Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.20% | -0.88 | 1.07% |
| Return on Equity (%) | ▼ | 2.00% | -10.66 | 12.66% |
| Net Interest Margin (%) | ▼ | 3.65% | -0.16 | 3.82% |
| Efficiency Ratio (%) | ▼ | 65.55% | +7.26 | 58.29% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.57 | $4 |
| Cost of Funds (%) | ▲ | 1.91% | -0.11 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,436 | -48.80 | $1,485 |
| Gross Loans ($M) | ▲ | $1,012 | +39.27 | $973 |
| Loan Growth YoY (%) | ▲ | 81.98% | +7.67 | 74.31% |
| Total Deposits ($M) | ▼ | $1,221 | -73.93 | $1,295 |
| Shareholders Equity ($M) | ▲ | $142 | +8.08 | $134 |
| Tang. Book Value ($M) | ▲ | $127 | +10.00 | $117 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +8.62 | $133 |
| Loan / Deposit Ratio (%) | ▲ | 81.98% | +7.67 | 74.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.04% | +0.70 | 0.35% |
| Allowance / Loans (%) | — | 1.12% | 0.01% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 1.48% | +0.96 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.58% | -0.11 | 12.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▆▃▂▂▃ | Net Interest Margin (%) | 3.54% | 3.57% | 3.98% | 3.82% | 3.68% | 3.64% | 3.61% | 3.65% |
| ▇▇█▇▇▇▁▄ | Return on Assets (%) | 0.92% | 0.83% | 1.36% | 1.07% | 1.02% | 0.96% | -0.82% | 0.20% |
| ▇█▁▄▆▇██ | Efficiency Ratio (%) | 64.1% | 66.3% | 50.7% | 58.3% | 61.1% | 63.9% | 66.3% | 65.5% |
| ▆▂▁▆█▇▅▅ | Cost of Funds (%) | 2.00% | 1.69% | 1.57% | 2.02% | 2.17% | 2.05% | 1.93% | 1.91% |
| ▃▃▁▃▅▁▃█ | NPA / Assets (%) | 0.32% | 0.32% | 0.08% | 0.35% | 0.65% | 0.07% | 0.42% | 1.04% |
| ▃▃▁▃▆▁▃█ | Net Charge-Off Ratio (%) | 0.51% | 0.51% | 0.11% | 0.52% | 0.97% | 0.11% | 0.62% | 1.48% |
| ▁▁▃▄▇█▇▇ | Tang. Book Value ($M) | $111 | $109 | $115 | $117 | $126 | $131 | $127 | $127 |
| ▁▁▃▄▅▆▅█ | Gross Loans ($M) | $943 | $952 | $962 | $973 | $978 | $991 | $981 | $1,012 |
| ▅▆█▄▁▄▃▁ | Total Deposits ($M) | $1,311 | $1,342 | $1,397 | $1,295 | $1,201 | $1,278 | $1,255 | $1,221 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 11% |
| Agricultural | 13% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |