Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.06 | 1.21% |
| Return on Equity (%) | ▼ | 11.23% | -0.03 | 11.26% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.22 | 3.60% |
| Efficiency Ratio (%) | ▲ | 61.94% | -1.45 | 63.39% |
| Pre-Provision Profit ($M) | ▲ | $33 | +2.91 | $30 |
| Cost of Funds (%) | ▲ | 1.82% | -0.16 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $8,376 | +533.51 | $7,843 |
| Gross Loans ($M) | ▲ | $6,414 | +273.50 | $6,140 |
| Loan Growth YoY (%) | ▼ | 86.31% | -3.27 | 89.57% |
| Total Deposits ($M) | ▲ | $7,348 | +572.70 | $6,775 |
| Shareholders Equity ($M) | ▲ | $942 | +63.22 | $879 |
| Tang. Book Value ($M) | ▲ | $874 | +64.68 | $809 |
| TBV excl. AOCI ($M)** | ▲ | $933 | +74.91 | $858 |
| Loan / Deposit Ratio (%) | ▼ | 86.31% | -3.27 | 89.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.16 | 0.40% |
| Allowance / Loans (%) | — | 1.12% | -0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.64% | +0.25 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($18.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇██ | Net Interest Margin (%) | 3.34% | 3.37% | 3.46% | 3.60% | 3.67% | 3.73% | 3.81% | 3.82% |
| ▁▁▆▅▄▄█▆ | Return on Assets (%) | 0.95% | 0.94% | 1.27% | 1.21% | 1.14% | 1.14% | 1.40% | 1.27% |
| ██▂▄▃▄▁▂ | Efficiency Ratio (%) | 68.5% | 68.9% | 61.8% | 63.4% | 62.8% | 63.8% | 59.9% | 61.9% |
| █▇▄▃▃▁▁▁ | Cost of Funds (%) | 2.34% | 2.27% | 2.01% | 1.99% | 1.94% | 1.86% | 1.80% | 1.82% |
| ▁▃▂▃▅▃▅█ | NPA / Assets (%) | 0.33% | 0.40% | 0.38% | 0.40% | 0.47% | 0.41% | 0.45% | 0.56% |
| ▁▂▁▂▄▃▆█ | Net Charge-Off Ratio (%) | 0.35% | 0.38% | 0.35% | 0.39% | 0.48% | 0.44% | 0.53% | 0.64% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $756 | $759 | $787 | $809 | $833 | $852 | $864 | $874 |
| ▂▂▁▁▃▆▆█ | Gross Loans ($M) | $6,148 | $6,144 | $6,106 | $6,140 | $6,218 | $6,301 | $6,316 | $6,414 |
| ▁▁▂▁▂▄▇█ | Total Deposits ($M) | $6,797 | $6,828 | $6,908 | $6,775 | $6,849 | $7,009 | $7,235 | $7,348 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 9% |