Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.35 | 0.93% |
| Return on Equity (%) | ▲ | 11.22% | +2.68 | 8.54% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.31 | 3.24% |
| Efficiency Ratio (%) | ▲ | 55.51% | -6.76 | 62.27% |
| Pre-Provision Profit ($M) | ▲ | $16 | +4.48 | $11 |
| Cost of Funds (%) | ▲ | 1.88% | -0.21 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $3,490 | +153.68 | $3,337 |
| Gross Loans ($M) | ▲ | $2,708 | +74.75 | $2,633 |
| Loan Growth YoY (%) | ▼ | 93.26% | -2.77 | 96.03% |
| Total Deposits ($M) | ▲ | $2,874 | +159.68 | $2,714 |
| Shareholders Equity ($M) | ▲ | $401 | +27.89 | $373 |
| Tang. Book Value ($M) | ▲ | $306 | +30.12 | $276 |
| TBV excl. AOCI ($M)** | ▲ | $328 | +30.81 | $297 |
| Loan / Deposit Ratio (%) | ▼ | 93.26% | -2.77 | 96.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.10 | 0.11% |
| Allowance / Loans (%) | — | 1.03% | 0.01% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.13 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.84% | +0.45 | 11.39% |
Noninterest income ($4.99M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.79% | 2.84% | 3.11% | 3.24% | 3.32% | 3.38% | 3.47% | 3.54% |
| ▁▂▂▃▄▅▇█ | Return on Assets (%) | 0.76% | 0.83% | 0.88% | 0.93% | 0.98% | 1.03% | 1.15% | 1.28% |
| █▇▆▆▅▄▂▁ | Efficiency Ratio (%) | 66.2% | 63.9% | 63.5% | 62.3% | 61.4% | 59.9% | 57.6% | 55.5% |
| █▇▃▅▄▂▁▂ | Cost of Funds (%) | 2.37% | 2.23% | 1.99% | 2.10% | 2.05% | 1.93% | 1.79% | 1.88% |
| ▁▁▂▁▃██▅ | NPA / Assets (%) | 0.09% | 0.09% | 0.13% | 0.11% | 0.15% | 0.33% | 0.33% | 0.21% |
| ▁▁▂▁▃██▅ | Net Charge-Off Ratio (%) | 0.11% | 0.12% | 0.17% | 0.14% | 0.19% | 0.41% | 0.41% | 0.27% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $260 | $260 | $270 | $276 | $288 | $297 | $300 | $306 |
| ▁▂▂▅▆█▇█ | Gross Loans ($M) | $2,540 | $2,565 | $2,584 | $2,633 | $2,663 | $2,718 | $2,688 | $2,708 |
| ▁▁▁▂▃▃▆█ | Total Deposits ($M) | $2,688 | $2,691 | $2,703 | $2,714 | $2,756 | $2,735 | $2,816 | $2,874 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 12% |
| Agricultural | 9% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 9% |