Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.20 | 0.82% |
| Return on Equity (%) | ▲ | 8.08% | +0.94 | 7.14% |
| Net Interest Margin (%) | ▲ | 3.97% | +0.39 | 3.58% |
| Efficiency Ratio (%) | ▲ | 61.72% | -4.66 | 66.37% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.01 | $3 |
| Cost of Funds (%) | ▲ | 1.47% | -0.30 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,071 | -2.13 | $1,073 |
| Gross Loans ($M) | ▼ | $737 | -23.75 | $761 |
| Loan Growth YoY (%) | ▲ | 86.63% | +2.91 | 83.71% |
| Total Deposits ($M) | ▼ | $836 | -57.97 | $894 |
| Shareholders Equity ($M) | ▲ | $133 | +2.25 | $131 |
| Tang. Book Value ($M) | ▲ | $125 | +3.00 | $122 |
| TBV excl. AOCI ($M)** | ▲ | $136 | +4.09 | $132 |
| Loan / Deposit Ratio (%) | ▲ | 86.63% | +2.91 | 83.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.74% | -0.79 | 1.53% |
| Allowance / Loans (%) | — | 1.79% | 0.11% | 1.68% |
| Net Charge-Off Ratio (%) | ▲ | 0.90% | -1.25 | 2.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.98% | +0.65 | 15.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▂▃█▆ | Net Interest Margin (%) | 3.49% | 3.43% | 3.47% | 3.58% | 3.60% | 3.62% | 4.16% | 3.97% |
| ▁▂▇▇▇▇██ | Return on Assets (%) | -0.88% | -0.52% | 0.76% | 0.82% | 0.80% | 0.86% | 1.22% | 1.03% |
| ▅▆█▇█▆▁▃ | Efficiency Ratio (%) | 63.1% | 64.4% | 67.9% | 66.4% | 67.6% | 64.8% | 58.1% | 61.7% |
| ██▅▄▃▂▁▁ | Cost of Funds (%) | 2.26% | 2.19% | 1.91% | 1.78% | 1.71% | 1.60% | 1.48% | 1.47% |
| ██▆▅▄▃▂▁ | NPA / Assets (%) | 2.08% | 2.04% | 1.68% | 1.53% | 1.40% | 1.21% | 1.04% | 0.74% |
| ██▆▆▅▄▃▁ | Net Charge-Off Ratio (%) | 2.64% | 2.76% | 2.27% | 2.15% | 1.98% | 1.77% | 1.55% | 0.90% |
| ▁▂▄▆█▇██ | Tang. Book Value ($M) | $111 | $113 | $118 | $122 | $125 | $124 | $126 | $125 |
| ██▆▄▃▁▁▃ | Gross Loans ($M) | $821 | $822 | $782 | $761 | $738 | $716 | $701 | $737 |
| ▅█▇▅▃▁▁▁ | Total Deposits ($M) | $904 | $946 | $922 | $894 | $869 | $843 | $842 | $836 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 6% |