Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.37% | +0.48 | 1.89% |
| Return on Equity (%) | ▲ | 29.32% | +5.18 | 24.14% |
| Net Interest Margin (%) | ▲ | 5.06% | +1.03 | 4.04% |
| Efficiency Ratio (%) | ▼ | 48.62% | +1.51 | 47.11% |
| Pre-Provision Profit ($M) | ▲ | $7 | +4.48 | $3 |
| Cost of Funds (%) | ▲ | 2.11% | -0.31 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,364 | +800.00 | $564 |
| Gross Loans ($M) | ▲ | $1,123 | +656.47 | $466 |
| Loan Growth YoY (%) | ▲ | 91.86% | +1.72 | 90.14% |
| Total Deposits ($M) | ▲ | $1,204 | +694.18 | $510 |
| Shareholders Equity ($M) | ▲ | $108 | +64.40 | $43 |
| Tang. Book Value ($M) | ▲ | $108 | +64.40 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $110 | +64.93 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 91.86% | +1.72 | 90.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.44% | -1.46 | 1.90% |
| Allowance / Loans (%) | — | 1.52% | 0.02% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.52% | -1.73 | 2.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.42% | -0.26 | 10.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▁▂█▅ | Net Interest Margin (%) | 4.11% | 4.16% | 4.11% | 4.04% | 4.18% | 4.28% | 5.71% | 5.06% |
| ▆█▂▁▁▁█▅ | Return on Assets (%) | 2.45% | 2.67% | 2.01% | 1.89% | 1.88% | 1.96% | 2.62% | 2.37% |
| ▂▁▇▇▆▆██ | Efficiency Ratio (%) | 42.9% | 41.0% | 47.0% | 47.1% | 45.9% | 46.3% | 48.7% | 48.6% |
| ▆█▃▄▄▄▁▁ | Cost of Funds (%) | 2.62% | 2.81% | 2.35% | 2.42% | 2.40% | 2.38% | 2.10% | 2.11% |
| ▁▁▃█▆▅▂▁ | NPA / Assets (%) | 0.41% | 0.48% | 0.91% | 1.90% | 1.53% | 1.25% | 0.64% | 0.44% |
| ▁▁▃█▆▅▂▁ | Net Charge-Off Ratio (%) | 0.48% | 0.53% | 1.13% | 2.25% | 1.80% | 1.55% | 0.76% | 0.52% |
| ▁▁▁▁▁▂██ | Tang. Book Value ($M) | $38 | $36 | $42 | $43 | $43 | $46 | $109 | $108 |
| ▁▁▁▂▂▂██ | Gross Loans ($M) | $358 | $344 | $437 | $466 | $488 | $465 | $1,089 | $1,123 |
| ▁▁▂▂▂▂██ | Total Deposits ($M) | $391 | $391 | $523 | $510 | $514 | $534 | $1,174 | $1,204 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 12% |
| Agricultural | 12% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 26% |