Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.31 | 1.20% |
| Return on Equity (%) | ▲ | 14.61% | +2.19 | 12.42% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.36 | 3.44% |
| Efficiency Ratio (%) | ▲ | 61.81% | -1.98 | 63.79% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.38 | $3 |
| Cost of Funds (%) | ▲ | 1.91% | -0.16 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $896 | -16.98 | $913 |
| Gross Loans ($M) | ▼ | $755 | -1.55 | $757 |
| Loan Growth YoY (%) | ▲ | 98.40% | +1.38 | 97.02% |
| Total Deposits ($M) | ▼ | $759 | -12.56 | $771 |
| Shareholders Equity ($M) | ▲ | $94 | +4.96 | $90 |
| Tang. Book Value ($M) | ▲ | $83 | +5.60 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $86 | +5.53 | $81 |
| Loan / Deposit Ratio (%) | ▲ | 98.40% | +1.38 | 97.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.61% | +0.33 | 0.29% |
| Allowance / Loans (%) | — | 1.11% | 0.02% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.71% | +0.37 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.95% | +0.69 | 10.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄██ | Net Interest Margin (%) | 3.28% | 3.29% | 3.34% | 3.44% | 3.51% | 3.54% | 3.74% | 3.80% |
| ▁▁▁▃▄▅▇█ | Return on Assets (%) | 1.09% | 1.06% | 1.07% | 1.20% | 1.27% | 1.31% | 1.42% | 1.51% |
| █▇█▃▂▁▃▁ | Efficiency Ratio (%) | 67.1% | 66.4% | 66.8% | 63.8% | 62.7% | 62.2% | 63.7% | 61.8% |
| ▆█▆▄▆▆▁▁ | Cost of Funds (%) | 2.18% | 2.28% | 2.15% | 2.07% | 2.15% | 2.15% | 1.87% | 1.91% |
| ▁▂▃▄▅███ | NPA / Assets (%) | 0.02% | 0.13% | 0.19% | 0.29% | 0.35% | 0.66% | 0.61% | 0.61% |
| ▁▂▃▄▅███ | Net Charge-Off Ratio (%) | 0.03% | 0.15% | 0.23% | 0.34% | 0.41% | 0.77% | 0.72% | 0.71% |
| ▁▁▃▄▄▆▇█ | Tang. Book Value ($M) | $73 | $74 | $76 | $78 | $78 | $80 | $81 | $83 |
| ▁▇▇▆███▆ | Gross Loans ($M) | $718 | $765 | $763 | $757 | $769 | $767 | $773 | $755 |
| ▁▄▄█▃▅▁▆ | Total Deposits ($M) | $737 | $751 | $754 | $771 | $749 | $755 | $740 | $759 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 13% |
| Agricultural | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 2% |