Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.10% | +0.22 | 1.88% |
| Return on Equity (%) | ▲ | 19.21% | +1.66 | 17.55% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.18 | 3.91% |
| Efficiency Ratio (%) | ▲ | 47.97% | -2.41 | 50.38% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.14 | $6 |
| Cost of Funds (%) | ▲ | 2.13% | -0.16 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,253 | +141.02 | $1,112 |
| Gross Loans ($M) | ▲ | $1,083 | +140.01 | $943 |
| Loan Growth YoY (%) | ▲ | 101.97% | +3.19 | 98.78% |
| Total Deposits ($M) | ▲ | $1,048 | +105.57 | $943 |
| Shareholders Equity ($M) | ▲ | $139 | +20.72 | $118 |
| Tang. Book Value ($M) | ▲ | $131 | +20.73 | $110 |
| TBV excl. AOCI ($M)** | ▲ | $137 | +20.92 | $116 |
| Loan / Deposit Ratio (%) | ▲ | 101.97% | +3.19 | 98.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -0.02 | 0.78% |
| Allowance / Loans (%) | — | 1.32% | 0.05% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 0.85% | -0.06 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.74 | 11.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 3.65% | 3.66% | 3.81% | 3.91% | 3.97% | 3.99% | 4.04% | 4.09% |
| ▂▁▄▅▆▆▇█ | Return on Assets (%) | 1.64% | 1.51% | 1.77% | 1.88% | 1.93% | 1.90% | 2.03% | 2.10% |
| ▆█▅▂▂▁▁▁ | Efficiency Ratio (%) | 54.3% | 57.8% | 53.0% | 50.4% | 49.5% | 49.1% | 49.0% | 48.0% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 2.59% | 2.50% | 2.31% | 2.29% | 2.28% | 2.19% | 2.08% | 2.13% |
| ▃▁▇▄▆█▅▄ | NPA / Assets (%) | 0.74% | 0.63% | 0.89% | 0.78% | 0.84% | 0.95% | 0.82% | 0.76% |
| ▄▁▇▄▆█▄▃ | Net Charge-Off Ratio (%) | 0.89% | 0.75% | 1.04% | 0.91% | 0.98% | 1.11% | 0.93% | 0.85% |
| ▁▁▁▂▄▅▆█ | Tang. Book Value ($M) | $106 | $106 | $107 | $110 | $117 | $121 | $124 | $131 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $832 | $878 | $917 | $943 | $974 | $1,005 | $1,050 | $1,083 |
| ▁▃▃▃▄▆██ | Total Deposits ($M) | $882 | $931 | $937 | $943 | $954 | $1,000 | $1,034 | $1,048 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 42% |
| C&I / Commercial | 15% |
| Agricultural | 40% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 19% |