Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.22 | 1.04% |
| Return on Equity (%) | ▼ | 13.08% | -0.90 | 13.98% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.55 | 3.80% |
| Efficiency Ratio (%) | ▲ | 63.95% | -2.49 | 66.44% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.15 | $4 |
| Cost of Funds (%) | ▲ | 1.27% | -0.13 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,296 | +69.07 | $1,227 |
| Gross Loans ($M) | ▲ | $888 | +47.52 | $841 |
| Loan Growth YoY (%) | ▲ | 82.68% | +4.54 | 78.14% |
| Total Deposits ($M) | ▼ | $1,063 | -2.69 | $1,066 |
| Shareholders Equity ($M) | ▲ | $128 | +31.60 | $97 |
| Tang. Book Value ($M) | ▲ | $117 | +31.75 | $86 |
| TBV excl. AOCI ($M)** | ▲ | $132 | +32.51 | $99 |
| Loan / Deposit Ratio (%) | ▲ | 82.68% | +4.54 | 78.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.70 | 0.18% |
| Allowance / Loans (%) | — | 1.07% | 0.10% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +1.02 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.77% | +0.43 | 13.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 3.53% | 3.58% | 3.69% | 3.80% | 3.91% | 4.03% | 4.33% | 4.35% |
| ▁▁▂▃▇▅▆█ | Return on Assets (%) | 0.91% | 0.91% | 0.98% | 1.04% | 1.19% | 1.09% | 1.13% | 1.26% |
| ███▇▁▃█▆ | Efficiency Ratio (%) | 69.3% | 68.7% | 68.8% | 66.4% | 50.9% | 56.0% | 67.3% | 63.9% |
| █▅▅▅▇▃▁▂ | Cost of Funds (%) | 1.58% | 1.41% | 1.38% | 1.40% | 1.48% | 1.33% | 1.18% | 1.27% |
| ▁▁▁▁▃▃▃█ | NPA / Assets (%) | 0.12% | 0.12% | 0.21% | 0.18% | 0.33% | 0.32% | 0.34% | 0.88% |
| ▁▁▂▁▃▃▃█ | Net Charge-Off Ratio (%) | 0.19% | 0.18% | 0.33% | 0.26% | 0.47% | 0.46% | 0.49% | 1.28% |
| ▁▁▂▃▆▇▇█ | Tang. Book Value ($M) | $80 | $75 | $81 | $86 | $102 | $108 | $109 | $117 |
| ▁▁▃▅▇▆▇█ | Gross Loans ($M) | $789 | $801 | $817 | $841 | $865 | $858 | $870 | $888 |
| ▇▃█▃▄▁█▃ | Total Deposits ($M) | $1,113 | $1,067 | $1,131 | $1,066 | $1,073 | $1,035 | $1,133 | $1,063 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 7% |