Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.16 | 1.09% |
| Return on Equity (%) | ▲ | 12.11% | +0.74 | 11.37% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.36 | 3.07% |
| Efficiency Ratio (%) | ▲ | 45.00% | -8.00 | 53.00% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.17 | $5 |
| Cost of Funds (%) | ▲ | 2.30% | -0.24 | 2.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,491 | +117.62 | $1,373 |
| Gross Loans ($M) | ▲ | $1,086 | +90.45 | $996 |
| Loan Growth YoY (%) | ▲ | 95.79% | +6.17 | 89.62% |
| Total Deposits ($M) | ▲ | $1,119 | +21.65 | $1,097 |
| Shareholders Equity ($M) | ▲ | $153 | +17.92 | $135 |
| Tang. Book Value ($M) | ▲ | $153 | +17.95 | $135 |
| TBV excl. AOCI ($M)** | ▲ | $169 | +18.64 | $150 |
| Loan / Deposit Ratio (%) | ▲ | 95.79% | +6.17 | 89.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.28% | -0.17 | 0.46% |
| Allowance / Loans (%) | — | 1.37% | 0.08% | 1.29% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -0.24 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.90% | +0.26 | 12.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 2.52% | 2.58% | 3.05% | 3.07% | 3.13% | 3.14% | 3.39% | 3.43% |
| ▁▁▄▅▅▆█▇ | Return on Assets (%) | 0.73% | 0.77% | 1.03% | 1.09% | 1.15% | 1.16% | 1.42% | 1.25% |
| ██▅▅▄▄▁▁ | Efficiency Ratio (%) | 59.2% | 58.2% | 53.2% | 53.0% | 51.7% | 52.0% | 46.1% | 45.0% |
| █▇▄▄▄▄▁▁ | Cost of Funds (%) | 2.91% | 2.82% | 2.59% | 2.55% | 2.59% | 2.54% | 2.34% | 2.30% |
| ▁▁▅▆▆▆█▃ | NPA / Assets (%) | 0.14% | 0.13% | 0.43% | 0.46% | 0.48% | 0.47% | 0.65% | 0.28% |
| ▁▁▅▆▆▆█▃ | Net Charge-Off Ratio (%) | 0.16% | 0.15% | 0.58% | 0.63% | 0.67% | 0.64% | 0.89% | 0.39% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $128 | $126 | $132 | $135 | $141 | $146 | $150 | $153 |
| ▁▂▂▂▃▅▆█ | Gross Loans ($M) | $977 | $997 | $995 | $996 | $1,016 | $1,035 | $1,055 | $1,086 |
| ▁▄▇▄███▆ | Total Deposits ($M) | $1,051 | $1,092 | $1,130 | $1,097 | $1,142 | $1,143 | $1,142 | $1,119 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 15% |
| Agricultural | 18% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 16% |