Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.56 | 0.85% |
| Return on Equity (%) | ▲ | 13.62% | +4.05 | 9.57% |
| Net Interest Margin (%) | ▲ | 3.04% | +0.84 | 2.20% |
| Efficiency Ratio (%) | ▲ | 51.21% | -10.88 | 62.09% |
| Pre-Provision Profit ($M) | ▲ | $6 | +2.29 | $4 |
| Cost of Funds (%) | ▲ | 2.29% | -0.52 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,598 | -26.81 | $1,625 |
| Gross Loans ($M) | ▲ | $1,304 | +5.56 | $1,299 |
| Loan Growth YoY (%) | ▲ | 102.79% | +2.81 | 99.98% |
| Total Deposits ($M) | ▼ | $1,255 | -30.46 | $1,286 |
| Shareholders Equity ($M) | ▲ | $173 | +25.19 | $147 |
| Tang. Book Value ($M) | ▲ | $173 | +25.19 | $147 |
| TBV excl. AOCI ($M)** | ▲ | $184 | +24.35 | $160 |
| Loan / Deposit Ratio (%) | ▲ | 102.79% | +2.81 | 99.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.06% | 0.05% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.41% | +0.79 | 12.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 1.64% | 1.75% | 2.08% | 2.20% | 2.33% | 2.44% | 2.95% | 3.04% |
| ▁▁▃▅▅▆██ | Return on Assets (%) | 0.28% | 0.40% | 0.70% | 0.85% | 0.94% | 1.05% | 1.33% | 1.41% |
| █▇▄▃▃▂▁▁ | Efficiency Ratio (%) | 83.4% | 77.7% | 66.6% | 62.1% | 59.6% | 56.4% | 52.4% | 51.2% |
| █▆▆▅▅▂▂▁ | Cost of Funds (%) | 3.25% | 2.96% | 2.96% | 2.81% | 2.77% | 2.50% | 2.41% | 2.29% |
| ▅▄▂▁██▁▁ | NPA / Assets (%) | 0.03% | 0.02% | 0.02% | 0.01% | 0.04% | 0.04% | 0.01% | 0.01% |
| ▆▅▃▁▇█▂▂ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.01% | 0.00% | 0.04% | 0.05% | 0.01% | 0.01% |
| ▁▁▁▁▄▆▆█ | Tang. Book Value ($M) | $146 | $145 | $144 | $147 | $156 | $163 | $164 | $173 |
| ▅█▅▂▁▆▁▃ | Gross Loans ($M) | $1,310 | $1,324 | $1,310 | $1,299 | $1,294 | $1,315 | $1,297 | $1,304 |
| ▄▁▆█▇▆▇▇ | Total Deposits ($M) | $1,206 | $1,154 | $1,250 | $1,286 | $1,253 | $1,245 | $1,258 | $1,255 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 18% |