Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.82% | -1.04 | 1.86% |
| Return on Equity (%) | ▼ | 7.06% | -11.53 | 18.59% |
| Net Interest Margin (%) | ▲ | 4.95% | +0.57 | 4.38% |
| Efficiency Ratio (%) | ▼ | 62.36% | +1.94 | 60.42% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.15 | $7 |
| Cost of Funds (%) | ▲ | 0.75% | -0.17 | 0.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,282 | +43.94 | $1,238 |
| Gross Loans ($M) | ▲ | $794 | +38.82 | $755 |
| Loan Growth YoY (%) | ▲ | 69.80% | +2.09 | 67.71% |
| Total Deposits ($M) | ▲ | $1,118 | +19.93 | $1,098 |
| Shareholders Equity ($M) | ▲ | $149 | +20.80 | $128 |
| Tang. Book Value ($M) | ▲ | $133 | +20.80 | $112 |
| TBV excl. AOCI ($M)** | ▲ | $146 | +19.64 | $126 |
| Loan / Deposit Ratio (%) | ▲ | 69.80% | +2.09 | 67.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.40% | +0.10 | 0.30% |
| Allowance / Loans (%) | — | 1.71% | 0.18% | 1.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.61% | +0.12 | 0.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.33% | +1.56 | 16.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▄▆█ | Net Interest Margin (%) | 4.02% | 4.07% | 4.30% | 4.38% | 4.43% | 4.45% | 4.66% | 4.95% |
| ▃▂▅▆▆█▄▁ | Return on Assets (%) | 1.30% | 1.17% | 1.80% | 1.86% | 2.03% | 2.46% | 1.57% | 0.82% |
| ██▄▁▃▄▆▂ | Efficiency Ratio (%) | 67.9% | 68.2% | 64.1% | 60.4% | 62.7% | 64.2% | 65.5% | 62.4% |
| █▆▄▄▄▃▁▁ | Cost of Funds (%) | 1.15% | 1.04% | 0.90% | 0.92% | 0.91% | 0.88% | 0.78% | 0.75% |
| ▃▁▁▁▁▄█▂ | NPA / Assets (%) | 0.47% | 0.32% | 0.23% | 0.30% | 0.27% | 0.59% | 1.03% | 0.40% |
| ▃▁▁▁▁▄█▂ | Net Charge-Off Ratio (%) | 0.74% | 0.51% | 0.38% | 0.49% | 0.43% | 0.94% | 1.63% | 0.61% |
| ▁▁▂▃▅███ | Tang. Book Value ($M) | $101 | $100 | $107 | $112 | $120 | $131 | $133 | $133 |
| ▂▄▁▂▄▇██ | Gross Loans ($M) | $757 | $769 | $746 | $755 | $772 | $790 | $799 | $794 |
| ▁▃▂▅▇▅▇█ | Total Deposits ($M) | $1,070 | $1,086 | $1,080 | $1,098 | $1,107 | $1,096 | $1,111 | $1,118 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 4% |