Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.94% | -0.05 | 0.99% |
| Return on Equity (%) | ▼ | 9.65% | -1.24 | 10.89% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.39 | 3.99% |
| Efficiency Ratio (%) | ▼ | 66.23% | +3.66 | 62.57% |
| Pre-Provision Profit ($M) | ▲ | $10 | +0.39 | $9 |
| Cost of Funds (%) | ▲ | 2.25% | -0.22 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,241 | +345.27 | $1,896 |
| Gross Loans ($M) | ▲ | $1,870 | +336.18 | $1,534 |
| Loan Growth YoY (%) | ▲ | 95.32% | +2.84 | 92.47% |
| Total Deposits ($M) | ▲ | $1,938 | +298.57 | $1,640 |
| Shareholders Equity ($M) | ▲ | $211 | +43.31 | $168 |
| Tang. Book Value ($M) | ▲ | $207 | +43.31 | $163 |
| TBV excl. AOCI ($M)** | ▲ | $216 | +43.21 | $173 |
| Loan / Deposit Ratio (%) | ▲ | 95.32% | +2.84 | 92.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.37% | +0.47 | 1.90% |
| Allowance / Loans (%) | — | 1.21% | 0.06% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 2.51% | +0.21 | 2.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.93% | +0.07 | 9.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 3.49% | 3.56% | 3.80% | 3.99% | 4.07% | 4.16% | 4.28% | 4.38% |
| ▂▃▂▇▇█▁▆ | Return on Assets (%) | 0.79% | 0.80% | 0.75% | 0.99% | 1.01% | 1.08% | 0.69% | 0.94% |
| ▅▄▇▁▂▁█▅ | Efficiency Ratio (%) | 66.2% | 65.9% | 69.0% | 62.6% | 62.7% | 61.5% | 70.4% | 66.2% |
| ██▆▂▃▂▁▁ | Cost of Funds (%) | 3.21% | 3.14% | 2.86% | 2.46% | 2.59% | 2.47% | 2.31% | 2.25% |
| ▁▄▃▄▆▆█▇ | NPA / Assets (%) | 1.36% | 1.88% | 1.72% | 1.90% | 2.26% | 2.25% | 2.61% | 2.37% |
| ▁▅▃▅█▅█▇ | Net Charge-Off Ratio (%) | 1.72% | 2.29% | 2.07% | 2.29% | 2.71% | 2.29% | 2.74% | 2.51% |
| ▁▁▁▂▃▆██ | Tang. Book Value ($M) | $151 | $154 | $158 | $163 | $170 | $192 | $200 | $207 |
| ▁▁▂▃▅▅▆█ | Gross Loans ($M) | $1,353 | $1,380 | $1,457 | $1,534 | $1,627 | $1,664 | $1,701 | $1,870 |
| ▁▁▁▃▃▅▆█ | Total Deposits ($M) | $1,524 | $1,506 | $1,537 | $1,640 | $1,619 | $1,728 | $1,810 | $1,938 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 19% |
| Agricultural | 4% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 29% |