Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.16 | 1.13% |
| Return on Equity (%) | ▲ | 14.62% | +1.11 | 13.51% |
| Net Interest Margin (%) | ▼ | 3.59% | -0.00 | 3.59% |
| Efficiency Ratio (%) | ▲ | 47.34% | -3.50 | 50.84% |
| Pre-Provision Profit ($M) | ▲ | $12 | +2.69 | $9 |
| Cost of Funds (%) | ▲ | 2.85% | -0.55 | 3.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,359 | +374.69 | $1,984 |
| Gross Loans ($M) | ▲ | $2,059 | +318.02 | $1,741 |
| Loan Growth YoY (%) | ▼ | 98.05% | -1.22 | 99.27% |
| Total Deposits ($M) | ▲ | $2,066 | +338.68 | $1,728 |
| Shareholders Equity ($M) | ▲ | $208 | +39.96 | $168 |
| Tang. Book Value ($M) | ▲ | $206 | +39.97 | $166 |
| Loan / Deposit Ratio (%) | ▼ | 98.05% | -1.22 | 99.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.78% | -0.06 | 0.84% |
| Allowance / Loans (%) | — | 1.59% | 0.11% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 0.83% | -0.03 | 0.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.88% | +0.27 | 9.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆██▆▆ | Net Interest Margin (%) | 3.33% | 3.38% | 3.50% | 3.59% | 3.71% | 3.71% | 3.59% | 3.59% |
| ▁▁▁▃▅▅▆█ | Return on Assets (%) | 1.04% | 1.06% | 1.05% | 1.13% | 1.18% | 1.18% | 1.22% | 1.30% |
| ██▇▅▅▅▂▁ | Efficiency Ratio (%) | 53.2% | 52.8% | 51.9% | 50.8% | 50.4% | 50.7% | 48.6% | 47.3% |
| █▆▅▆▆▄▁▁ | Cost of Funds (%) | 3.66% | 3.42% | 3.27% | 3.40% | 3.45% | 3.18% | 2.95% | 2.85% |
| ▄▁▂▆█▅▁▄ | NPA / Assets (%) | 0.77% | 0.67% | 0.73% | 0.84% | 0.90% | 0.79% | 0.69% | 0.78% |
| █▃▅██▆▁▇ | Net Charge-Off Ratio (%) | 0.84% | 0.72% | 0.78% | 0.86% | 0.86% | 0.79% | 0.66% | 0.83% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $140 | $146 | $156 | $166 | $176 | $185 | $194 | $206 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $1,461 | $1,553 | $1,646 | $1,741 | $1,804 | $1,848 | $1,948 | $2,059 |
| ▁▂▃▄▄▆▇█ | Total Deposits ($M) | $1,429 | $1,522 | $1,650 | $1,728 | $1,741 | $1,843 | $1,923 | $2,066 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 16% |
| Agricultural | 5% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 19% |