Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.15 | 1.19% |
| Return on Equity (%) | ▲ | 11.65% | +1.19 | 10.46% |
| Net Interest Margin (%) | ▲ | 3.48% | +0.13 | 3.36% |
| Efficiency Ratio (%) | ▲ | 59.69% | -0.69 | 60.37% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.75 | $5 |
| Cost of Funds (%) | ▲ | 1.90% | -0.21 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,746 | +145.34 | $1,601 |
| Gross Loans ($M) | ▲ | $1,291 | +84.42 | $1,207 |
| Loan Growth YoY (%) | ▲ | 101.19% | +7.37 | 93.82% |
| Total Deposits ($M) | ▼ | $1,263 | -9.07 | $1,272 |
| Shareholders Equity ($M) | ▲ | $202 | +19.39 | $183 |
| Tang. Book Value ($M) | ▲ | $192 | +19.99 | $172 |
| TBV excl. AOCI ($M)** | ▲ | $207 | +20.51 | $186 |
| Loan / Deposit Ratio (%) | ▲ | 101.19% | +7.37 | 93.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.19 | 0.34% |
| Allowance / Loans (%) | — | 1.00% | -0.08% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.25 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.89% | -0.23 | 12.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▆▆█ | Net Interest Margin (%) | 3.30% | 3.31% | 3.30% | 3.36% | 3.38% | 3.41% | 3.42% | 3.48% |
| ██▁▄▆▅██ | Return on Assets (%) | 1.33% | 1.32% | 1.07% | 1.19% | 1.26% | 1.21% | 1.33% | 1.34% |
| ▄▅▄▅▅█▁▃ | Efficiency Ratio (%) | 60.0% | 60.1% | 60.0% | 60.4% | 60.3% | 61.3% | 58.8% | 59.7% |
| █▆▃▄▃▄▁▁ | Cost of Funds (%) | 2.44% | 2.25% | 2.06% | 2.12% | 2.08% | 2.14% | 1.88% | 1.90% |
| ▂▂█▆▁▂▃▃ | NPA / Assets (%) | 0.12% | 0.08% | 0.45% | 0.34% | 0.01% | 0.12% | 0.15% | 0.14% |
| ▂▁█▇▁▂▃▃ | Net Charge-Off Ratio (%) | 0.12% | 0.07% | 0.59% | 0.45% | 0.01% | 0.15% | 0.19% | 0.19% |
| ▁▁▂▄▅▇██ | Tang. Book Value ($M) | $160 | $162 | $167 | $172 | $180 | $185 | $191 | $192 |
| ▁▁▂▃▆▇█▇ | Gross Loans ($M) | $1,162 | $1,159 | $1,197 | $1,207 | $1,269 | $1,281 | $1,317 | $1,291 |
| ▃▂▁▃▅█▆▂ | Total Deposits ($M) | $1,269 | $1,257 | $1,238 | $1,272 | $1,296 | $1,342 | $1,313 | $1,263 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 16% |