Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.24 | 1.27% |
| Return on Equity (%) | ▲ | 14.83% | +1.37 | 13.46% |
| Net Interest Margin (%) | ▲ | 3.53% | +0.39 | 3.14% |
| Efficiency Ratio (%) | ▲ | 54.07% | -1.83 | 55.90% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.90 | $4 |
| Cost of Funds (%) | ▲ | 2.11% | -0.04 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,135 | +34.61 | $1,100 |
| Gross Loans ($M) | ▲ | $908 | +60.31 | $848 |
| Loan Growth YoY (%) | ▼ | 90.82% | -2.94 | 93.76% |
| Total Deposits ($M) | ▲ | $990 | +94.52 | $895 |
| Shareholders Equity ($M) | ▲ | $115 | +11.93 | $103 |
| Tang. Book Value ($M) | ▲ | $99 | +11.03 | $88 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +10.54 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 90.82% | -2.94 | 93.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.19% | +0.09 | 0.10% |
| Allowance / Loans (%) | — | 0.97% | 0.03% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.11 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.56% | +0.33 | 11.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.85% | 2.93% | 3.09% | 3.14% | 3.24% | 3.30% | 3.49% | 3.53% |
| ▁▂▅▅▆▇██ | Return on Assets (%) | 1.00% | 1.10% | 1.27% | 1.27% | 1.35% | 1.39% | 1.45% | 1.51% |
| █▇▂▃▁▂▁▁ | Efficiency Ratio (%) | 61.0% | 59.5% | 55.7% | 55.9% | 54.7% | 55.1% | 54.7% | 54.1% |
| █▆▂▃▅▃▁▂ | Cost of Funds (%) | 2.47% | 2.31% | 2.09% | 2.15% | 2.30% | 2.14% | 2.02% | 2.11% |
| ▁▁▁▄▄▄▅█ | NPA / Assets (%) | 0.03% | 0.03% | 0.02% | 0.10% | 0.10% | 0.10% | 0.11% | 0.19% |
| ▁▁▁▅▄▄▅█ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.03% | 0.13% | 0.12% | 0.12% | 0.13% | 0.24% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $85 | $84 | $87 | $88 | $93 | $97 | $98 | $99 |
| ▁▂▁▄▅▇▇█ | Gross Loans ($M) | $795 | $816 | $808 | $848 | $852 | $886 | $883 | $908 |
| ▁▁▃▂▄▆▇█ | Total Deposits ($M) | $881 | $869 | $904 | $895 | $925 | $953 | $970 | $990 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 14% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 11% |