Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.16% | +0.13 | 2.03% |
| Return on Equity (%) | ▲ | 22.11% | +2.25 | 19.86% |
| Net Interest Margin (%) | ▲ | 5.15% | +0.18 | 4.98% |
| Efficiency Ratio (%) | ▲ | 43.99% | -1.79 | 45.78% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.14 | $4 |
| Cost of Funds (%) | ▲ | 1.01% | -0.24 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $657 | +65.32 | $591 |
| Gross Loans ($M) | ▲ | $423 | +35.20 | $387 |
| Loan Growth YoY (%) | ▲ | 80.17% | +1.89 | 78.28% |
| Total Deposits ($M) | ▲ | $522 | +32.36 | $490 |
| Shareholders Equity ($M) | ▲ | $70 | +9.68 | $60 |
| Tang. Book Value ($M) | ▲ | $64 | +10.14 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +12.00 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 80.17% | +1.89 | 78.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.02% | +0.14 | 0.88% |
| Allowance / Loans (%) | — | 0.96% | -0.09% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 1.58% | +0.24 | 1.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.48% | +0.31 | 16.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅▆▅▅▄█ | Net Interest Margin (%) | 4.57% | 4.72% | 4.90% | 4.98% | 4.88% | 4.88% | 4.86% | 5.15% |
| ▆▁▆▇▄▂▆█ | Return on Assets (%) | 1.90% | 1.42% | 1.97% | 2.03% | 1.78% | 1.59% | 1.96% | 2.16% |
| ▃▆▁▅▃█▄▁ | Efficiency Ratio (%) | 45.0% | 46.3% | 44.1% | 45.8% | 44.9% | 47.5% | 45.6% | 44.0% |
| █▅▄▄▅▃▁▁ | Cost of Funds (%) | 1.63% | 1.39% | 1.32% | 1.26% | 1.33% | 1.23% | 1.07% | 1.01% |
| █▁█▇▅▆▆█ | NPA / Assets (%) | 0.96% | 0.40% | 0.97% | 0.88% | 0.75% | 0.79% | 0.79% | 1.02% |
| ▇▁▇▇▅▅▅█ | Net Charge-Off Ratio (%) | 1.43% | 0.55% | 1.44% | 1.34% | 1.16% | 1.17% | 1.16% | 1.58% |
| ▃▂▃▃▁▁▁█ | Tang. Book Value ($M) | $54 | $53 | $55 | $54 | $51 | $50 | $52 | $64 |
| ▄▆▃▁▄█▇█ | Gross Loans ($M) | $404 | $412 | $398 | $387 | $404 | $420 | $416 | $423 |
| ▄▁▁▃█▄▄█ | Total Deposits ($M) | $499 | $481 | $478 | $490 | $526 | $501 | $497 | $522 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 36% |
| Agricultural | 16% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 3% |