Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.21 | 1.45% |
| Return on Equity (%) | ▼ | 14.23% | -5.01 | 19.24% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.15 | 3.27% |
| Efficiency Ratio (%) | ▼ | 50.65% | +6.54 | 44.12% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.31 | $5 |
| Cost of Funds (%) | ▲ | 2.83% | -0.05 | 2.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $949 | -2.93 | $952 |
| Gross Loans ($M) | ▲ | $741 | +0.56 | $740 |
| Loan Growth YoY (%) | ▲ | 93.10% | +5.15 | 87.94% |
| Total Deposits ($M) | ▼ | $785 | -47.65 | $832 |
| Shareholders Equity ($M) | ▲ | $87 | +15.69 | $71 |
| Tang. Book Value ($M) | ▲ | $86 | +15.80 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +16.77 | $78 |
| Loan / Deposit Ratio (%) | ▲ | 93.10% | +5.15 | 87.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.92% | +0.83 | 1.09% |
| Allowance / Loans (%) | — | 1.40% | 0.27% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 1.96% | +0.55 | 1.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.76% | +0.86 | 11.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▄▅▇█ | Net Interest Margin (%) | 3.06% | 3.11% | 3.22% | 3.27% | 3.20% | 3.27% | 3.34% | 3.42% |
| ▅▁██▅▄▄▄ | Return on Assets (%) | 1.24% | 1.02% | 1.41% | 1.45% | 1.28% | 1.21% | 1.19% | 1.23% |
| ▃▇▁▁▄█▇▆ | Efficiency Ratio (%) | 46.0% | 51.8% | 43.6% | 44.1% | 47.7% | 53.4% | 51.8% | 50.7% |
| █▇▆▅▇▆▁▃ | Cost of Funds (%) | 2.97% | 2.93% | 2.92% | 2.88% | 2.95% | 2.90% | 2.77% | 2.83% |
| ▁▁▁▃███▇ | NPA / Assets (%) | 0.78% | 0.70% | 0.86% | 1.09% | 2.22% | 2.13% | 2.15% | 1.92% |
| ▁▁▁▃███▅ | Net Charge-Off Ratio (%) | 0.94% | 0.88% | 1.09% | 1.40% | 2.90% | 2.74% | 2.78% | 1.96% |
| ▁▁▁▁▄▅▅█ | Tang. Book Value ($M) | $71 | $70 | $70 | $71 | $76 | $79 | $79 | $86 |
| ▁█▇█▇█▆█ | Gross Loans ($M) | $713 | $739 | $736 | $740 | $736 | $743 | $732 | $741 |
| ▁▄▇██▇▇▃ | Total Deposits ($M) | $764 | $797 | $819 | $832 | $836 | $826 | $823 | $785 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 19% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 54% |