Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.29 | 1.56% |
| Return on Equity (%) | ▲ | 18.63% | +1.24 | 17.39% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.48 | 3.56% |
| Efficiency Ratio (%) | ▲ | 47.56% | -3.28 | 50.84% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.40 | $6 |
| Cost of Funds (%) | ▲ | 1.23% | -0.34 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,315 | +15.01 | $1,300 |
| Gross Loans ($M) | ▲ | $911 | +73.09 | $837 |
| Loan Growth YoY (%) | ▲ | 77.71% | +6.26 | 71.45% |
| Total Deposits ($M) | ▼ | $1,161 | -0.69 | $1,162 |
| Shareholders Equity ($M) | ▲ | $130 | +14.17 | $116 |
| Tang. Book Value ($M) | ▲ | $127 | +14.21 | $113 |
| TBV excl. AOCI ($M)** | ▲ | $140 | +12.56 | $127 |
| Loan / Deposit Ratio (%) | ▲ | 77.71% | +6.26 | 71.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.04 | 0.05% |
| Allowance / Loans (%) | — | 0.93% | 0.03% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.06 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -16.96 | 16.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 3.44% | 3.47% | 3.48% | 3.56% | 3.64% | 3.72% | 3.94% | 4.04% |
| ▁▁▂▃▄▅▇█ | Return on Assets (%) | 1.42% | 1.46% | 1.52% | 1.56% | 1.61% | 1.63% | 1.77% | 1.85% |
| ██▅▄▄▃▂▁ | Efficiency Ratio (%) | 54.5% | 53.8% | 51.4% | 50.8% | 50.5% | 49.8% | 48.7% | 47.6% |
| █▇▅▅▅▂▁▁ | Cost of Funds (%) | 1.80% | 1.66% | 1.54% | 1.57% | 1.57% | 1.36% | 1.27% | 1.23% |
| ▁▂▁▁▁██▁ | NPA / Assets (%) | 0.01% | 0.10% | 0.05% | 0.05% | 0.06% | 0.40% | 0.40% | 0.01% |
| ▁▃▁▁▂██▁ | Net Charge-Off Ratio (%) | 0.01% | 0.16% | 0.08% | 0.08% | 0.08% | 0.58% | 0.57% | 0.02% |
| ▁▁▂▃▆▇▇█ | Tang. Book Value ($M) | $107 | $106 | $110 | $113 | $120 | $123 | $124 | $127 |
| ▁▂▃▃▄▇▇█ | Gross Loans ($M) | $806 | $829 | $838 | $837 | $852 | $887 | $895 | $911 |
| ▁▃▄█▅▆▄█ | Total Deposits ($M) | $1,061 | $1,098 | $1,101 | $1,162 | $1,123 | $1,127 | $1,111 | $1,161 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 12% |