Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.15 | 0.99% |
| Return on Equity (%) | ▲ | 10.24% | +0.15 | 10.09% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.06 | 3.73% |
| Efficiency Ratio (%) | ▲ | 58.49% | -2.44 | 60.92% |
| Pre-Provision Profit ($M) | ▼ | $7 | -0.59 | $8 |
| Cost of Funds (%) | ▼ | 0.79% | +0.02 | 0.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,926 | +54.40 | $1,872 |
| Gross Loans ($M) | ▲ | $1,107 | +27.72 | $1,080 |
| Loan Growth YoY (%) | ▲ | 64.55% | +0.70 | 63.85% |
| Total Deposits ($M) | ▲ | $1,692 | +27.05 | $1,665 |
| Shareholders Equity ($M) | ▲ | $216 | +23.80 | $192 |
| Tang. Book Value ($M) | ▲ | $211 | +23.06 | $188 |
| TBV excl. AOCI ($M)** | ▲ | $242 | +24.33 | $218 |
| Loan / Deposit Ratio (%) | ▲ | 64.55% | +0.70 | 63.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.24 | 0.54% |
| Allowance / Loans (%) | — | 1.34% | -0.16% | 1.49% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.41 | 0.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.75% | +0.88 | 16.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▆███ | Net Interest Margin (%) | 3.59% | 3.63% | 3.62% | 3.73% | 3.75% | 3.80% | 3.82% | 3.80% |
| ▄▅▁▄▆▆█▇ | Return on Assets (%) | 1.01% | 1.07% | 0.79% | 0.99% | 1.09% | 1.13% | 1.25% | 1.13% |
| ▄▃█▅▅▅▁▂ | Efficiency Ratio (%) | 60.1% | 59.0% | 65.1% | 60.9% | 61.5% | 61.1% | 56.4% | 58.5% |
| ▄▅▁▂▂█▃▄ | Cost of Funds (%) | 0.79% | 0.80% | 0.76% | 0.77% | 0.78% | 0.83% | 0.78% | 0.79% |
| ▁▆█▅▃▃▂▂ | NPA / Assets (%) | 0.21% | 0.59% | 0.81% | 0.54% | 0.42% | 0.38% | 0.32% | 0.30% |
| ▁▆█▄▃▂▁▁ | Net Charge-Off Ratio (%) | 0.38% | 1.06% | 1.32% | 0.82% | 0.63% | 0.57% | 0.46% | 0.41% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $175 | $170 | $180 | $188 | $199 | $204 | $207 | $211 |
| ▁▁▁▄▃▂▄█ | Gross Loans ($M) | $1,059 | $1,063 | $1,058 | $1,080 | $1,072 | $1,065 | $1,079 | $1,107 |
| █▅▂▁▃▂▄▄ | Total Deposits ($M) | $1,734 | $1,701 | $1,678 | $1,665 | $1,688 | $1,681 | $1,696 | $1,692 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 14% |
| Agricultural | 2% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 3% |