Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.20% | +0.62 | -0.42% |
| Return on Equity (%) | ▲ | 2.29% | +7.59 | -5.30% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.19 | 2.86% |
| Efficiency Ratio (%) | ▼ | 94.71% | +1.30 | 93.41% |
| Pre-Provision Profit ($M) | ▼ | $1 | -3.57 | $5 |
| Cost of Funds (%) | ▲ | 1.99% | -0.29 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,107 | -74.81 | $2,181 |
| Gross Loans ($M) | ▼ | $1,615 | -49.52 | $1,664 |
| Loan Growth YoY (%) | ▼ | 99.02% | -0.19 | 99.22% |
| Total Deposits ($M) | ▼ | $1,614 | -44.76 | $1,659 |
| Shareholders Equity ($M) | ▲ | $181 | +8.20 | $173 |
| Tang. Book Value ($M) | ▲ | $177 | +8.43 | $168 |
| TBV excl. AOCI ($M)** | ▲ | $191 | +7.60 | $184 |
| Loan / Deposit Ratio (%) | ▼ | 99.02% | -0.19 | 99.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.06% | +0.06 | 1.00% |
| Allowance / Loans (%) | — | 1.01% | -0.09% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +0.06 | 1.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.40% | +0.37 | 12.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▆██ | Net Interest Margin (%) | 2.83% | 2.83% | 2.81% | 2.86% | 2.93% | 2.98% | 3.06% | 3.06% |
| ▇▇▁▆▇▇██ | Return on Assets (%) | -0.14% | -0.14% | -1.65% | -0.42% | -0.18% | -0.10% | 0.15% | 0.20% |
| ▁▁█▄▄▄▄▄ | Efficiency Ratio (%) | 79.2% | 79.1% | 113.9% | 93.4% | 95.1% | 93.1% | 95.5% | 94.7% |
| ██▆▆▅▂▁▁ | Cost of Funds (%) | 2.45% | 2.45% | 2.31% | 2.28% | 2.25% | 2.08% | 1.96% | 1.99% |
| ██▃▄▁▆▅▅ | NPA / Assets (%) | 1.36% | 1.37% | 0.95% | 1.00% | 0.71% | 1.15% | 1.09% | 1.06% |
| ██▄▄▁▅▅▄ | Net Charge-Off Ratio (%) | 1.75% | 1.80% | 1.23% | 1.23% | 0.83% | 1.39% | 1.33% | 1.28% |
| █▆▁▂▆▇▆▇ | Tang. Book Value ($M) | $178 | $174 | $167 | $168 | $174 | $176 | $175 | $177 |
| █▆▃▄▁▂▂▁ | Gross Loans ($M) | $1,733 | $1,692 | $1,658 | $1,664 | $1,626 | $1,630 | $1,631 | $1,615 |
| █▇▅▄▅▁▁▁ | Total Deposits ($M) | $1,719 | $1,693 | $1,674 | $1,659 | $1,668 | $1,604 | $1,611 | $1,614 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 18% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |