Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.39% | -0.40 | 1.79% |
| Return on Equity (%) | ▼ | 12.52% | -7.08 | 19.60% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.38 | 3.42% |
| Efficiency Ratio (%) | ▼ | 64.83% | +8.94 | 55.89% |
| Pre-Provision Profit ($M) | ▼ | $2 | -1.43 | $3 |
| Cost of Funds (%) | ▲ | 1.73% | -0.36 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $657 | -21.37 | $679 |
| Gross Loans ($M) | ▼ | $530 | -13.78 | $544 |
| Loan Growth YoY (%) | ▲ | 90.91% | +1.69 | 89.22% |
| Total Deposits ($M) | ▼ | $576 | -26.47 | $603 |
| Shareholders Equity ($M) | ▲ | $74 | +7.66 | $66 |
| Tang. Book Value ($M) | ▲ | $74 | +7.66 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +7.88 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 90.91% | +1.69 | 89.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.02% | +0.96 | 0.06% |
| Allowance / Loans (%) | — | 1.18% | 0.04% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 1.26% | +1.19 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.44% | +1.06 | 14.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆██ | Net Interest Margin (%) | 2.99% | 3.05% | 3.24% | 3.42% | 3.48% | 3.53% | 3.73% | 3.80% |
| ▁▁▇▇▇█▇▃ | Return on Assets (%) | 1.16% | 1.23% | 1.76% | 1.79% | 1.76% | 1.92% | 1.79% | 1.39% |
| █▇▁▁▂▁▄▇ | Efficiency Ratio (%) | 66.5% | 64.8% | 55.8% | 55.9% | 57.8% | 55.6% | 59.7% | 64.8% |
| █▇▆▅▄▂▁▁ | Cost of Funds (%) | 2.36% | 2.28% | 2.13% | 2.09% | 2.03% | 1.84% | 1.73% | 1.73% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.03% | 0.06% | 0.04% | 0.05% | 0.05% | 1.02% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.03% | 0.08% | 0.05% | 0.06% | 0.06% | 1.26% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $63 | $63 | $65 | $66 | $69 | $71 | $73 | $74 |
| ▆██▄▂▂▁▃ | Gross Loans ($M) | $559 | $576 | $576 | $544 | $524 | $525 | $511 | $530 |
| ▃▆█▄▁▁▂▁ | Total Deposits ($M) | $593 | $628 | $655 | $603 | $571 | $568 | $587 | $576 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 6% |
| Agricultural | 6% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 10% |