Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.15 | 1.41% |
| Return on Equity (%) | ▲ | 17.58% | +0.66 | 16.92% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.16 | 3.58% |
| Efficiency Ratio (%) | ▲ | 48.19% | -5.58 | 53.77% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.42 | $7 |
| Cost of Funds (%) | ▲ | 2.10% | -0.32 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,617 | +132.61 | $1,484 |
| Gross Loans ($M) | ▲ | $1,268 | +58.68 | $1,209 |
| Loan Growth YoY (%) | ▼ | 85.22% | -3.01 | 88.23% |
| Total Deposits ($M) | ▲ | $1,466 | +114.40 | $1,351 |
| Shareholders Equity ($M) | ▲ | $145 | +20.28 | $125 |
| Tang. Book Value ($M) | ▲ | $132 | +19.56 | $112 |
| TBV excl. AOCI ($M)** | ▲ | $137 | +20.24 | $117 |
| Loan / Deposit Ratio (%) | ▼ | 85.22% | -3.01 | 88.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.08 | 0.23% |
| Allowance / Loans (%) | — | 1.47% | 0.09% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.09 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.36% | +0.18 | 10.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▆▇▇█ | Net Interest Margin (%) | 3.21% | 3.26% | 3.39% | 3.58% | 3.60% | 3.64% | 3.65% | 3.74% |
| ▁▁▆▇▇▆██ | Return on Assets (%) | 0.91% | 0.97% | 1.33% | 1.41% | 1.42% | 1.32% | 1.53% | 1.55% |
| ██▄▃▃▃▁▁ | Efficiency Ratio (%) | 65.1% | 64.7% | 55.0% | 53.8% | 52.6% | 53.2% | 48.1% | 48.2% |
| ██▃▅▃▂▁▁ | Cost of Funds (%) | 2.72% | 2.67% | 2.26% | 2.42% | 2.25% | 2.20% | 2.07% | 2.10% |
| ▂▁▂▃▃▅██ | NPA / Assets (%) | 0.20% | 0.18% | 0.21% | 0.23% | 0.23% | 0.26% | 0.33% | 0.32% |
| ▂▁▃▄▄▅██ | Net Charge-Off Ratio (%) | 0.25% | 0.21% | 0.26% | 0.29% | 0.29% | 0.32% | 0.38% | 0.37% |
| ▁▁▁▂▃▅██ | Tang. Book Value ($M) | $108 | $111 | $111 | $112 | $117 | $122 | $130 | $132 |
| ▇▄▁▁▃███ | Gross Loans ($M) | $1,257 | $1,239 | $1,206 | $1,209 | $1,227 | $1,273 | $1,265 | $1,268 |
| ▅▁▃▂▇█▆█ | Total Deposits ($M) | $1,395 | $1,318 | $1,371 | $1,351 | $1,446 | $1,459 | $1,425 | $1,466 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 18% |