Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.20 | 1.08% |
| Return on Equity (%) | ▲ | 10.93% | +1.02 | 9.91% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.19 | 3.05% |
| Efficiency Ratio (%) | ▲ | 51.14% | -1.32 | 52.46% |
| Pre-Provision Profit ($M) | ▲ | $9 | +0.91 | $8 |
| Cost of Funds (%) | ▲ | 2.44% | -0.33 | 2.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,961 | +75.60 | $1,885 |
| Gross Loans ($M) | ▼ | $1,473 | -48.83 | $1,522 |
| Loan Growth YoY (%) | ▼ | 84.71% | -7.33 | 92.04% |
| Total Deposits ($M) | ▲ | $1,714 | +83.40 | $1,631 |
| Shareholders Equity ($M) | ▲ | $232 | +22.17 | $209 |
| Tang. Book Value ($M) | ▲ | $232 | +22.17 | $209 |
| TBV excl. AOCI ($M)** | ▲ | $246 | +23.78 | $223 |
| Loan / Deposit Ratio (%) | ▼ | 84.71% | -7.33 | 92.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.42 | 0.14% |
| Allowance / Loans (%) | — | 1.38% | 0.05% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.03 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.01% | +1.77 | 13.24% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇▇██ | Net Interest Margin (%) | 2.57% | 2.68% | 2.97% | 3.05% | 3.09% | 3.13% | 3.21% | 3.24% |
| ▁▂▅▅▅▆██ | Return on Assets (%) | 0.85% | 0.92% | 1.07% | 1.08% | 1.09% | 1.17% | 1.25% | 1.28% |
| █▇▃▂▂▁▁▁ | Efficiency Ratio (%) | 57.8% | 56.8% | 53.1% | 52.5% | 52.4% | 51.3% | 51.2% | 51.1% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 3.30% | 3.09% | 2.86% | 2.78% | 2.82% | 2.61% | 2.45% | 2.44% |
| ▃▁▁▁█▄▄▄ | NPA / Assets (%) | 0.46% | 0.16% | 0.16% | 0.14% | 1.09% | 0.58% | 0.54% | 0.56% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.10% | 0.10% | 0.08% | 1.28% | 0.09% | 0.07% | 0.11% |
| ▁▁▂▃▆▇██ | Tang. Book Value ($M) | $197 | $197 | $205 | $209 | $219 | $225 | $229 | $232 |
| ███▆▅▁▁▂ | Gross Loans ($M) | $1,542 | $1,549 | $1,544 | $1,522 | $1,512 | $1,457 | $1,452 | $1,473 |
| ▁▁▂▄▅█▇█ | Total Deposits ($M) | $1,559 | $1,577 | $1,585 | $1,631 | $1,656 | $1,704 | $1,684 | $1,714 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 5% |