Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.60% | +0.23 | 1.37% |
| Return on Equity (%) | ▲ | 15.18% | +0.55 | 14.63% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.28 | 3.40% |
| Efficiency Ratio (%) | ▲ | 45.75% | -3.70 | 49.45% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.29 | $6 |
| Cost of Funds (%) | ▲ | 2.07% | -0.13 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,257 | +58.17 | $1,199 |
| Gross Loans ($M) | ▲ | $905 | +53.49 | $851 |
| Loan Growth YoY (%) | ▲ | 102.38% | +7.05 | 95.33% |
| Total Deposits ($M) | ▼ | $873 | -9.81 | $883 |
| Shareholders Equity ($M) | ▲ | $137 | +23.14 | $114 |
| Tang. Book Value ($M) | ▲ | $131 | +23.20 | $107 |
| TBV excl. AOCI ($M)** | ▲ | $144 | +23.16 | $121 |
| Loan / Deposit Ratio (%) | ▲ | 102.38% | +7.05 | 95.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -1.03 | 1.08% |
| Allowance / Loans (%) | — | 1.19% | 0.07% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -1.45 | 1.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄██ | Net Interest Margin (%) | 3.27% | 3.28% | 3.36% | 3.40% | 3.44% | 3.47% | 3.64% | 3.68% |
| ▁▁▂▄▄▇▆█ | Return on Assets (%) | 1.24% | 1.22% | 1.29% | 1.37% | 1.40% | 1.50% | 1.49% | 1.60% |
| ▇▇█▅▄▃▅▁ | Efficiency Ratio (%) | 50.5% | 51.1% | 51.9% | 49.5% | 48.5% | 47.5% | 49.4% | 45.8% |
| █▆▃▂▃▃▁▁ | Cost of Funds (%) | 2.76% | 2.53% | 2.25% | 2.20% | 2.31% | 2.30% | 2.13% | 2.07% |
| ▆▅█▃▁▁▁▁ | NPA / Assets (%) | 2.04% | 1.86% | 3.02% | 1.08% | 0.41% | 0.18% | 0.18% | 0.04% |
| ▆▅█▃▁▁▁▁ | Net Charge-Off Ratio (%) | 3.04% | 2.72% | 4.39% | 1.52% | 0.59% | 0.26% | 0.26% | 0.06% |
| ▁▁▁▂▄▆▆█ | Tang. Book Value ($M) | $102 | $101 | $103 | $107 | $114 | $123 | $123 | $131 |
| ▁▁▁▅▆▆▆█ | Gross Loans ($M) | $794 | $794 | $798 | $851 | $869 | $875 | $877 | $905 |
| ▁▆█▆▄█▇▅ | Total Deposits ($M) | $824 | $888 | $917 | $883 | $870 | $917 | $895 | $873 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 9% |
| Agricultural | 17% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 16% |