Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.12 | 0.90% |
| Return on Equity (%) | ▲ | 11.08% | +1.04 | 10.04% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.16 | 3.12% |
| Efficiency Ratio (%) | ▲ | 68.84% | -3.88 | 72.72% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $2 |
| Cost of Funds (%) | ▲ | 1.94% | -0.07 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $728 | +43.35 | $685 |
| Gross Loans ($M) | ▲ | $398 | +11.15 | $387 |
| Loan Growth YoY (%) | ▼ | 59.55% | -2.34 | 61.90% |
| Total Deposits ($M) | ▲ | $655 | +42.11 | $613 |
| Shareholders Equity ($M) | ▲ | $68 | +7.82 | $60 |
| Tang. Book Value ($M) | ▲ | $68 | +7.82 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +9.30 | $73 |
| Loan / Deposit Ratio (%) | ▼ | 59.55% | -2.34 | 61.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.28% | -0.01 | 0.29% |
| Allowance / Loans (%) | — | 2.03% | 0.06% | 1.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.09% | +0.01 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.55% | +0.79 | 13.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▅▇█ | Net Interest Margin (%) | 2.93% | 2.97% | 3.11% | 3.12% | 3.12% | 3.15% | 3.20% | 3.28% |
| ▁▁▅▅▅▅██ | Return on Assets (%) | 0.73% | 0.72% | 0.89% | 0.90% | 0.91% | 0.91% | 1.00% | 1.02% |
| ██▅▄▄▄▁▁ | Efficiency Ratio (%) | 77.8% | 77.7% | 73.5% | 72.7% | 72.3% | 72.3% | 69.1% | 68.8% |
| ▁▂▁▅█▆▂▁ | Cost of Funds (%) | 1.94% | 1.95% | 1.93% | 2.01% | 2.07% | 2.03% | 1.96% | 1.94% |
| █▇▆▃▁▁▂▁ | NPA / Assets (%) | 0.35% | 0.34% | 0.32% | 0.29% | 0.27% | 0.28% | 0.28% | 0.28% |
| █▇▄▃▁▃▆▅ | Net Charge-Off Ratio (%) | 0.12% | 0.11% | 0.09% | 0.08% | 0.07% | 0.08% | 0.10% | 0.09% |
| ▂▁▂▁▆▇▆█ | Tang. Book Value ($M) | $62 | $60 | $61 | $60 | $65 | $67 | $65 | $68 |
| ▁▂▆▆▆▄▇█ | Gross Loans ($M) | $362 | $371 | $386 | $387 | $385 | $379 | $392 | $398 |
| ▁▂▄▅▆▇██ | Total Deposits ($M) | $549 | $565 | $600 | $613 | $628 | $636 | $652 | $655 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 20% |