Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.36 | 0.39% |
| Return on Equity (%) | ▲ | 8.97% | +3.64 | 5.33% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.56 | 3.01% |
| Efficiency Ratio (%) | ▲ | 72.07% | -11.64 | 83.71% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.51 | $2 |
| Cost of Funds (%) | ▲ | 0.74% | -0.23 | 0.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,144 | +13.72 | $1,130 |
| Gross Loans ($M) | ▲ | $648 | +15.46 | $633 |
| Loan Growth YoY (%) | ▼ | 63.03% | -0.54 | 63.57% |
| Total Deposits ($M) | ▲ | $1,023 | +33.87 | $989 |
| Shareholders Equity ($M) | ▲ | $98 | +13.17 | $84 |
| Tang. Book Value ($M) | ▲ | $92 | +13.17 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $110 | +11.53 | $99 |
| Loan / Deposit Ratio (%) | ▼ | 63.03% | -0.54 | 63.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.05 | 0.03% |
| Allowance / Loans (%) | — | 0.50% | -0.10% | 0.60% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.09 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.31% | +1.09 | 15.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.60% | 2.69% | 2.95% | 3.01% | 3.12% | 3.21% | 3.46% | 3.57% |
| ▁▁▁▂▄▅▇█ | Return on Assets (%) | 0.32% | 0.31% | 0.35% | 0.39% | 0.52% | 0.53% | 0.68% | 0.75% |
| ███▇▅▄▁▁ | Efficiency Ratio (%) | 86.2% | 85.6% | 85.3% | 83.7% | 80.8% | 78.9% | 73.1% | 72.1% |
| █▇▆▇▂▃▁▁ | Cost of Funds (%) | 1.01% | 0.97% | 0.93% | 0.97% | 0.80% | 0.83% | 0.77% | 0.74% |
| ▂██▁▁▁▄▄ | NPA / Assets (%) | 0.06% | 0.17% | 0.16% | 0.03% | 0.03% | 0.03% | 0.09% | 0.08% |
| ▂██▁▁▁▄▃ | Net Charge-Off Ratio (%) | 0.11% | 0.31% | 0.29% | 0.06% | 0.06% | 0.06% | 0.15% | 0.15% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $73 | $74 | $76 | $79 | $83 | $86 | $88 | $92 |
| ▁▂▅▆▄▅██ | Gross Loans ($M) | $595 | $607 | $628 | $633 | $622 | $625 | $649 | $648 |
| ▆▂▁▁█▃▂▅ | Total Deposits ($M) | $1,041 | $996 | $983 | $989 | $1,061 | $1,011 | $1,000 | $1,023 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 5% |