Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.15% | +0.05 | 2.10% |
| Return on Equity (%) | ▼ | 21.18% | -1.83 | 23.01% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.05 | 4.13% |
| Efficiency Ratio (%) | ▲ | 49.52% | -0.02 | 49.54% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.44 | $7 |
| Cost of Funds (%) | ▲ | 1.75% | -0.32 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,321 | +97.80 | $1,223 |
| Gross Loans ($M) | ▼ | $886 | -5.86 | $892 |
| Loan Growth YoY (%) | ▼ | 74.32% | -5.87 | 80.19% |
| Total Deposits ($M) | ▲ | $1,179 | +79.03 | $1,100 |
| Shareholders Equity ($M) | ▲ | $135 | +18.52 | $117 |
| Tang. Book Value ($M) | ▲ | $132 | +18.52 | $114 |
| TBV excl. AOCI ($M)** | ▲ | $143 | +17.20 | $126 |
| Loan / Deposit Ratio (%) | ▼ | 74.32% | -5.87 | 80.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.05 | 0.06% |
| Allowance / Loans (%) | — | 1.13% | -0.00% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.38% | +1.28 | 13.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▇▇██▆█ | Net Interest Margin (%) | 3.59% | 3.66% | 4.09% | 4.13% | 4.22% | 4.18% | 4.04% | 4.18% |
| ▁▁▇▇██▇▇ | Return on Assets (%) | 1.49% | 1.53% | 2.10% | 2.10% | 2.19% | 2.25% | 2.11% | 2.15% |
| ██▃▂▁▁▂▂ | Efficiency Ratio (%) | 56.6% | 55.9% | 50.4% | 49.5% | 48.8% | 48.2% | 49.4% | 49.5% |
| █▄▃▄▄▁▁▁ | Cost of Funds (%) | 2.58% | 2.09% | 2.02% | 2.08% | 2.07% | 1.79% | 1.78% | 1.75% |
| ▇▅█▅▂▁▁▁ | NPA / Assets (%) | 0.08% | 0.06% | 0.10% | 0.06% | 0.02% | 0.01% | 0.01% | 0.01% |
| ▅▃█▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.06% | 0.04% | 0.10% | 0.04% | 0.03% | 0.02% | 0.02% | 0.02% |
| ▁▁▃▃▆███ | Tang. Book Value ($M) | $105 | $107 | $114 | $114 | $124 | $132 | $130 | $132 |
| ▁▁▂██▃▄▇ | Gross Loans ($M) | $851 | $855 | $862 | $892 | $893 | $863 | $868 | $886 |
| ▄▇▄▃▁███ | Total Deposits ($M) | $1,108 | $1,168 | $1,120 | $1,100 | $1,056 | $1,189 | $1,175 | $1,179 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 19% |
| Agricultural | 7% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 34% |