Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.32% | +0.55 | 0.77% |
| Return on Equity (%) | ▲ | 9.65% | +3.37 | 6.28% |
| Net Interest Margin (%) | ▲ | 4.83% | +0.12 | 4.71% |
| Efficiency Ratio (%) | ▼ | 64.21% | +1.91 | 62.30% |
| Pre-Provision Profit ($M) | ▼ | $6 | -0.73 | $7 |
| Cost of Funds (%) | ▲ | 1.62% | -0.27 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,291 | -19.56 | $1,311 |
| Gross Loans ($M) | ▲ | $917 | +53.39 | $863 |
| Loan Growth YoY (%) | ▲ | 82.39% | +3.81 | 78.58% |
| Total Deposits ($M) | ▲ | $1,098 | +13.36 | $1,085 |
| Shareholders Equity ($M) | ▲ | $182 | +13.73 | $169 |
| Tang. Book Value ($M) | ▲ | $182 | +13.73 | $169 |
| TBV excl. AOCI ($M)** | ▲ | $193 | +9.45 | $184 |
| Loan / Deposit Ratio (%) | ▲ | 82.39% | +3.81 | 78.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.46% | +1.02 | 0.44% |
| Allowance / Loans (%) | — | 1.31% | 0.04% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.55% | +0.41 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▇████ | Net Interest Margin (%) | 4.26% | 4.35% | 4.52% | 4.71% | 4.79% | 4.79% | 4.78% | 4.83% |
| ▄▁▅▁▃▆██ | Return on Assets (%) | 1.05% | 0.75% | 1.10% | 0.77% | 0.95% | 1.21% | 1.40% | 1.32% |
| ▇▇█▃▂▁▆█ | Efficiency Ratio (%) | 63.8% | 63.6% | 64.0% | 62.3% | 62.1% | 61.6% | 63.5% | 64.2% |
| █▆▄▃▂▁▁▁ | Cost of Funds (%) | 2.48% | 2.25% | 2.00% | 1.89% | 1.83% | 1.66% | 1.63% | 1.62% |
| ▆▄▃▁▁▃▅█ | NPA / Assets (%) | 1.14% | 0.84% | 0.78% | 0.44% | 0.48% | 0.77% | 1.07% | 1.46% |
| ▅▃▂▁▁▃▄█ | Net Charge-Off Ratio (%) | 0.36% | 0.27% | 0.20% | 0.14% | 0.13% | 0.26% | 0.32% | 0.55% |
| ▂▁▂▃▅▇██ | Tang. Book Value ($M) | $165 | $162 | $167 | $169 | $173 | $180 | $181 | $182 |
| ▁▂▁▃▃▆▇█ | Gross Loans ($M) | $848 | $858 | $840 | $863 | $869 | $895 | $898 | $917 |
| ██▃▁▁▇▆▂ | Total Deposits ($M) | $1,156 | $1,151 | $1,105 | $1,085 | $1,091 | $1,139 | $1,133 | $1,098 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 8% |
| Agricultural | 18% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 5% |