Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.89% | +0.30 | 2.59% |
| Return on Equity (%) | ▼ | 28.44% | -3.75 | 32.19% |
| Net Interest Margin (%) | ▲ | 4.95% | +0.14 | 4.81% |
| Efficiency Ratio (%) | ▲ | 40.18% | -2.00 | 42.18% |
| Pre-Provision Profit ($M) | ▲ | $14 | +0.66 | $14 |
| Cost of Funds (%) | ▲ | 0.73% | -0.19 | 0.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,915 | +42.70 | $1,872 |
| Gross Loans ($M) | ▲ | $1,170 | +69.90 | $1,100 |
| Loan Growth YoY (%) | ▲ | 70.30% | +3.42 | 66.88% |
| Total Deposits ($M) | ▲ | $1,633 | +17.40 | $1,615 |
| Shareholders Equity ($M) | ▲ | $191 | +33.68 | $157 |
| Tang. Book Value ($M) | ▲ | $174 | +35.00 | $139 |
| TBV excl. AOCI ($M)** | ▲ | $202 | +33.14 | $169 |
| Loan / Deposit Ratio (%) | ▲ | 70.30% | +3.42 | 66.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.18 | 0.52% |
| Allowance / Loans (%) | — | 1.91% | 0.10% | 1.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.53% | -0.33 | 0.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.94% | +1.19 | 16.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆▁▅▆▇██ | Net Interest Margin (%) | 4.79% | 4.83% | 4.61% | 4.81% | 4.86% | 4.90% | 4.95% | 4.95% |
| ▁▁▂▂▄▅█▇ | Return on Assets (%) | 2.49% | 2.47% | 2.57% | 2.59% | 2.69% | 2.74% | 2.97% | 2.89% |
| █▄▄▆▅▅▁▃ | Efficiency Ratio (%) | 44.3% | 41.4% | 41.3% | 42.2% | 41.5% | 41.4% | 38.6% | 40.2% |
| ██▆▆▅▄▁▂ | Cost of Funds (%) | 0.97% | 1.01% | 0.91% | 0.92% | 0.85% | 0.84% | 0.68% | 0.73% |
| █▄▆▆▅▁▁▁ | NPA / Assets (%) | 0.63% | 0.46% | 0.53% | 0.52% | 0.51% | 0.33% | 0.31% | 0.33% |
| █▅█▇▆▁▁▁ | Net Charge-Off Ratio (%) | 0.97% | 0.79% | 0.95% | 0.86% | 0.84% | 0.54% | 0.51% | 0.53% |
| ▂▁▁▃▆███ | Tang. Book Value ($M) | $133 | $124 | $130 | $139 | $163 | $180 | $173 | $174 |
| ▁▁▄▅▅▅▇█ | Gross Loans ($M) | $999 | $1,020 | $1,064 | $1,100 | $1,094 | $1,085 | $1,141 | $1,170 |
| ▁▂█▅▃▃▆▅ | Total Deposits ($M) | $1,511 | $1,537 | $1,714 | $1,615 | $1,579 | $1,570 | $1,663 | $1,633 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 8% |