Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.27 | 1.28% |
| Return on Equity (%) | ▲ | 18.69% | +3.19 | 15.50% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.29 | 4.13% |
| Efficiency Ratio (%) | ▲ | 51.09% | -4.10 | 55.18% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.81 | $3 |
| Cost of Funds (%) | ▲ | 1.60% | -0.17 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $732 | +96.55 | $636 |
| Gross Loans ($M) | ▲ | $609 | +92.84 | $516 |
| Loan Growth YoY (%) | ▲ | 92.59% | +3.60 | 88.99% |
| Total Deposits ($M) | ▲ | $653 | +77.24 | $576 |
| Shareholders Equity ($M) | ▲ | $59 | +5.04 | $54 |
| Tang. Book Value ($M) | ▲ | $57 | +4.80 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +4.13 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 92.59% | +3.60 | 88.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -0.31 | 0.99% |
| Allowance / Loans (%) | — | 0.75% | -0.02% | 0.77% |
| Net Charge-Off Ratio (%) | ▲ | 0.80% | -0.31 | 1.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.29% | -0.83 | 11.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 3.69% | 3.72% | 4.00% | 4.13% | 4.16% | 4.21% | 4.39% | 4.42% |
| ▁▁▂▄▅▅██ | Return on Assets (%) | 1.09% | 1.10% | 1.20% | 1.28% | 1.32% | 1.36% | 1.52% | 1.54% |
| ▇▆█▇▄▃▁▁ | Efficiency Ratio (%) | 55.6% | 55.2% | 56.5% | 55.2% | 53.5% | 53.1% | 51.2% | 51.1% |
| ▆█▇▄▄▅▁▁ | Cost of Funds (%) | 1.93% | 2.05% | 1.95% | 1.77% | 1.78% | 1.88% | 1.64% | 1.60% |
| ▃▂█▃▃▂▁▁ | NPA / Assets (%) | 0.95% | 0.86% | 1.68% | 0.99% | 0.89% | 0.81% | 0.63% | 0.68% |
| ▃▃█▃▂▂▁▁ | Net Charge-Off Ratio (%) | 1.20% | 1.08% | 2.11% | 1.11% | 1.08% | 0.95% | 0.74% | 0.80% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $48 | $49 | $50 | $52 | $53 | $54 | $55 | $57 |
| ▁▁▁▂▃▅▄█ | Gross Loans ($M) | $494 | $507 | $499 | $516 | $536 | $552 | $548 | $609 |
| ▁▂▃▃▅▅▆█ | Total Deposits ($M) | $546 | $569 | $574 | $576 | $609 | $611 | $617 | $653 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 9% |
| Agricultural | 21% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 22% |