Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.96% | +0.53 | 1.43% |
| Return on Equity (%) | ▲ | 20.59% | +4.97 | 15.62% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.16 | 3.63% |
| Efficiency Ratio (%) | ▲ | 48.62% | -4.75 | 53.37% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.60 | $5 |
| Cost of Funds (%) | ▲ | 1.73% | -0.11 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,329 | +114.36 | $1,214 |
| Gross Loans ($M) | ▲ | $865 | +41.85 | $823 |
| Loan Growth YoY (%) | ▼ | 71.34% | -3.16 | 74.51% |
| Total Deposits ($M) | ▲ | $1,200 | +105.16 | $1,095 |
| Shareholders Equity ($M) | ▲ | $125 | +9.46 | $115 |
| Tang. Book Value ($M) | ▲ | $122 | +10.74 | $111 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +13.81 | $128 |
| Loan / Deposit Ratio (%) | ▼ | 71.34% | -3.16 | 74.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.16 | 0.06% |
| Allowance / Loans (%) | — | 1.00% | 0.13% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.34% | +0.29 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.90% | +0.58 | 13.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇██ | Net Interest Margin (%) | 3.39% | 3.43% | 3.48% | 3.63% | 3.65% | 3.71% | 3.74% | 3.79% |
| ▁▁▂▃▄▅██ | Return on Assets (%) | 1.20% | 1.26% | 1.33% | 1.43% | 1.49% | 1.63% | 1.90% | 1.96% |
| ██▅▅▄▂▁▁ | Efficiency Ratio (%) | 57.4% | 57.6% | 54.1% | 53.4% | 52.2% | 50.0% | 49.3% | 48.6% |
| ██▄▆▅▅▁▁ | Cost of Funds (%) | 1.89% | 1.87% | 1.79% | 1.84% | 1.82% | 1.81% | 1.74% | 1.73% |
| ██▄▁▄▄▄▄ | NPA / Assets (%) | 0.40% | 0.38% | 0.19% | 0.06% | 0.23% | 0.20% | 0.22% | 0.22% |
| ██▃▁▇▆▆▇ | Net Charge-Off Ratio (%) | 0.43% | 0.43% | 0.17% | 0.05% | 0.36% | 0.31% | 0.33% | 0.34% |
| ▁▁▃▅▅███ | Tang. Book Value ($M) | $99 | $99 | $106 | $111 | $111 | $119 | $121 | $122 |
| ▆▂▁▄▅▆▇█ | Gross Loans ($M) | $845 | $809 | $793 | $823 | $830 | $846 | $849 | $865 |
| ▁▂▃▃▇▆▇█ | Total Deposits ($M) | $1,047 | $1,074 | $1,095 | $1,095 | $1,177 | $1,162 | $1,164 | $1,200 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Agricultural | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 8% |