Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.92% | +0.10 | 1.82% |
| Return on Equity (%) | ▲ | 12.17% | +0.50 | 11.67% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.20 | 4.05% |
| Efficiency Ratio (%) | ▲ | 36.28% | -1.41 | 37.69% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.83 | $7 |
| Cost of Funds (%) | ▲ | 2.15% | -0.16 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,212 | +57.02 | $1,155 |
| Gross Loans ($M) | ▲ | $730 | +12.29 | $718 |
| Loan Growth YoY (%) | ▼ | 89.35% | -8.50 | 97.85% |
| Total Deposits ($M) | ▲ | $805 | +82.44 | $722 |
| Shareholders Equity ($M) | ▲ | $196 | +15.94 | $180 |
| Tang. Book Value ($M) | ▲ | $182 | +16.15 | $166 |
| TBV excl. AOCI ($M)** | ▲ | $203 | +18.32 | $185 |
| Loan / Deposit Ratio (%) | ▼ | 89.35% | -8.50 | 97.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.52% | -0.99 | 1.52% |
| Allowance / Loans (%) | — | 1.52% | -0.03% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.84% | -1.60 | 2.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.74% | +1.35 | 18.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇▁▁▃▆██ | Net Interest Margin (%) | 4.22% | 4.24% | 4.03% | 4.05% | 4.11% | 4.21% | 4.28% | 4.25% |
| ▇█▁▁▂█▄▄ | Return on Assets (%) | 2.03% | 2.07% | 1.82% | 1.82% | 1.87% | 2.05% | 1.93% | 1.92% |
| ▇▇█▆▃▁▃▂ | Efficiency Ratio (%) | 38.2% | 37.9% | 38.6% | 37.7% | 36.8% | 35.8% | 36.5% | 36.3% |
| █▇▄▂▄▃▁▁ | Cost of Funds (%) | 2.93% | 2.79% | 2.44% | 2.31% | 2.46% | 2.36% | 2.11% | 2.15% |
| ▁▇██▇▄▂▃ | NPA / Assets (%) | 0.12% | 1.46% | 1.70% | 1.52% | 1.38% | 0.87% | 0.42% | 0.52% |
| ▁▇██▇▅▂▃ | Net Charge-Off Ratio (%) | 0.20% | 2.25% | 2.59% | 2.44% | 2.28% | 1.42% | 0.69% | 0.84% |
| ▁▂▃▄▄▆▇█ | Tang. Book Value ($M) | $152 | $159 | $161 | $166 | $165 | $171 | $176 | $182 |
| ▁▆▃▁▂█▅▅ | Gross Loans ($M) | $717 | $731 | $723 | $718 | $721 | $739 | $729 | $730 |
| ▁▁▂▁▄▃▄█ | Total Deposits ($M) | $719 | $715 | $733 | $722 | $749 | $739 | $750 | $805 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 8% |
| Agricultural | 21% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 28% |