Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.21 | 1.02% |
| Return on Equity (%) | ▲ | 17.55% | +1.24 | 16.31% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.27 | 3.73% |
| Efficiency Ratio (%) | ▲ | 58.07% | -6.18 | 64.25% |
| Pre-Provision Profit ($M) | ▲ | $9 | +2.05 | $7 |
| Cost of Funds (%) | ▲ | 1.73% | -0.23 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,022 | +137.90 | $1,884 |
| Gross Loans ($M) | ▲ | $1,555 | +175.75 | $1,379 |
| Loan Growth YoY (%) | ▲ | 93.41% | +8.84 | 84.56% |
| Total Deposits ($M) | ▲ | $1,645 | +32.90 | $1,613 |
| Shareholders Equity ($M) | ▲ | $144 | +20.94 | $123 |
| Tang. Book Value ($M) | ▲ | $144 | +20.94 | $123 |
| TBV excl. AOCI ($M)** | ▲ | $162 | +19.65 | $142 |
| Loan / Deposit Ratio (%) | ▲ | 93.41% | +8.84 | 84.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.32% | -0.07 | 0.38% |
| Allowance / Loans (%) | — | 1.15% | 0.03% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.11 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.79% | -0.19 | 10.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 3.37% | 3.44% | 3.70% | 3.73% | 3.79% | 3.83% | 3.92% | 4.00% |
| ▁▁▅▆▆▆██ | Return on Assets (%) | 0.66% | 0.70% | 0.97% | 1.02% | 1.04% | 1.09% | 1.22% | 1.23% |
| ██▄▃▃▃▁▁ | Efficiency Ratio (%) | 75.0% | 73.4% | 65.0% | 64.2% | 63.7% | 62.4% | 58.4% | 58.1% |
| █▇▅▆▅▂▁▂ | Cost of Funds (%) | 2.14% | 2.03% | 1.90% | 1.96% | 1.94% | 1.75% | 1.63% | 1.73% |
| █▃▄▂▃▂▁▁ | NPA / Assets (%) | 0.65% | 0.40% | 0.45% | 0.38% | 0.43% | 0.36% | 0.32% | 0.32% |
| █▃▄▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.92% | 0.57% | 0.61% | 0.53% | 0.51% | 0.42% | 0.42% | 0.41% |
| ▂▁▂▄▅▇▇█ | Tang. Book Value ($M) | $117 | $110 | $117 | $123 | $131 | $137 | $138 | $144 |
| ▁▁▂▃▃▆▇█ | Gross Loans ($M) | $1,283 | $1,312 | $1,349 | $1,379 | $1,379 | $1,466 | $1,499 | $1,555 |
| ▃█▆▂▁█▆▄ | Total Deposits ($M) | $1,623 | $1,741 | $1,680 | $1,613 | $1,574 | $1,728 | $1,685 | $1,645 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 20% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |