Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.08% | +0.37 | 1.71% |
| Return on Equity (%) | ▲ | 13.87% | +1.77 | 12.10% |
| Net Interest Margin (%) | ▲ | 5.25% | +0.41 | 4.84% |
| Efficiency Ratio (%) | ▲ | 51.33% | -5.14 | 56.46% |
| Pre-Provision Profit ($M) | ▲ | $23 | +4.33 | $19 |
| Cost of Funds (%) | ▲ | 1.12% | -0.21 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,331 | +204.03 | $3,127 |
| Gross Loans ($M) | ▲ | $2,499 | +16.86 | $2,483 |
| Loan Growth YoY (%) | ▼ | 88.01% | -4.24 | 92.25% |
| Total Deposits ($M) | ▲ | $2,798 | +144.22 | $2,654 |
| Shareholders Equity ($M) | ▲ | $504 | +58.97 | $445 |
| Tang. Book Value ($M) | ▲ | $491 | +59.02 | $432 |
| TBV excl. AOCI ($M)** | ▲ | $514 | +68.90 | $445 |
| Loan / Deposit Ratio (%) | ▼ | 88.01% | -4.24 | 92.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.51% | +0.02 | 0.48% |
| Allowance / Loans (%) | — | 1.46% | 0.09% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.12 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆▇█ | Net Interest Margin (%) | 4.41% | 4.50% | 4.66% | 4.84% | 4.91% | 4.98% | 5.10% | 5.25% |
| ▁▂▁▃▄▆██ | Return on Assets (%) | 1.57% | 1.64% | 1.55% | 1.71% | 1.82% | 1.92% | 2.04% | 2.08% |
| ███▇▅▄▁▁ | Efficiency Ratio (%) | 57.7% | 57.0% | 57.5% | 56.5% | 54.9% | 54.0% | 51.3% | 51.3% |
| ▇█▆▆▆▅▂▁ | Cost of Funds (%) | 1.38% | 1.42% | 1.31% | 1.33% | 1.34% | 1.31% | 1.17% | 1.12% |
| ▁▁▃▅▇█▇▇ | NPA / Assets (%) | 0.38% | 0.40% | 0.43% | 0.48% | 0.50% | 0.54% | 0.52% | 0.51% |
| ▁▁▂▂▅█▇█ | Net Charge-Off Ratio (%) | 0.46% | 0.47% | 0.48% | 0.48% | 0.53% | 0.60% | 0.57% | 0.60% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $399 | $409 | $420 | $432 | $450 | $464 | $480 | $491 |
| ▁▂▅▇███▇ | Gross Loans ($M) | $2,323 | $2,360 | $2,447 | $2,483 | $2,512 | $2,529 | $2,504 | $2,499 |
| ▁▁▅▅▇▆▇█ | Total Deposits ($M) | $2,460 | $2,477 | $2,646 | $2,654 | $2,721 | $2,708 | $2,744 | $2,798 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 9% |