Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.92% | -0.11 | 1.03% |
| Return on Equity (%) | ▼ | 8.93% | -2.27 | 11.20% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.34 | 3.71% |
| Efficiency Ratio (%) | ▲ | 60.66% | -7.72 | 68.38% |
| Pre-Provision Profit ($M) | ▲ | $6 | +2.04 | $4 |
| Cost of Funds (%) | ▲ | 1.29% | -0.16 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,444 | +248.63 | $1,195 |
| Gross Loans ($M) | ▲ | $864 | +74.20 | $789 |
| Loan Growth YoY (%) | ▼ | 71.71% | -0.80 | 72.51% |
| Total Deposits ($M) | ▲ | $1,192 | +114.75 | $1,077 |
| Shareholders Equity ($M) | ▲ | $151 | +38.97 | $112 |
| Tang. Book Value ($M) | ▲ | $120 | +38.62 | $82 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +48.81 | $93 |
| Loan / Deposit Ratio (%) | ▼ | 71.71% | -0.80 | 72.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.32 | 0.39% |
| Allowance / Loans (%) | — | 1.04% | -0.03% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.12% | -0.21 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.13% | -0.35 | 15.48% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▆▆██ | Net Interest Margin (%) | 3.14% | 3.27% | 3.64% | 3.71% | 3.73% | 3.84% | 4.08% | 4.05% |
| ▁▂▄▄▄▅█▃ | Return on Assets (%) | 0.77% | 0.85% | 0.97% | 1.03% | 1.02% | 1.05% | 1.29% | 0.92% |
| ██▅▄▄▄▂▁ | Efficiency Ratio (%) | 78.1% | 76.4% | 69.9% | 68.4% | 69.0% | 69.2% | 63.7% | 60.7% |
| █▆▃▃▄▂▁▁ | Cost of Funds (%) | 1.84% | 1.66% | 1.46% | 1.46% | 1.51% | 1.38% | 1.23% | 1.29% |
| ▃████▆▁▁ | NPA / Assets (%) | 0.18% | 0.36% | 0.36% | 0.39% | 0.38% | 0.30% | 0.10% | 0.07% |
| █▇▇██▄▂▁ | Net Charge-Off Ratio (%) | 0.31% | 0.29% | 0.28% | 0.32% | 0.30% | 0.20% | 0.15% | 0.12% |
| ▂▁▁▂▃▄▃█ | Tang. Book Value ($M) | $81 | $75 | $79 | $82 | $89 | $94 | $88 | $120 |
| ▁▃▄▄▅▆██ | Gross Loans ($M) | $722 | $767 | $785 | $789 | $805 | $825 | $853 | $864 |
| ▃▁▂▂▁▁▂█ | Total Deposits ($M) | $1,108 | $1,072 | $1,077 | $1,077 | $1,069 | $1,058 | $1,087 | $1,192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 11% |