Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.05 | 1.49% |
| Return on Equity (%) | ▼ | 24.34% | -4.79 | 29.13% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.17 | 4.06% |
| Efficiency Ratio (%) | ▲ | 50.92% | -3.60 | 54.53% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.30 | $6 |
| Cost of Funds (%) | ▲ | 1.72% | -0.06 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,215 | +73.57 | $1,141 |
| Gross Loans ($M) | ▲ | $874 | +77.81 | $796 |
| Loan Growth YoY (%) | ▲ | 77.06% | +3.81 | 73.24% |
| Total Deposits ($M) | ▲ | $1,119 | +46.34 | $1,073 |
| Shareholders Equity ($M) | ▲ | $79 | +16.71 | $62 |
| Tang. Book Value ($M) | ▲ | $79 | +16.71 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $92 | +16.57 | $75 |
| Loan / Deposit Ratio (%) | ▲ | 77.06% | +3.81 | 73.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.73% | -0.02 | 0.75% |
| Allowance / Loans (%) | — | 1.31% | 0.03% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 1.02% | +0.13 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▇██ | Net Interest Margin (%) | 3.61% | 3.68% | 3.89% | 4.06% | 4.05% | 4.12% | 4.21% | 4.23% |
| ▁▁▆▆▅▅█▇ | Return on Assets (%) | 1.16% | 1.12% | 1.48% | 1.49% | 1.39% | 1.42% | 1.65% | 1.53% |
| ▇█▄▅▄▃▁▂ | Efficiency Ratio (%) | 57.5% | 58.7% | 53.5% | 54.5% | 53.7% | 52.3% | 49.7% | 50.9% |
| █▇▃▂▄▂▁▁ | Cost of Funds (%) | 2.24% | 2.15% | 1.88% | 1.78% | 1.94% | 1.79% | 1.68% | 1.72% |
| ▁▂▁▁█▃▁▁ | NPA / Assets (%) | 0.74% | 0.80% | 0.77% | 0.75% | 1.17% | 0.85% | 0.75% | 0.73% |
| ▁▂▁▁█▂▁▂ | Net Charge-Off Ratio (%) | 0.92% | 0.97% | 0.94% | 0.89% | 1.51% | 1.04% | 0.93% | 1.02% |
| ▅▁▃▄▇▇██ | Tang. Book Value ($M) | $65 | $51 | $60 | $62 | $72 | $72 | $75 | $79 |
| ▁▁▁▃▃▄▆█ | Gross Loans ($M) | $774 | $765 | $764 | $796 | $803 | $815 | $839 | $874 |
| ▂▁▁▃▅▄██ | Total Deposits ($M) | $1,067 | $1,052 | $1,052 | $1,073 | $1,090 | $1,083 | $1,120 | $1,119 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 9% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |