Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.60% | +0.24 | 1.35% |
| Return on Equity (%) | ▲ | 20.71% | +0.51 | 20.20% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.14 | 4.28% |
| Efficiency Ratio (%) | ▲ | 60.92% | -6.72 | 67.64% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.43 | $4 |
| Cost of Funds (%) | ▲ | 1.84% | -0.17 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $843 | +30.16 | $813 |
| Gross Loans ($M) | ▲ | $614 | +49.36 | $565 |
| Loan Growth YoY (%) | ▲ | 85.57% | +7.80 | 77.77% |
| Total Deposits ($M) | ▼ | $704 | -8.49 | $713 |
| Shareholders Equity ($M) | ▲ | $69 | +12.57 | $56 |
| Tang. Book Value ($M) | ▲ | $67 | +13.21 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +12.24 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 85.57% | +7.80 | 77.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.59% | +0.25 | 0.35% |
| Allowance / Loans (%) | — | 1.92% | 0.01% | 1.91% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.29 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.44% | +0.55 | 11.89% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇▇█▇█ | Net Interest Margin (%) | 3.50% | 3.58% | 3.99% | 4.28% | 4.30% | 4.32% | 4.28% | 4.42% |
| ▁▁▃▆▆▆██ | Return on Assets (%) | 0.75% | 0.84% | 1.05% | 1.35% | 1.37% | 1.35% | 1.52% | 1.60% |
| ██▆▄▄▃▁▁ | Efficiency Ratio (%) | 74.9% | 73.8% | 71.3% | 67.6% | 66.3% | 65.7% | 61.9% | 60.9% |
| ██▅▃▃▃▁▁ | Cost of Funds (%) | 2.39% | 2.35% | 2.15% | 2.00% | 2.02% | 1.98% | 1.89% | 1.84% |
| ▁▂▁▁█▂▄▄ | NPA / Assets (%) | 0.33% | 0.45% | 0.40% | 0.35% | 0.92% | 0.46% | 0.62% | 0.59% |
| ▁▂▁▁█▂▄▃ | Net Charge-Off Ratio (%) | 0.49% | 0.65% | 0.57% | 0.50% | 1.31% | 0.63% | 0.82% | 0.79% |
| ▃▁▁▂▅▆▆█ | Tang. Book Value ($M) | $56 | $50 | $52 | $54 | $60 | $62 | $63 | $67 |
| ▁▂▃▃▅▇██ | Gross Loans ($M) | $537 | $548 | $560 | $565 | $584 | $603 | $608 | $614 |
| ▁▅██▇▅▂▆ | Total Deposits ($M) | $683 | $700 | $716 | $713 | $709 | $701 | $690 | $704 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 10% |
| Agricultural | 3% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 10% |