Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.24 | 1.58% |
| Return on Equity (%) | ▲ | 17.72% | +1.82 | 15.90% |
| Net Interest Margin (%) | ▲ | 5.35% | +0.11 | 5.24% |
| Efficiency Ratio (%) | ▲ | 65.26% | -2.17 | 67.43% |
| Pre-Provision Profit ($M) | ▲ | $10 | +0.59 | $10 |
| Cost of Funds (%) | ▲ | 2.06% | -0.29 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,929 | +87.60 | $1,841 |
| Gross Loans ($M) | ▲ | $1,651 | +143.54 | $1,507 |
| Loan Growth YoY (%) | ▲ | 95.51% | +4.60 | 90.90% |
| Total Deposits ($M) | ▲ | $1,708 | +69.31 | $1,639 |
| Shareholders Equity ($M) | ▲ | $193 | +14.51 | $179 |
| Tang. Book Value ($M) | ▲ | $176 | +15.15 | $161 |
| TBV excl. AOCI ($M)** | ▲ | $181 | +14.79 | $166 |
| Loan / Deposit Ratio (%) | ▲ | 95.51% | +4.60 | 90.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.23% | +0.21 | 1.02% |
| Allowance / Loans (%) | — | 1.17% | 0.01% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 1.33% | +0.29 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.86% | +0.02 | 10.84% |
Noninterest income ($7.33M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▃▇█▆▆ | Net Interest Margin (%) | 5.24% | 5.25% | 5.13% | 5.24% | 5.38% | 5.43% | 5.35% | 5.35% |
| ▂▁▁▄▇▇██ | Return on Assets (%) | 1.41% | 1.40% | 1.35% | 1.58% | 1.73% | 1.73% | 1.80% | 1.81% |
| ▁▂█▅▃▁▁▂ | Efficiency Ratio (%) | 64.3% | 65.5% | 70.0% | 67.4% | 66.0% | 64.7% | 64.5% | 65.3% |
| ██▅▄▄▂▁▁ | Cost of Funds (%) | 2.77% | 2.69% | 2.49% | 2.34% | 2.36% | 2.23% | 2.06% | 2.06% |
| ▅▁▆▅▅██▇ | NPA / Assets (%) | 1.04% | 0.57% | 1.13% | 1.02% | 1.04% | 1.37% | 1.38% | 1.23% |
| ▆▁▆▄▄██▇ | Net Charge-Off Ratio (%) | 1.24% | 0.49% | 1.20% | 1.04% | 0.99% | 1.56% | 1.60% | 1.33% |
| ▁▁▃▃▅▇██ | Tang. Book Value ($M) | $152 | $155 | $158 | $161 | $166 | $173 | $178 | $176 |
| ▁▂▁▄▄▆▇█ | Gross Loans ($M) | $1,387 | $1,422 | $1,415 | $1,507 | $1,504 | $1,582 | $1,608 | $1,651 |
| ▁▁▃▆▅▆▇█ | Total Deposits ($M) | $1,510 | $1,533 | $1,571 | $1,639 | $1,627 | $1,635 | $1,679 | $1,708 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 23% |
| Agricultural | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 13% |