Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.39 | 1.62% |
| Return on Equity (%) | ▲ | 15.90% | +1.85 | 14.05% |
| Net Interest Margin (%) | ▲ | 5.33% | +0.31 | 5.02% |
| Efficiency Ratio (%) | ▼ | 47.03% | +0.44 | 46.60% |
| Pre-Provision Profit ($M) | ▲ | $19 | +1.38 | $18 |
| Cost of Funds (%) | ▲ | 2.20% | -0.15 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,485 | +72.82 | $2,412 |
| Gross Loans ($M) | ▲ | $2,252 | +57.29 | $2,195 |
| Loan Growth YoY (%) | ▲ | 104.84% | +0.42 | 104.42% |
| Total Deposits ($M) | ▲ | $2,110 | +44.53 | $2,065 |
| Shareholders Equity ($M) | ▲ | $332 | +46.31 | $286 |
| Tang. Book Value ($M) | ▲ | $331 | +46.34 | $285 |
| TBV excl. AOCI ($M)** | ▲ | $335 | +46.89 | $288 |
| Loan / Deposit Ratio (%) | ▲ | 104.84% | +0.42 | 104.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.82% | -0.12 | 0.94% |
| Allowance / Loans (%) | — | 1.80% | 0.04% | 1.76% |
| Net Charge-Off Ratio (%) | ▲ | 0.90% | -0.13 | 1.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.77 | 12.77% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 4.63% | 4.69% | 4.79% | 5.02% | 5.13% | 5.13% | 5.18% | 5.33% |
| ▃▃▁▃▆▅██ | Return on Assets (%) | 1.59% | 1.63% | 1.44% | 1.62% | 1.79% | 1.79% | 1.98% | 2.01% |
| █▆▅▂▁▂▃▃ | Efficiency Ratio (%) | 50.4% | 49.2% | 48.2% | 46.6% | 45.7% | 46.9% | 47.4% | 47.0% |
| █▇▃▃▂▁▁▁ | Cost of Funds (%) | 2.69% | 2.61% | 2.32% | 2.35% | 2.30% | 2.25% | 2.20% | 2.20% |
| ▁▆▄▄▇█▁▂ | NPA / Assets (%) | 0.67% | 1.07% | 0.92% | 0.94% | 1.19% | 1.29% | 0.72% | 0.82% |
| ▁▅▄▄▆█▂▂ | Net Charge-Off Ratio (%) | 0.75% | 1.19% | 1.06% | 1.03% | 1.30% | 1.50% | 0.85% | 0.90% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $260 | $268 | $276 | $285 | $298 | $309 | $320 | $331 |
| ▁▂▃▆▆▇▆█ | Gross Loans ($M) | $2,065 | $2,104 | $2,121 | $2,195 | $2,193 | $2,208 | $2,200 | $2,252 |
| ▁▂▅▃▂██▅ | Total Deposits ($M) | $1,989 | $2,034 | $2,128 | $2,065 | $2,029 | $2,194 | $2,214 | $2,110 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 56% |
| Agricultural | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 16% |