Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.14 | 1.35% |
| Return on Equity (%) | ▲ | 14.03% | +0.97 | 13.06% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.27 | 3.91% |
| Efficiency Ratio (%) | ▲ | 58.93% | -0.64 | 59.57% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.44 | $3 |
| Cost of Funds (%) | ▼ | 1.18% | +0.03 | 1.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $816 | +44.51 | $772 |
| Gross Loans ($M) | ▲ | $564 | +39.48 | $524 |
| Loan Growth YoY (%) | ▲ | 76.81% | +1.27 | 75.54% |
| Total Deposits ($M) | ▲ | $723 | +39.27 | $684 |
| Shareholders Equity ($M) | ▲ | $87 | +5.83 | $81 |
| Tang. Book Value ($M) | ▲ | $84 | +5.91 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $93 | +6.69 | $87 |
| Loan / Deposit Ratio (%) | ▲ | 76.81% | +1.27 | 75.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.10 | 0.14% |
| Allowance / Loans (%) | — | 1.50% | 0.01% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.14 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.48% | -0.30 | 15.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 3.58% | 3.64% | 3.81% | 3.91% | 3.99% | 4.05% | 4.13% | 4.18% |
| ▁▁▃▅▇█▇█ | Return on Assets (%) | 1.21% | 1.22% | 1.29% | 1.35% | 1.43% | 1.46% | 1.44% | 1.48% |
| ██▇▅▂▁▆▄ | Efficiency Ratio (%) | 62.0% | 62.0% | 61.2% | 59.6% | 57.8% | 57.0% | 60.2% | 58.9% |
| █▆▄▂▂▁▁▃ | Cost of Funds (%) | 1.35% | 1.28% | 1.22% | 1.15% | 1.16% | 1.10% | 1.11% | 1.18% |
| █▂▂▅▂▂▂▁ | NPA / Assets (%) | 0.20% | 0.07% | 0.07% | 0.14% | 0.07% | 0.07% | 0.07% | 0.04% |
| █▂▂▅▂▂▂▁ | Net Charge-Off Ratio (%) | 0.29% | 0.11% | 0.10% | 0.20% | 0.10% | 0.11% | 0.10% | 0.06% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $74 | $74 | $76 | $78 | $80 | $81 | $82 | $84 |
| ▁▂▂▄▅▇▇█ | Gross Loans ($M) | $496 | $508 | $506 | $524 | $533 | $551 | $552 | $564 |
| ▁▄▃▄▄▇██ | Total Deposits ($M) | $656 | $682 | $674 | $684 | $686 | $708 | $717 | $723 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 8% |