Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.76% | +0.12 | 1.64% |
| Return on Equity (%) | ▲ | 20.64% | +0.62 | 20.02% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.35 | 3.77% |
| Efficiency Ratio (%) | ▲ | 52.01% | -0.49 | 52.50% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.15 | $5 |
| Cost of Funds (%) | ▲ | 1.83% | -0.30 | 2.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,106 | +103.79 | $1,002 |
| Gross Loans ($M) | ▲ | $895 | +86.62 | $809 |
| Loan Growth YoY (%) | ▼ | 102.68% | -0.81 | 103.49% |
| Total Deposits ($M) | ▲ | $860 | +89.00 | $771 |
| Shareholders Equity ($M) | ▲ | $94 | +9.56 | $84 |
| Tang. Book Value ($M) | ▲ | $94 | +9.56 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +9.38 | $87 |
| Loan / Deposit Ratio (%) | ▼ | 102.68% | -0.81 | 103.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.47% | +1.41 | 0.06% |
| Allowance / Loans (%) | — | 1.35% | 0.04% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 1.82% | +1.74 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.89% | -0.02 | 10.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▄▆██ | Net Interest Margin (%) | 3.74% | 3.78% | 3.75% | 3.77% | 3.90% | 4.02% | 4.12% | 4.11% |
| ▃▁▁▁▅█▄▅ | Return on Assets (%) | 1.71% | 1.63% | 1.66% | 1.64% | 1.78% | 1.88% | 1.73% | 1.76% |
| █▆▄▂▁▁▁▂ | Efficiency Ratio (%) | 60.6% | 58.1% | 55.0% | 52.5% | 51.8% | 51.3% | 50.7% | 52.0% |
| ▄▂▃█▁▁▁▃ | Cost of Funds (%) | 1.89% | 1.83% | 1.88% | 2.13% | 1.78% | 1.73% | 1.74% | 1.83% |
| ▁▁▁▁▂▁██ | NPA / Assets (%) | 0.14% | 0.02% | 0.06% | 0.06% | 0.21% | 0.12% | 1.50% | 1.47% |
| ▁▁▁▁▂▁██ | Net Charge-Off Ratio (%) | 0.16% | 0.03% | 0.08% | 0.07% | 0.25% | 0.15% | 1.83% | 1.82% |
| ▁▂▂▃▄▆██ | Tang. Book Value ($M) | $81 | $83 | $83 | $84 | $87 | $89 | $94 | $94 |
| ▁▁▁▃▆▇██ | Gross Loans ($M) | $766 | $759 | $772 | $809 | $856 | $875 | $899 | $895 |
| ▁▅▅▄▅▆██ | Total Deposits ($M) | $700 | $793 | $794 | $771 | $792 | $812 | $846 | $860 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |