Looks to be a better quarterly.
The interest charge was really impressive after Service First acquisition. The bank still enjoy very low cost deposits. That usually yield healthy margin. However, non-interest expense stays stubbornly high. It may drift lower as Service First integration is completed.
Too, the past due may well shrink in half by 3Q. That calls for less provision for losses.
The long term unknown is always the health of agriculture in the valley. So far so good.
With some dilution, the bank is now 50% bigger than it was a year earlier. There is more leverage on the upside as well. If only the interest rate in general would rise in the next few quarters... That would be hugely beneficial.