Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.97% | -0.10 | 1.07% |
| Return on Equity (%) | ▼ | 10.55% | -0.94 | 11.49% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.53 | 3.40% |
| Efficiency Ratio (%) | ▼ | 63.31% | +5.30 | 58.01% |
| Pre-Provision Profit ($M) | ▲ | $14 | +4.67 | $9 |
| Cost of Funds (%) | ▲ | 1.87% | -0.18 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,906 | +539.49 | $2,366 |
| Gross Loans ($M) | ▲ | $2,263 | +479.16 | $1,784 |
| Loan Growth YoY (%) | ▲ | 88.43% | +0.27 | 88.16% |
| Total Deposits ($M) | ▲ | $2,530 | +530.39 | $1,999 |
| Shareholders Equity ($M) | ▲ | $272 | +46.59 | $225 |
| Tang. Book Value ($M) | ▲ | $232 | +36.41 | $195 |
| TBV excl. AOCI ($M)** | ▲ | $254 | +38.24 | $216 |
| Loan / Deposit Ratio (%) | ▲ | 88.43% | +0.27 | 88.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.97% | +0.63 | 0.34% |
| Allowance / Loans (%) | — | 1.13% | -0.04% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.21% | +0.76 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.09% | -1.01 | 12.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 2.93% | 2.98% | 3.29% | 3.40% | 3.50% | 3.56% | 3.76% | 3.93% |
| ▅▁▇▇██▄▇ | Return on Assets (%) | 0.78% | 0.03% | 1.03% | 1.07% | 1.21% | 1.23% | 0.62% | 0.97% |
| ▅▆▁▁▁▁█▄ | Efficiency Ratio (%) | 66.8% | 67.9% | 58.5% | 58.0% | 56.6% | 56.5% | 73.6% | 63.3% |
| ██▅▅▂▃▁▁ | Cost of Funds (%) | 2.20% | 2.22% | 2.06% | 2.05% | 1.95% | 1.99% | 1.90% | 1.87% |
| ▁▁▁▁▁▁▂█ | NPA / Assets (%) | 0.35% | 0.34% | 0.33% | 0.34% | 0.31% | 0.29% | 0.38% | 0.97% |
| ▂▂▁▂▁▁▂█ | Net Charge-Off Ratio (%) | 0.47% | 0.46% | 0.45% | 0.45% | 0.36% | 0.34% | 0.46% | 1.21% |
| ▁▃▄▄▂▃██ | Tang. Book Value ($M) | $165 | $183 | $191 | $195 | $180 | $188 | $226 | $232 |
| ▁▁▂▂▂▃██ | Gross Loans ($M) | $1,675 | $1,714 | $1,765 | $1,784 | $1,807 | $1,846 | $2,239 | $2,263 |
| ▁▁▂▂▃▃██ | Total Deposits ($M) | $1,857 | $1,861 | $2,006 | $1,999 | $2,100 | $2,105 | $2,523 | $2,530 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 15% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |