Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.52 | 1.15% |
| Return on Equity (%) | ▲ | 17.49% | +4.12 | 13.37% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.70 | 3.28% |
| Efficiency Ratio (%) | ▲ | 47.17% | -9.98 | 57.15% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.18 | $5 |
| Cost of Funds (%) | ▲ | 1.24% | -0.27 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,298 | +24.75 | $1,274 |
| Gross Loans ($M) | ▲ | $934 | +54.54 | $879 |
| Loan Growth YoY (%) | ▲ | 79.24% | +3.35 | 75.88% |
| Total Deposits ($M) | ▲ | $1,164 | +19.02 | $1,145 |
| Shareholders Equity ($M) | ▲ | $127 | +8.34 | $118 |
| Tang. Book Value ($M) | ▲ | $126 | +8.34 | $118 |
| TBV excl. AOCI ($M)** | ▲ | $140 | +4.42 | $135 |
| Loan / Deposit Ratio (%) | ▲ | 79.24% | +3.35 | 75.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.00 | 0.24% |
| Allowance / Loans (%) | — | 1.25% | 0.04% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.01 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.39% | -0.40 | 14.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.69% | 2.79% | 3.11% | 3.28% | 3.40% | 3.50% | 3.87% | 3.99% |
| ▁▁▂▃▄▅██ | Return on Assets (%) | 0.89% | 0.95% | 1.03% | 1.15% | 1.23% | 1.28% | 1.64% | 1.67% |
| ███▆▅▄▁▁ | Efficiency Ratio (%) | 60.9% | 59.4% | 59.5% | 57.1% | 55.0% | 53.5% | 48.0% | 47.2% |
| █▅▄▃▃▁▁▁ | Cost of Funds (%) | 2.04% | 1.67% | 1.56% | 1.51% | 1.48% | 1.34% | 1.28% | 1.24% |
| ▄▆▁▁██▁▁ | NPA / Assets (%) | 0.31% | 0.37% | 0.25% | 0.24% | 0.42% | 0.40% | 0.25% | 0.24% |
| ▇▇▂▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.47% | 0.47% | 0.29% | 0.25% | 0.51% | 0.26% | 0.27% | 0.26% |
| ▂▁▃▆▇█▆█ | Tang. Book Value ($M) | $107 | $103 | $110 | $118 | $121 | $125 | $120 | $126 |
| ▁▁▁▄▆▆██ | Gross Loans ($M) | $839 | $833 | $841 | $879 | $899 | $905 | $933 | $934 |
| ▄▆▂▁▃█▁▃ | Total Deposits ($M) | $1,169 | $1,183 | $1,152 | $1,145 | $1,164 | $1,199 | $1,146 | $1,164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 8% |
| Agricultural | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 11% |