Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.11 | 0.75% |
| Return on Equity (%) | ▲ | 7.28% | +0.48 | 6.80% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.31 | 4.01% |
| Efficiency Ratio (%) | ▲ | 73.97% | -0.74 | 74.72% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.01 | $6 |
| Cost of Funds (%) | ▲ | 1.29% | -0.28 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,123 | -11.89 | $2,135 |
| Gross Loans ($M) | ▼ | $1,574 | -9.00 | $1,583 |
| Loan Growth YoY (%) | ▼ | 86.17% | -3.19 | 89.36% |
| Total Deposits ($M) | ▲ | $1,806 | +54.50 | $1,752 |
| Shareholders Equity ($M) | ▲ | $249 | +13.72 | $235 |
| Tang. Book Value ($M) | ▲ | $197 | +14.77 | $182 |
| TBV excl. AOCI ($M)** | ▲ | $211 | +14.81 | $197 |
| Loan / Deposit Ratio (%) | ▼ | 86.17% | -3.19 | 89.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.04 | 0.24% |
| Allowance / Loans (%) | — | 1.12% | 0.00% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.06 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.10% | +0.69 | 12.41% |
Noninterest income ($4.74M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 3.59% | 3.66% | 3.91% | 4.01% | 4.10% | 4.18% | 4.30% | 4.32% |
| ▁▂▆▅▆▇██ | Return on Assets (%) | 0.53% | 0.59% | 0.75% | 0.75% | 0.77% | 0.83% | 0.88% | 0.85% |
| █▇▄▂▂▁▁▁ | Efficiency Ratio (%) | 80.8% | 79.8% | 76.1% | 74.7% | 74.4% | 73.5% | 73.1% | 74.0% |
| █▆▅▄▄▂▁▁ | Cost of Funds (%) | 1.93% | 1.77% | 1.64% | 1.57% | 1.58% | 1.41% | 1.32% | 1.29% |
| ▄▁▇▆▂██▂ | NPA / Assets (%) | 0.22% | 0.18% | 0.26% | 0.24% | 0.20% | 0.27% | 0.27% | 0.20% |
| ▅▁▇▅▁██▁ | Net Charge-Off Ratio (%) | 0.31% | 0.25% | 0.35% | 0.32% | 0.26% | 0.37% | 0.36% | 0.26% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $176 | $174 | $178 | $182 | $188 | $193 | $193 | $197 |
| ▄▂▁█▆▁▁▇ | Gross Loans ($M) | $1,548 | $1,534 | $1,530 | $1,583 | $1,568 | $1,526 | $1,529 | $1,574 |
| ▁▃▃▅▆███ | Total Deposits ($M) | $1,662 | $1,701 | $1,702 | $1,752 | $1,769 | $1,807 | $1,803 | $1,806 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 10% |
| Agricultural | 9% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |