Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.13% | +0.39 | 1.75% |
| Return on Equity (%) | ▲ | 19.60% | +0.98 | 18.62% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.36 | 2.99% |
| Efficiency Ratio (%) | ▲ | 37.27% | -5.37 | 42.64% |
| Pre-Provision Profit ($M) | ▲ | $9 | +2.00 | $7 |
| Cost of Funds (%) | ▲ | 2.63% | -0.29 | 2.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,575 | +43.84 | $1,531 |
| Gross Loans ($M) | ▲ | $1,089 | +15.82 | $1,073 |
| Loan Growth YoY (%) | ▼ | 88.04% | -0.67 | 88.71% |
| Total Deposits ($M) | ▲ | $1,219 | +26.79 | $1,193 |
| Shareholders Equity ($M) | ▲ | $178 | +35.35 | $143 |
| Tang. Book Value ($M) | ▲ | $175 | +35.35 | $140 |
| TBV excl. AOCI ($M)** | ▲ | $195 | +36.48 | $159 |
| Loan / Deposit Ratio (%) | ▼ | 88.04% | -0.67 | 88.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.45% | +1.53 | 0.92% |
| Allowance / Loans (%) | — | 1.39% | -0.00% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 3.49% | +2.18 | 1.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▆█ | Net Interest Margin (%) | 2.67% | 2.67% | 2.89% | 2.99% | 3.02% | 3.08% | 3.15% | 3.35% |
| ▂▁▁▃▃▄▆█ | Return on Assets (%) | 1.68% | 1.59% | 1.65% | 1.75% | 1.77% | 1.83% | 1.94% | 2.13% |
| ██▆▅▄▃▂▁ | Efficiency Ratio (%) | 47.0% | 47.7% | 44.6% | 42.6% | 42.1% | 41.1% | 39.6% | 37.3% |
| ██▆▅▅▁▂▂ | Cost of Funds (%) | 3.18% | 3.10% | 2.96% | 2.91% | 2.89% | 2.51% | 2.67% | 2.63% |
| ▁▁▃▃▄▃██ | NPA / Assets (%) | 0.51% | 0.35% | 0.90% | 0.92% | 1.24% | 1.06% | 2.46% | 2.45% |
| ▁▁▃▃▄▃██ | Net Charge-Off Ratio (%) | 0.71% | 0.50% | 1.28% | 1.31% | 1.71% | 1.48% | 3.51% | 3.49% |
| ▁▁▁▁▄▇▆█ | Tang. Book Value ($M) | $137 | $139 | $135 | $140 | $155 | $167 | $161 | $175 |
| ▁▁▂▆▆▇▇█ | Gross Loans ($M) | $1,026 | $1,026 | $1,036 | $1,073 | $1,073 | $1,080 | $1,074 | $1,089 |
| ▁▆▁▄▄▅▇█ | Total Deposits ($M) | $1,172 | $1,204 | $1,168 | $1,193 | $1,193 | $1,199 | $1,209 | $1,219 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 5% |
| Agricultural | 8% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 25% |