Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.36 | 1.21% |
| Return on Equity (%) | ▲ | 21.01% | +4.76 | 16.25% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.35 | 3.68% |
| Efficiency Ratio (%) | ▲ | 61.06% | -7.11 | 68.17% |
| Pre-Provision Profit ($M) | ▲ | $13 | +3.71 | $9 |
| Cost of Funds (%) | ▲ | 1.39% | -0.27 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,821 | +228.21 | $2,592 |
| Gross Loans ($M) | ▲ | $2,034 | +156.08 | $1,878 |
| Loan Growth YoY (%) | ▲ | 79.96% | +1.89 | 78.07% |
| Total Deposits ($M) | ▲ | $2,513 | +132.10 | $2,381 |
| Shareholders Equity ($M) | ▲ | $212 | +14.72 | $197 |
| Tang. Book Value ($M) | ▲ | $188 | +14.72 | $174 |
| TBV excl. AOCI ($M)** | ▲ | $216 | +16.39 | $200 |
| Loan / Deposit Ratio (%) | ▲ | 79.96% | +1.89 | 78.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.02 | 0.25% |
| Allowance / Loans (%) | — | 1.20% | 0.19% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.07 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.22% | -0.34 | 10.56% |
Noninterest income ($5.98M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 3.60% | 3.61% | 3.59% | 3.68% | 3.72% | 3.78% | 4.00% | 4.03% |
| ▂▃▁▂▅▄██ | Return on Assets (%) | 1.19% | 1.26% | 1.11% | 1.21% | 1.35% | 1.32% | 1.52% | 1.58% |
| ▆▅██▅▄▁▁ | Efficiency Ratio (%) | 66.6% | 65.8% | 68.8% | 68.2% | 65.5% | 64.4% | 61.3% | 61.1% |
| █▇▅▅▄▃▁▁ | Cost of Funds (%) | 1.91% | 1.80% | 1.68% | 1.67% | 1.64% | 1.54% | 1.40% | 1.39% |
| ▁▃▃▇▃▆▄█ | NPA / Assets (%) | 0.14% | 0.18% | 0.18% | 0.25% | 0.19% | 0.22% | 0.19% | 0.27% |
| ▁▃▃▆▃▆▂█ | Net Charge-Off Ratio (%) | 0.17% | 0.23% | 0.24% | 0.30% | 0.24% | 0.31% | 0.22% | 0.37% |
| ▅▁▂▄▆▇▇█ | Tang. Book Value ($M) | $176 | $162 | $168 | $174 | $181 | $183 | $184 | $188 |
| ▁▂▁▃▄▅▇█ | Gross Loans ($M) | $1,818 | $1,857 | $1,839 | $1,878 | $1,906 | $1,953 | $1,995 | $2,034 |
| ▁▁▄▄▅▇██ | Total Deposits ($M) | $2,263 | $2,273 | $2,384 | $2,381 | $2,407 | $2,479 | $2,502 | $2,513 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 14% |
| Agricultural | 4% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 7% |