Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.34 | 1.05% |
| Return on Equity (%) | ▲ | 12.89% | +2.73 | 10.16% |
| Net Interest Margin (%) | ▲ | 3.61% | +0.30 | 3.30% |
| Efficiency Ratio (%) | ▲ | 46.76% | -0.16 | 46.92% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.33 | $4 |
| Cost of Funds (%) | ▲ | 2.70% | -0.48 | 3.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,034 | +68.46 | $965 |
| Gross Loans ($M) | ▲ | $761 | +11.84 | $749 |
| Loan Growth YoY (%) | ▲ | 103.55% | +7.94 | 95.61% |
| Total Deposits ($M) | ▼ | $728 | -48.29 | $776 |
| Shareholders Equity ($M) | ▲ | $111 | +9.43 | $102 |
| Tang. Book Value ($M) | ▲ | $102 | +10.80 | $91 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +13.15 | $99 |
| Loan / Deposit Ratio (%) | ▲ | 103.55% | +7.94 | 95.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.02 | 0.21% |
| Allowance / Loans (%) | — | 0.97% | 0.01% | 0.96% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.01 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.96% | +0.66 | 11.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▄▅██ | Net Interest Margin (%) | 3.15% | 3.25% | 3.22% | 3.30% | 3.35% | 3.39% | 3.56% | 3.61% |
| ▁▁▃▄▅▆██ | Return on Assets (%) | 0.80% | 0.82% | 0.98% | 1.05% | 1.15% | 1.23% | 1.39% | 1.39% |
| ██▆▂▁▂▁▂ | Efficiency Ratio (%) | 51.8% | 51.7% | 49.9% | 46.9% | 46.0% | 46.9% | 46.4% | 46.8% |
| █▇▆▅▅▃▁▁ | Cost of Funds (%) | 3.53% | 3.43% | 3.23% | 3.17% | 3.12% | 3.00% | 2.76% | 2.70% |
| ▃▁▁▇▇██▆ | NPA / Assets (%) | 0.10% | 0.02% | 0.03% | 0.21% | 0.21% | 0.26% | 0.25% | 0.19% |
| ▄▁▁█████ | Net Charge-Off Ratio (%) | 0.14% | 0.03% | 0.03% | 0.27% | 0.27% | 0.27% | 0.28% | 0.26% |
| ▁▁▃▄▆▆██ | Tang. Book Value ($M) | $86 | $83 | $89 | $91 | $96 | $97 | $99 | $102 |
| ▁▄▇▇████ | Gross Loans ($M) | $673 | $715 | $751 | $749 | $754 | $764 | $759 | $761 |
| ▁▃▇▇▆█▅▅ | Total Deposits ($M) | $650 | $691 | $777 | $776 | $760 | $798 | $739 | $728 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 16% |
| Agricultural | 21% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 28% |