Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.52 | 0.92% |
| Return on Equity (%) | ▲ | 14.62% | +4.76 | 9.86% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.66 | 3.45% |
| Efficiency Ratio (%) | ▲ | 58.25% | -10.03 | 68.28% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.47 | $3 |
| Cost of Funds (%) | ▲ | 1.87% | -0.20 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $939 | +15.59 | $924 |
| Gross Loans ($M) | ▲ | $794 | +17.62 | $776 |
| Loan Growth YoY (%) | ▲ | 99.71% | +1.80 | 97.91% |
| Total Deposits ($M) | ▲ | $788 | +4.17 | $784 |
| Shareholders Equity ($M) | ▲ | $96 | +8.64 | $87 |
| Tang. Book Value ($M) | ▲ | $87 | +8.64 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $92 | +8.83 | $83 |
| Loan / Deposit Ratio (%) | ▲ | 99.71% | +1.80 | 97.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.55% | +0.24 | 0.32% |
| Allowance / Loans (%) | — | 0.94% | -0.10% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.66% | +0.28 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.20 | 10.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 3.30% | 3.28% | 3.34% | 3.45% | 3.52% | 3.65% | 3.99% | 4.11% |
| ▃▃▁▂▂▄▇█ | Return on Assets (%) | 0.94% | 0.97% | 0.77% | 0.92% | 0.87% | 1.04% | 1.36% | 1.45% |
| ▆▆█▆▆▄▂▁ | Efficiency Ratio (%) | 69.4% | 68.0% | 73.7% | 68.3% | 68.4% | 65.9% | 61.9% | 58.2% |
| ██▆▅▆▃▁▁ | Cost of Funds (%) | 2.25% | 2.20% | 2.11% | 2.07% | 2.13% | 1.99% | 1.83% | 1.87% |
| ▄▅▄▅▃▁▁█ | NPA / Assets (%) | 0.28% | 0.35% | 0.29% | 0.32% | 0.21% | 0.11% | 0.06% | 0.55% |
| ▄▅▄▅▃▁▁█ | Net Charge-Off Ratio (%) | 0.33% | 0.41% | 0.34% | 0.37% | 0.26% | 0.13% | 0.07% | 0.66% |
| ▂▂▁▂▅█▆█ | Tang. Book Value ($M) | $79 | $78 | $76 | $79 | $82 | $86 | $84 | $87 |
| ▁▄▂▅▃█▇█ | Gross Loans ($M) | $751 | $768 | $759 | $776 | $766 | $794 | $787 | $794 |
| ▁▁▄▂▃▆█▃ | Total Deposits ($M) | $767 | $775 | $795 | $784 | $793 | $815 | $838 | $788 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 13% |
| Agricultural | 15% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 8% |