Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.44 | 1.04% |
| Return on Equity (%) | ▲ | 14.62% | +4.33 | 10.29% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.47 | 3.85% |
| Efficiency Ratio (%) | ▲ | 56.14% | -4.46 | 60.61% |
| Pre-Provision Profit ($M) | ▲ | $16 | +3.91 | $12 |
| Cost of Funds (%) | ▲ | 2.17% | -0.30 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,288 | +311.12 | $2,977 |
| Gross Loans ($M) | ▲ | $2,897 | +273.39 | $2,624 |
| Loan Growth YoY (%) | ▲ | 100.46% | +2.77 | 97.69% |
| Total Deposits ($M) | ▲ | $2,850 | +197.95 | $2,652 |
| Shareholders Equity ($M) | ▲ | $327 | +28.90 | $298 |
| Tang. Book Value ($M) | ▲ | $308 | +29.49 | $278 |
| TBV excl. AOCI ($M)** | ▲ | $313 | +29.76 | $283 |
| Loan / Deposit Ratio (%) | ▲ | 100.46% | +2.77 | 97.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.14 | 0.57% |
| Allowance / Loans (%) | — | 1.18% | -0.08% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 0.48% | -0.15 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▅▆██ | Net Interest Margin (%) | 3.35% | 3.48% | 3.74% | 3.85% | 3.95% | 4.03% | 4.24% | 4.32% |
| ▁▁▅▄▅▅██ | Return on Assets (%) | 0.69% | 0.75% | 1.15% | 1.04% | 1.11% | 1.18% | 1.47% | 1.48% |
| ██▃▃▂▂▁▁ | Efficiency Ratio (%) | 71.2% | 69.4% | 61.5% | 60.6% | 59.5% | 59.2% | 56.5% | 56.1% |
| █▆▅▄▅▂▁▁ | Cost of Funds (%) | 2.82% | 2.62% | 2.48% | 2.47% | 2.53% | 2.30% | 2.14% | 2.17% |
| █▃▅█▇▁▁▂ | NPA / Assets (%) | 0.59% | 0.45% | 0.50% | 0.57% | 0.55% | 0.40% | 0.39% | 0.42% |
| █▃▅▇▆▁▁▂ | Net Charge-Off Ratio (%) | 0.67% | 0.50% | 0.56% | 0.63% | 0.60% | 0.44% | 0.42% | 0.48% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $259 | $264 | $271 | $278 | $289 | $295 | $296 | $308 |
| ▁▁▂▃▄▅▇█ | Gross Loans ($M) | $2,476 | $2,508 | $2,540 | $2,624 | $2,647 | $2,712 | $2,796 | $2,897 |
| ▁▁▂▄▃▅▆█ | Total Deposits ($M) | $2,502 | $2,512 | $2,557 | $2,652 | $2,633 | $2,684 | $2,744 | $2,850 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 17% |