Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.34 | 0.62% |
| Return on Equity (%) | ▲ | 10.67% | +3.20 | 7.47% |
| Net Interest Margin (%) | ▲ | 3.05% | +0.30 | 2.75% |
| Efficiency Ratio (%) | ▲ | 60.86% | -6.44 | 67.30% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.17 | $4 |
| Cost of Funds (%) | ▲ | 1.97% | -0.07 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,732 | +82.11 | $1,650 |
| Gross Loans ($M) | ▲ | $1,191 | +66.39 | $1,124 |
| Loan Growth YoY (%) | ▲ | 82.83% | +1.18 | 81.65% |
| Total Deposits ($M) | ▲ | $1,421 | +60.09 | $1,361 |
| Shareholders Equity ($M) | ▲ | $156 | +20.38 | $136 |
| Tang. Book Value ($M) | ▲ | $134 | +20.66 | $113 |
| TBV excl. AOCI ($M)** | ▲ | $152 | +21.25 | $131 |
| Loan / Deposit Ratio (%) | ▲ | 82.83% | +1.18 | 81.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.11 | 0.28% |
| Allowance / Loans (%) | — | 1.18% | -0.02% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.09 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.55% | +0.54 | 12.01% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.33% | 2.38% | 2.66% | 2.75% | 2.79% | 2.88% | 2.97% | 3.05% |
| ▁▁▃▃▅▅██ | Return on Assets (%) | 0.43% | 0.45% | 0.57% | 0.62% | 0.70% | 0.75% | 0.94% | 0.95% |
| ██▄▄▃▃▁▁ | Efficiency Ratio (%) | 78.4% | 78.5% | 69.2% | 67.3% | 65.8% | 66.6% | 60.0% | 60.9% |
| █▆▂▃▃▁▁▂ | Cost of Funds (%) | 2.41% | 2.26% | 2.01% | 2.05% | 2.06% | 1.97% | 1.91% | 1.97% |
| ██▄▄▁▂▂▂ | NPA / Assets (%) | 0.51% | 0.52% | 0.32% | 0.28% | 0.12% | 0.17% | 0.19% | 0.18% |
| ██▄▁▁▂▂▂ | Net Charge-Off Ratio (%) | 0.78% | 0.77% | 0.47% | 0.17% | 0.18% | 0.25% | 0.27% | 0.26% |
| ▂▁▁▁▅▆██ | Tang. Book Value ($M) | $115 | $112 | $113 | $113 | $124 | $128 | $132 | $134 |
| ▁▃▃▄▅▆██ | Gross Loans ($M) | $1,058 | $1,104 | $1,095 | $1,124 | $1,142 | $1,165 | $1,205 | $1,191 |
| ▁▃▅▂▆▁██ | Total Deposits ($M) | $1,352 | $1,373 | $1,395 | $1,361 | $1,396 | $1,350 | $1,423 | $1,421 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 10% |
| Agricultural | 13% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 15% |