Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.10 | 0.86% |
| Return on Equity (%) | ▲ | 7.44% | +0.47 | 6.97% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.14 | 3.92% |
| Efficiency Ratio (%) | ▲ | 73.70% | -0.30 | 74.00% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.42 | $7 |
| Cost of Funds (%) | ▲ | 1.15% | -0.09 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,418 | +3.90 | $2,414 |
| Gross Loans ($M) | ▼ | $1,936 | -48.16 | $1,984 |
| Loan Growth YoY (%) | ▼ | 91.62% | -1.64 | 93.26% |
| Total Deposits ($M) | ▼ | $2,081 | -14.93 | $2,096 |
| Shareholders Equity ($M) | ▲ | $322 | +20.77 | $302 |
| Tang. Book Value ($M) | ▲ | $319 | +21.23 | $298 |
| TBV excl. AOCI ($M)** | ▲ | $324 | +17.66 | $307 |
| Loan / Deposit Ratio (%) | ▼ | 91.62% | -1.64 | 93.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.03 | 0.15% |
| Allowance / Loans (%) | — | 1.50% | 0.03% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.03 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅██▆█ | Net Interest Margin (%) | 3.70% | 3.74% | 3.85% | 3.92% | 4.06% | 4.09% | 3.97% | 4.06% |
| ▁▅▄▅▇█▅▇ | Return on Assets (%) | 0.68% | 0.86% | 0.81% | 0.86% | 0.95% | 1.00% | 0.84% | 0.96% |
| █▃▅▄▁▁▅▃ | Efficiency Ratio (%) | 79.0% | 73.0% | 75.7% | 74.0% | 71.7% | 70.8% | 75.3% | 73.7% |
| █▅▃▄▃▂▃▁ | Cost of Funds (%) | 1.39% | 1.29% | 1.23% | 1.24% | 1.22% | 1.20% | 1.22% | 1.15% |
| ▄▃▇█▁▁▁▄ | NPA / Assets (%) | 0.12% | 0.11% | 0.14% | 0.15% | 0.10% | 0.09% | 0.10% | 0.12% |
| ▄▂▇█▁▁▂▄ | Net Charge-Off Ratio (%) | 0.10% | 0.09% | 0.13% | 0.14% | 0.08% | 0.08% | 0.08% | 0.11% |
| ▁▃▁▃▅▆▇█ | Tang. Book Value ($M) | $289 | $297 | $292 | $298 | $306 | $311 | $313 | $319 |
| ▁▃▃██▇▃▁ | Gross Loans ($M) | $1,939 | $1,953 | $1,950 | $1,984 | $1,983 | $1,976 | $1,950 | $1,936 |
| ▃▆▄▂▅▅█▁ | Total Deposits ($M) | $2,110 | $2,150 | $2,122 | $2,096 | $2,138 | $2,133 | $2,182 | $2,081 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 5% |