Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.26 | 0.66% |
| Return on Equity (%) | ▲ | 10.76% | +1.76 | 9.00% |
| Net Interest Margin (%) | ▲ | 3.20% | +0.36 | 2.84% |
| Efficiency Ratio (%) | ▲ | 61.03% | -7.44 | 68.47% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.67 | $2 |
| Cost of Funds (%) | ▲ | 1.58% | -0.04 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $803 | -2.97 | $806 |
| Gross Loans ($M) | ▲ | $389 | +18.54 | $371 |
| Loan Growth YoY (%) | ▲ | 52.56% | +3.29 | 49.27% |
| Total Deposits ($M) | ▼ | $730 | -10.45 | $740 |
| Shareholders Equity ($M) | ▲ | $69 | +7.14 | $61 |
| Tang. Book Value ($M) | ▲ | $64 | +7.43 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +6.76 | $77 |
| Loan / Deposit Ratio (%) | ▲ | 52.56% | +3.29 | 49.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.29 | 0.52% |
| Allowance / Loans (%) | — | 1.46% | -0.15% | 1.61% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.66 | 1.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 19.23% | -0.07 | 19.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 2.65% | 2.67% | 2.77% | 2.84% | 2.92% | 2.97% | 3.13% | 3.20% |
| ▁▁▂▂▄▄██ | Return on Assets (%) | 0.58% | 0.59% | 0.65% | 0.66% | 0.71% | 0.72% | 0.90% | 0.92% |
| ██▆▆▄▄▁▁ | Efficiency Ratio (%) | 71.4% | 71.3% | 68.4% | 68.5% | 65.4% | 65.6% | 60.3% | 61.0% |
| ▇▆▅▄█▃▁▁ | Cost of Funds (%) | 1.67% | 1.66% | 1.65% | 1.62% | 1.70% | 1.61% | 1.57% | 1.58% |
| ▄███▅▅▆▁ | NPA / Assets (%) | 0.37% | 0.50% | 0.51% | 0.52% | 0.40% | 0.38% | 0.43% | 0.23% |
| ▃▇██▅▅▆▁ | Net Charge-Off Ratio (%) | 0.66% | 0.98% | 1.12% | 1.13% | 0.86% | 0.82% | 0.92% | 0.47% |
| ▃▁▃▅▇███ | Tang. Book Value ($M) | $54 | $48 | $53 | $57 | $62 | $64 | $64 | $64 |
| ▂▁▁▅▆▅▅█ | Gross Loans ($M) | $359 | $352 | $351 | $371 | $376 | $373 | $371 | $389 |
| ▁▆▄█▇▃▆▇ | Total Deposits ($M) | $682 | $719 | $710 | $740 | $730 | $703 | $720 | $730 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 8% |
| Agricultural | 12% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |