Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.38 | 1.04% |
| Return on Equity (%) | ▲ | 13.80% | +3.43 | 10.37% |
| Net Interest Margin (%) | ▲ | 4.22% | +0.25 | 3.97% |
| Efficiency Ratio (%) | ▲ | 60.29% | -4.03 | 64.32% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.74 | $5 |
| Cost of Funds (%) | ▲ | 1.51% | -0.20 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,653 | +121.08 | $1,532 |
| Gross Loans ($M) | ▲ | $1,374 | +81.36 | $1,292 |
| Loan Growth YoY (%) | ▲ | 95.47% | +0.67 | 94.80% |
| Total Deposits ($M) | ▲ | $1,420 | +72.22 | $1,348 |
| Shareholders Equity ($M) | ▲ | $170 | +11.78 | $158 |
| Tang. Book Value ($M) | ▲ | $155 | +14.13 | $141 |
| TBV excl. AOCI ($M)** | ▲ | $159 | +14.16 | $145 |
| Loan / Deposit Ratio (%) | ▲ | 95.47% | +0.67 | 94.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.06 | 0.72% |
| Allowance / Loans (%) | — | 1.31% | 0.18% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.93% | +0.08 | 0.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.81% | +0.32 | 10.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▇██ | Net Interest Margin (%) | 3.55% | 3.61% | 3.87% | 3.97% | 4.03% | 4.10% | 4.14% | 4.22% |
| ▅▅▁▆▇▇██ | Return on Assets (%) | 0.86% | 0.89% | 0.06% | 1.04% | 1.11% | 1.17% | 1.34% | 1.42% |
| ██▄▄▄▄▁▁ | Efficiency Ratio (%) | 70.2% | 69.8% | 64.2% | 64.3% | 64.7% | 64.4% | 61.1% | 60.3% |
| ██▅▆▅▄▁▂ | Cost of Funds (%) | 1.85% | 1.82% | 1.65% | 1.71% | 1.69% | 1.63% | 1.45% | 1.51% |
| ▁▁▂▆▅▄██ | NPA / Assets (%) | 0.54% | 0.53% | 0.57% | 0.72% | 0.67% | 0.65% | 0.78% | 0.77% |
| ▁▁▁▅▄▃██ | Net Charge-Off Ratio (%) | 0.69% | 0.67% | 0.71% | 0.85% | 0.80% | 0.77% | 0.96% | 0.93% |
| ▁▁▁▃▅▇██ | Tang. Book Value ($M) | $133 | $135 | $135 | $141 | $146 | $150 | $153 | $155 |
| ▁▁▁▃▅▇██ | Gross Loans ($M) | $1,256 | $1,245 | $1,250 | $1,292 | $1,317 | $1,347 | $1,367 | $1,374 |
| ▃▂▁▁▃▄█▇ | Total Deposits ($M) | $1,383 | $1,369 | $1,359 | $1,348 | $1,383 | $1,392 | $1,444 | $1,420 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 12% |
| Agricultural | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 8% |