Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.44 | 1.04% |
| Return on Equity (%) | ▲ | 14.77% | +2.82 | 11.95% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.46 | 3.28% |
| Efficiency Ratio (%) | ▲ | 58.70% | -9.03 | 67.73% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.24 | $3 |
| Cost of Funds (%) | ▲ | 1.40% | -0.07 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $993 | +73.76 | $919 |
| Gross Loans ($M) | ▲ | $646 | +74.89 | $571 |
| Loan Growth YoY (%) | ▲ | 78.56% | +7.98 | 70.57% |
| Total Deposits ($M) | ▲ | $811 | +14.12 | $797 |
| Shareholders Equity ($M) | ▲ | $101 | +16.63 | $84 |
| Tang. Book Value ($M) | ▲ | $96 | +16.84 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $109 | +15.97 | $93 |
| Loan / Deposit Ratio (%) | ▲ | 78.56% | +7.98 | 70.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.04 | 0.10% |
| Allowance / Loans (%) | — | 1.47% | -0.16% | 1.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.21% | +0.05 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.02% | -0.86 | 16.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆▇█ | Net Interest Margin (%) | 2.79% | 2.85% | 3.12% | 3.28% | 3.37% | 3.43% | 3.58% | 3.74% |
| ▁▁▂▄▅▆██ | Return on Assets (%) | 0.66% | 0.72% | 0.81% | 1.04% | 1.10% | 1.21% | 1.40% | 1.47% |
| ██▆▄▃▃▁▁ | Efficiency Ratio (%) | 77.9% | 76.2% | 71.6% | 67.7% | 65.8% | 63.8% | 60.5% | 58.7% |
| █▇▄▂▁▁▁▁ | Cost of Funds (%) | 1.77% | 1.71% | 1.56% | 1.47% | 1.41% | 1.39% | 1.43% | 1.40% |
| ▃▁▁▂█▇▄▄ | NPA / Assets (%) | 0.12% | 0.08% | 0.08% | 0.10% | 0.21% | 0.18% | 0.14% | 0.14% |
| ▃▁▁▂█▆▄▄ | Net Charge-Off Ratio (%) | 0.21% | 0.13% | 0.14% | 0.16% | 0.34% | 0.28% | 0.22% | 0.21% |
| ▂▁▂▄▅▇▇█ | Tang. Book Value ($M) | $74 | $68 | $73 | $79 | $85 | $91 | $91 | $96 |
| ▁▁▂▂▃▆██ | Gross Loans ($M) | $557 | $554 | $572 | $571 | $584 | $616 | $638 | $646 |
| ▁▂▆▆▂▃▅█ | Total Deposits ($M) | $768 | $778 | $795 | $797 | $778 | $779 | $792 | $811 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 11% |
| Agricultural | 10% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |