Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.28% | -0.01 | 1.29% |
| Return on Equity (%) | ▼ | 11.10% | -1.17 | 12.27% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.28 | 3.75% |
| Efficiency Ratio (%) | ▲ | 49.91% | -0.93 | 50.84% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.39 | $5 |
| Cost of Funds (%) | ▲ | 1.47% | -0.20 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,179 | +55.12 | $1,124 |
| Gross Loans ($M) | ▲ | $839 | +25.61 | $814 |
| Loan Growth YoY (%) | ▼ | 82.94% | -0.40 | 83.34% |
| Total Deposits ($M) | ▲ | $1,000 | +35.13 | $965 |
| Shareholders Equity ($M) | ▲ | $139 | +16.21 | $122 |
| Tang. Book Value ($M) | ▲ | $111 | +16.73 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $120 | +16.92 | $103 |
| Loan / Deposit Ratio (%) | ▼ | 82.94% | -0.40 | 83.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.08 | 0.14% |
| Allowance / Loans (%) | — | 1.14% | 0.00% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.08 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.50% | +1.45 | 13.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▇▇█ | Net Interest Margin (%) | 3.58% | 3.57% | 3.62% | 3.75% | 3.86% | 3.93% | 3.94% | 4.03% |
| ▂▁▂▄▇██▄ | Return on Assets (%) | 1.20% | 1.16% | 1.21% | 1.29% | 1.38% | 1.42% | 1.42% | 1.28% |
| ██▆▄▂▁▁▃ | Efficiency Ratio (%) | 53.7% | 53.0% | 52.0% | 50.8% | 49.1% | 48.3% | 48.8% | 49.9% |
| ▆█▆▅▃▂▁▁ | Cost of Funds (%) | 1.76% | 1.87% | 1.74% | 1.67% | 1.60% | 1.54% | 1.45% | 1.47% |
| ▇▆▁▂▂▂█▅ | NPA / Assets (%) | 0.28% | 0.23% | 0.09% | 0.14% | 0.13% | 0.12% | 0.31% | 0.22% |
| ▇▆▁▂▂▁█▅ | Net Charge-Off Ratio (%) | 0.38% | 0.31% | 0.12% | 0.19% | 0.18% | 0.16% | 0.42% | 0.27% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $87 | $88 | $91 | $95 | $102 | $106 | $109 | $111 |
| ▁▄▁▄▇█▅█ | Gross Loans ($M) | $793 | $812 | $792 | $814 | $837 | $845 | $819 | $839 |
| ▄▅▃▁▄▆█▆ | Total Deposits ($M) | $991 | $998 | $981 | $965 | $986 | $1,001 | $1,019 | $1,000 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 7% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |