Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.04% | +0.15 | 1.88% |
| Return on Equity (%) | ▲ | 16.48% | +1.71 | 14.77% |
| Net Interest Margin (%) | ▲ | 4.52% | +0.21 | 4.31% |
| Efficiency Ratio (%) | ▲ | 47.66% | -1.05 | 48.70% |
| Pre-Provision Profit ($M) | ▲ | $16 | +0.84 | $15 |
| Cost of Funds (%) | ▲ | 1.35% | -0.11 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,312 | +20.39 | $2,291 |
| Gross Loans ($M) | ▼ | $1,578 | -1.09 | $1,580 |
| Loan Growth YoY (%) | ▼ | 77.37% | -1.84 | 79.21% |
| Total Deposits ($M) | ▲ | $2,011 | +42.70 | $1,968 |
| Shareholders Equity ($M) | ▼ | $283 | -5.37 | $289 |
| Tang. Book Value ($M) | ▼ | $250 | -5.04 | $255 |
| TBV excl. AOCI ($M)** | ▼ | $274 | -1.10 | $275 |
| Loan / Deposit Ratio (%) | ▼ | 77.37% | -1.84 | 79.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.16 | 0.15% |
| Allowance / Loans (%) | — | 1.43% | 0.14% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.44% | +0.23 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($6.56M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆▆██ | Net Interest Margin (%) | 4.11% | 4.15% | 4.23% | 4.31% | 4.38% | 4.39% | 4.51% | 4.52% |
| ▂▁▆▅▄▅██ | Return on Assets (%) | 1.72% | 1.67% | 1.92% | 1.88% | 1.85% | 1.86% | 2.01% | 2.04% |
| ██▅▂▃▄▁▁ | Efficiency Ratio (%) | 52.4% | 52.8% | 50.4% | 48.7% | 49.0% | 49.8% | 47.9% | 47.7% |
| █▇▅▅▅█▁▁ | Cost of Funds (%) | 1.59% | 1.53% | 1.48% | 1.46% | 1.47% | 1.56% | 1.33% | 1.35% |
| ▁▂▂▁▂▂▃█ | NPA / Assets (%) | 0.17% | 0.17% | 0.18% | 0.15% | 0.18% | 0.19% | 0.19% | 0.31% |
| ▂▂▂▁▂▂▃█ | Net Charge-Off Ratio (%) | 0.24% | 0.24% | 0.25% | 0.21% | 0.25% | 0.26% | 0.27% | 0.44% |
| ▁▁▅▅█▃▄▃ | Tang. Book Value ($M) | $240 | $243 | $256 | $255 | $268 | $249 | $252 | $250 |
| ▁▁▃▇▅██▇ | Gross Loans ($M) | $1,517 | $1,519 | $1,539 | $1,580 | $1,561 | $1,594 | $1,596 | $1,578 |
| ▁▂▃▆▅▆██ | Total Deposits ($M) | $1,850 | $1,885 | $1,910 | $1,968 | $1,932 | $1,969 | $1,993 | $2,011 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 6% |