Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.16 | 0.93% |
| Return on Equity (%) | ▲ | 9.98% | +1.34 | 8.64% |
| Net Interest Margin (%) | ▼ | 4.15% | -0.13 | 4.28% |
| Efficiency Ratio (%) | ▲ | 70.04% | -1.47 | 71.51% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.43 | $4 |
| Cost of Funds (%) | ▼ | 0.90% | +0.05 | 0.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,264 | +49.17 | $1,215 |
| Gross Loans ($M) | ▲ | $770 | +24.11 | $746 |
| Loan Growth YoY (%) | ▼ | 68.36% | -0.42 | 68.78% |
| Total Deposits ($M) | ▲ | $1,113 | +42.31 | $1,071 |
| Shareholders Equity ($M) | ▲ | $139 | +7.46 | $131 |
| Tang. Book Value ($M) | ▲ | $125 | +7.46 | $118 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +8.81 | $133 |
| Loan / Deposit Ratio (%) | ▼ | 68.36% | -0.42 | 68.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Allowance / Loans (%) | — | 1.16% | -0.08% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.03 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.39% | +0.73 | 15.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▅▇██▁▃ | Net Interest Margin (%) | 4.32% | 4.29% | 4.21% | 4.28% | 4.29% | 4.29% | 4.07% | 4.15% |
| ▄▃▁▂▆▆▆█ | Return on Assets (%) | 0.97% | 0.94% | 0.89% | 0.93% | 1.02% | 1.03% | 1.02% | 1.09% |
| ▇█▆▄▁▁▄▁ | Efficiency Ratio (%) | 73.4% | 74.4% | 72.8% | 71.5% | 69.8% | 69.7% | 72.0% | 70.0% |
| ▆█▃▁▁▄▄▄ | Cost of Funds (%) | 0.93% | 0.97% | 0.88% | 0.85% | 0.85% | 0.90% | 0.90% | 0.90% |
| ███▃▂▁▄▂ | NPA / Assets (%) | 0.10% | 0.09% | 0.10% | 0.04% | 0.03% | 0.01% | 0.05% | 0.02% |
| ███▃▂▁▄▂ | Net Charge-Off Ratio (%) | 0.16% | 0.16% | 0.17% | 0.06% | 0.05% | 0.02% | 0.09% | 0.04% |
| ▅▁▂▄▆███ | Tang. Book Value ($M) | $120 | $113 | $116 | $118 | $122 | $125 | $126 | $125 |
| ▁▁▁▅████ | Gross Loans ($M) | $699 | $704 | $706 | $746 | $772 | $775 | $771 | $770 |
| ▁▁▄▄▇▇█▇ | Total Deposits ($M) | $1,012 | $1,015 | $1,075 | $1,071 | $1,115 | $1,123 | $1,139 | $1,113 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 6% |