Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.95% | +0.32 | 2.63% |
| Return on Equity (%) | ▲ | 19.92% | +2.79 | 17.13% |
| Net Interest Margin (%) | ▲ | 5.12% | +0.01 | 5.11% |
| Efficiency Ratio (%) | ▲ | 26.23% | -6.92 | 33.15% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.96 | $4 |
| Cost of Funds (%) | ▼ | 1.48% | +0.17 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $574 | +78.83 | $495 |
| Gross Loans ($M) | ▲ | $403 | +20.83 | $382 |
| Loan Growth YoY (%) | ▼ | 84.04% | -8.53 | 92.58% |
| Total Deposits ($M) | ▲ | $475 | +65.34 | $410 |
| Shareholders Equity ($M) | ▲ | $84 | +8.68 | $75 |
| Tang. Book Value ($M) | ▲ | $82 | +9.13 | $73 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +9.29 | $75 |
| Loan / Deposit Ratio (%) | ▼ | 84.04% | -8.53 | 92.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.46% | -0.74 | 1.20% |
| Allowance / Loans (%) | — | 0.94% | 0.18% | 0.76% |
| Net Charge-Off Ratio (%) | ▲ | 0.46% | -0.82 | 1.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.07% | +0.77 | 14.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▇█▄▅ | Net Interest Margin (%) | 4.60% | 4.69% | 4.83% | 5.11% | 5.31% | 5.45% | 5.02% | 5.12% |
| ▃▁▂▅▆▆▇█ | Return on Assets (%) | 2.49% | 2.30% | 2.39% | 2.63% | 2.76% | 2.76% | 2.87% | 2.95% |
| ▄▆█▆▅▄▁▁ | Efficiency Ratio (%) | 30.7% | 33.4% | 35.9% | 33.1% | 32.2% | 31.1% | 26.8% | 26.2% |
| ▆▅▃▂▂▃▁█ | Cost of Funds (%) | 1.43% | 1.39% | 1.36% | 1.31% | 1.32% | 1.34% | 1.28% | 1.48% |
| ▇██▇▂▃▁▁ | NPA / Assets (%) | 1.28% | 1.41% | 1.31% | 1.20% | 0.62% | 0.74% | 0.49% | 0.46% |
| ▆███▂▃▁▁ | Net Charge-Off Ratio (%) | 1.10% | 1.33% | 1.30% | 1.28% | 0.57% | 0.74% | 0.45% | 0.46% |
| ▁▁▂▃▅▄▆█ | Tang. Book Value ($M) | $67 | $68 | $70 | $73 | $75 | $74 | $78 | $82 |
| ▁▁▂▃█▇█▆ | Gross Loans ($M) | $371 | $368 | $378 | $382 | $412 | $407 | $415 | $403 |
| ▁▁▁▃▄▄▆█ | Total Deposits ($M) | $377 | $379 | $387 | $410 | $423 | $424 | $446 | $475 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 13% |