁ | Cost of Funds (%) | 2.94% | 2.91% | 2.82% | 2.84% | 2.79% | 2.75% | 2.59% | 2.56% |
| ▁▁▁▁▃▆▆█ | NPA / Assets (%) | 0.45% | 0.45% | 0.46% | 0.54% | 0.71% | 1.15% | 1.17% | 1.41% |
| ▁▁▁▁▃▆▆█ | Net Charge-Off Ratio (%) | 0.58% | 0.58% | 0.59% | 0.68% | 0.90% | 1.46% | 1.48% | 1.78% |
| ▃▁▁▂▆█▇█ | Tang. Book Value ($M) | $124 | $118 | $119 | $121 | $128 | $134 | $132 | $135 |
| ▁▃▅▄▅▅▄█ | Gross Loans ($M) | $1,158 | $1,176 | $1,193 | $1,185 | $1,197 | $1,193 | $1,191 | $1,225 |
| ▁▁▂▁▄▄▂█ | Total Deposits ($M) | $1,098 | $1,102 | $1,110 | $1,100 | $1,123 | $1,120 | $1,112 | $1,152 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 29% |