Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.18% | -0.10 | 0.27% |
| Return on Equity (%) | ▼ | 1.67% | -1.19 | 2.86% |
| Net Interest Margin (%) | ▼ | 3.50% | -0.09 | 3.59% |
| Efficiency Ratio (%) | ▲ | 89.79% | -0.77 | 90.56% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▼ | 0.50% | +0.04 | 0.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $823 | -9.38 | $833 |
| Gross Loans ($M) | ▲ | $390 | +19.23 | $370 |
| Loan Growth YoY (%) | ▲ | 54.53% | +4.22 | 50.31% |
| Total Deposits ($M) | ▼ | $703 | -21.94 | $724 |
| Shareholders Equity ($M) | ▲ | $87 | +6.99 | $80 |
| Tang. Book Value ($M) | ▲ | $87 | +6.99 | $80 |
| TBV excl. AOCI ($M)** | ▲ | $103 | +6.94 | $96 |
| Loan / Deposit Ratio (%) | ▲ | 54.53% | +4.22 | 50.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.22 | 0.24% |
| Allowance / Loans (%) | — | 1.68% | 0.08% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.51 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.17% | -0.52 | 22.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂██▇▇▆▆ | Net Interest Margin (%) | 3.15% | 3.26% | 3.65% | 3.59% | 3.56% | 3.59% | 3.50% | 3.50% |
| ██▄▅▃▆▆▁ | Return on Assets (%) | 0.36% | 0.37% | 0.26% | 0.27% | 0.25% | 0.31% | 0.30% | 0.18% |
| ▁▁███▇▇▇ | Efficiency Ratio (%) | 83.9% | 84.6% | 91.0% | 90.6% | 90.9% | 89.7% | 89.3% | 89.8% |
| █▁▁▂▃▃▂▂ | Cost of Funds (%) | 0.91% | 0.39% | 0.38% | 0.46% | 0.57% | 0.55% | 0.46% | 0.50% |
| ▁▁▁█▄▄▁▁ | NPA / Assets (%) | 0.04% | 0.03% | 0.03% | 0.24% | 0.12% | 0.11% | 0.02% | 0.02% |
| ▁▁▁█▄▄▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.05% | 0.07% | 0.55% | 0.27% | 0.25% | 0.05% | 0.04% |
| ▆▁▄▄████ | Tang. Book Value ($M) | $83 | $73 | $79 | $80 | $86 | $88 | $87 | $87 |
| ▅▄▄▃▁▁▂█ | Gross Loans ($M) | $378 | $376 | $373 | $370 | $363 | $364 | $368 | $390 |
| ▇▅▂█▇▅▁▄ | Total Deposits ($M) | $719 | $707 | $693 | $724 | $716 | $706 | $686 | $703 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 9% |
| Agricultural | 11% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 48% |
| Interest-Bearing (core) | 52% |