Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.63 | 0.91% |
| Return on Equity (%) | ▲ | 15.95% | +5.74 | 10.21% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.88 | 2.56% |
| Efficiency Ratio (%) | ▲ | 45.83% | -13.04 | 58.87% |
| Pre-Provision Profit ($M) | ▲ | $12 | +5.79 | $6 |
| Cost of Funds (%) | ▲ | 1.90% | -0.31 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,037 | +170.45 | $1,866 |
| Gross Loans ($M) | ▲ | $1,268 | +110.96 | $1,157 |
| Loan Growth YoY (%) | ▲ | 78.32% | +1.04 | 77.29% |
| Total Deposits ($M) | ▲ | $1,602 | +119.76 | $1,483 |
| Shareholders Equity ($M) | ▲ | $195 | +22.17 | $173 |
| Tang. Book Value ($M) | ▲ | $194 | +21.35 | $173 |
| TBV excl. AOCI ($M)** | ▲ | $229 | +24.54 | $204 |
| Loan / Deposit Ratio (%) | ▲ | 78.32% | +1.04 | 77.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.92% | -0.14 | 1.06% |
| Allowance / Loans (%) | — | 1.01% | 0.06% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.27 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 1.87% | 1.96% | 2.44% | 2.56% | 2.67% | 2.81% | 3.20% | 3.44% |
| ▁▁▂▃▄▄▇█ | Return on Assets (%) | 0.63% | 0.67% | 0.83% | 0.91% | 0.98% | 1.06% | 1.33% | 1.55% |
| ██▅▅▄▄▂▁ | Efficiency Ratio (%) | 69.6% | 67.3% | 60.5% | 58.9% | 57.2% | 55.4% | 49.4% | 45.8% |
| █▅▄▅▄▃▁▁ | Cost of Funds (%) | 2.44% | 2.18% | 2.09% | 2.21% | 2.10% | 1.99% | 1.83% | 1.90% |
| ▄▃▄▆█▆▁▁ | NPA / Assets (%) | 1.01% | 0.99% | 1.01% | 1.06% | 1.12% | 1.06% | 0.94% | 0.92% |
| ▅▅▆▇█▆▁▁ | Net Charge-Off Ratio (%) | 0.30% | 0.28% | 0.35% | 0.36% | 0.44% | 0.33% | 0.10% | 0.09% |
| ▂▁▃▃▆▇██ | Tang. Book Value ($M) | $168 | $161 | $170 | $173 | $182 | $186 | $190 | $194 |
| ▁▂▄▄▅▆▇█ | Gross Loans ($M) | $1,048 | $1,086 | $1,143 | $1,157 | $1,168 | $1,207 | $1,235 | $1,268 |
| ▁▂▂▅▆███ | Total Deposits ($M) | $1,339 | $1,374 | $1,394 | $1,483 | $1,529 | $1,582 | $1,572 | $1,602 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 9% |