Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.25% | -0.10 | 1.35% |
| Return on Equity (%) | ▼ | 15.40% | -5.09 | 20.49% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.38 | 3.71% |
| Efficiency Ratio (%) | ▲ | 57.09% | -0.68 | 57.77% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.32 | $8 |
| Cost of Funds (%) | ▲ | 1.62% | -0.38 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,853 | +97.79 | $1,756 |
| Gross Loans ($M) | ▲ | $1,364 | +95.76 | $1,269 |
| Loan Growth YoY (%) | ▲ | 81.66% | +2.21 | 79.46% |
| Total Deposits ($M) | ▲ | $1,649 | +73.29 | $1,575 |
| Shareholders Equity ($M) | ▲ | $151 | +26.82 | $124 |
| Tang. Book Value ($M) | ▲ | $151 | +26.82 | $124 |
| TBV excl. AOCI ($M)** | ▲ | $166 | +26.91 | $139 |
| Loan / Deposit Ratio (%) | ▲ | 81.66% | +2.21 | 79.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.73% | +1.15 | 0.58% |
| Allowance / Loans (%) | — | 1.31% | -0.01% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 2.35% | +1.54 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.28% | +0.86 | 10.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 3.45% | 3.48% | 3.55% | 3.71% | 3.84% | 3.90% | 4.07% | 4.09% |
| ▆▃█▄▃▄▁▁ | Return on Assets (%) | 1.44% | 1.32% | 1.51% | 1.35% | 1.34% | 1.35% | 1.27% | 1.25% |
| █▆▆▂▁▁▁▂ | Efficiency Ratio (%) | 63.9% | 61.3% | 61.2% | 57.8% | 56.1% | 55.8% | 56.4% | 57.1% |
| ███▇▅▄▁▁ | Cost of Funds (%) | 2.04% | 2.08% | 2.04% | 2.00% | 1.88% | 1.80% | 1.60% | 1.62% |
| ▁▁▁▃▂▄▅█ | NPA / Assets (%) | 0.18% | 0.11% | 0.27% | 0.58% | 0.50% | 0.74% | 1.11% | 1.73% |
| ▁▁▁▃▂▄▅█ | Net Charge-Off Ratio (%) | 0.24% | 0.16% | 0.39% | 0.81% | 0.69% | 1.05% | 1.51% | 2.35% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $107 | $107 | $117 | $124 | $133 | $141 | $144 | $151 |
| ▁▂▃▄▅▄▅█ | Gross Loans ($M) | $1,187 | $1,215 | $1,243 | $1,269 | $1,280 | $1,261 | $1,284 | $1,364 |
| ▁▆▇▅▅▆▄█ | Total Deposits ($M) | $1,454 | $1,578 | $1,619 | $1,575 | $1,562 | $1,586 | $1,539 | $1,649 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 17% |
| Agricultural | 15% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 16% |