Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.49% | +0.40 | 1.09% |
| Return on Equity (%) | ▲ | 15.46% | +3.59 | 11.87% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.24 | 3.66% |
| Efficiency Ratio (%) | ▲ | 47.22% | -8.29 | 55.51% |
| Pre-Provision Profit ($M) | ▲ | $8 | +2.77 | $5 |
| Cost of Funds (%) | ▲ | 2.15% | -0.05 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,554 | +105.37 | $1,448 |
| Gross Loans ($M) | ▲ | $1,288 | +113.81 | $1,174 |
| Loan Growth YoY (%) | ▼ | 91.73% | -1.74 | 93.47% |
| Total Deposits ($M) | ▲ | $1,389 | +146.14 | $1,243 |
| Shareholders Equity ($M) | ▲ | $151 | +19.73 | $132 |
| Tang. Book Value ($M) | ▲ | $137 | +21.56 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $145 | +21.34 | $124 |
| Loan / Deposit Ratio (%) | ▼ | 91.73% | -1.74 | 93.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.55% | +0.19 | 0.36% |
| Allowance / Loans (%) | — | 1.07% | 0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.66% | +0.26 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.63% | +0.49 | 11.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▇▇███ | Net Interest Margin (%) | 2.31% | 2.57% | 3.55% | 3.66% | 3.70% | 3.77% | 3.86% | 3.90% |
| ▁▂▆▆▆▇██ | Return on Assets (%) | 0.20% | 0.41% | 1.09% | 1.09% | 1.16% | 1.22% | 1.34% | 1.49% |
| █▇▃▃▃▂▁▁ | Efficiency Ratio (%) | 70.2% | 66.7% | 54.5% | 55.5% | 53.7% | 52.4% | 49.8% | 47.2% |
| ██▂▄▅▂▁▁ | Cost of Funds (%) | 2.28% | 2.28% | 2.17% | 2.21% | 2.22% | 2.16% | 2.14% | 2.15% |
| ▂▄▂▁▁▁▃█ | NPA / Assets (%) | 0.41% | 0.44% | 0.39% | 0.36% | 0.37% | 0.37% | 0.42% | 0.55% |
| ▃▅▁▁▁▂▃█ | Net Charge-Off Ratio (%) | 0.48% | 0.54% | 0.43% | 0.40% | 0.42% | 0.44% | 0.50% | 0.66% |
| ▁▁▂▂▄▆▇█ | Tang. Book Value ($M) | $112 | $112 | $116 | $116 | $123 | $128 | $133 | $137 |
| ▁▁▁▃▄▅██ | Gross Loans ($M) | $1,131 | $1,126 | $1,144 | $1,174 | $1,204 | $1,223 | $1,276 | $1,288 |
| ▁▂▃▄▆▇██ | Total Deposits ($M) | $1,105 | $1,161 | $1,189 | $1,243 | $1,292 | $1,336 | $1,363 | $1,389 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |