Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.75 | 1.02% |
| Return on Equity (%) | ▲ | 11.42% | +4.85 | 6.57% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.10 | 4.21% |
| Efficiency Ratio (%) | ▲ | 32.36% | -8.28 | 40.64% |
| Pre-Provision Profit ($M) | ▲ | $20 | +5.73 | $15 |
| Cost of Funds (%) | ▼ | 1.39% | +0.01 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,689 | +204.62 | $3,484 |
| Gross Loans ($M) | ▲ | $2,817 | +991.01 | $1,826 |
| Loan Growth YoY (%) | ▲ | 91.16% | +29.52 | 61.64% |
| Total Deposits ($M) | ▲ | $3,068 | +142.21 | $2,926 |
| Shareholders Equity ($M) | ▲ | $557 | +25.20 | $532 |
| Tang. Book Value ($M) | ▲ | $338 | +42.19 | $296 |
| TBV excl. AOCI ($M)** | ▲ | $356 | +52.49 | $303 |
| Loan / Deposit Ratio (%) | ▲ | 91.16% | +29.52 | 61.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.01 | 0.08% |
| Allowance / Loans (%) | — | 0.74% | -0.52% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.08 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.37% | -4.21 | 15.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃██████ | Net Interest Margin (%) | 1.23% | 2.20% | 4.26% | 4.21% | 4.43% | 4.51% | 4.34% | 4.31% |
| ▁▃▅▄▅▆██ | Return on Assets (%) | 0.07% | 0.56% | 1.20% | 1.02% | 1.26% | 1.39% | 1.98% | 1.77% |
| ▁▂██▆▅▃▄ | Efficiency Ratio (%) | 26.7% | 29.7% | 40.0% | 40.6% | 35.8% | 34.7% | 31.8% | 32.4% |
| ▁███████ | Cost of Funds (%) | -1.34% | 1.23% | 1.31% | 1.37% | 1.41% | 1.35% | 1.42% | 1.39% |
| ▁▂▄▅▅▆█▄ | NPA / Assets (%) | 0.01% | 0.03% | 0.07% | 0.08% | 0.10% | 0.10% | 0.16% | 0.07% |
| ▁▃▆▇▆▇█▄ | Net Charge-Off Ratio (%) | 0.01% | 0.07% | 0.14% | 0.16% | 0.13% | 0.14% | 0.18% | 0.08% |
| ▁▂▄▅▆███ | Tang. Book Value ($M) | $250 | $269 | $283 | $296 | $315 | $336 | $335 | $338 |
| ▁▁▁▂▇█▇█ | Gross Loans ($M) | $1,636 | $1,663 | $1,677 | $1,826 | $2,549 | $2,709 | $2,667 | $2,817 |
| ▁▃▄▆▇█▆█ | Total Deposits ($M) | $2,543 | $2,737 | $2,756 | $2,926 | $2,945 | $3,060 | $2,880 | $3,068 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 35% |
| C&I / Commercial | 48% |
| Agricultural | 1% |
| Consumer | 10% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |