Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.34% | -0.09 | 1.43% |
| Return on Equity (%) | ▼ | 11.94% | -2.01 | 13.95% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.07 | 4.63% |
| Efficiency Ratio (%) | ▼ | 62.50% | +4.36 | 58.14% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.26 | $4 |
| Cost of Funds (%) | ▲ | 1.22% | -0.11 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $873 | +47.87 | $825 |
| Gross Loans ($M) | ▲ | $496 | +94.13 | $402 |
| Loan Growth YoY (%) | ▲ | 64.12% | +8.53 | 55.59% |
| Total Deposits ($M) | ▲ | $763 | +48.47 | $715 |
| Shareholders Equity ($M) | ▲ | $99 | +8.59 | $91 |
| Tang. Book Value ($M) | ▲ | $85 | +9.35 | $75 |
| TBV excl. AOCI ($M)** | ▲ | $97 | +8.85 | $88 |
| Loan / Deposit Ratio (%) | ▲ | 64.12% | +8.53 | 55.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.22 | 0.12% |
| Allowance / Loans (%) | — | 1.29% | 0.21% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.23 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.76% | -1.44 | 17.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇██▇█ | Net Interest Margin (%) | 3.64% | 3.77% | 4.26% | 4.63% | 4.78% | 4.83% | 4.57% | 4.71% |
| ▁▁▆█▇█▅▇ | Return on Assets (%) | 1.02% | 1.05% | 1.31% | 1.43% | 1.37% | 1.40% | 1.27% | 1.34% |
| ██▃▁▁▁▄▄ | Efficiency Ratio (%) | 70.3% | 70.2% | 61.5% | 58.1% | 57.4% | 58.8% | 63.2% | 62.5% |
| █▅▁▃▂▁▂▂ | Cost of Funds (%) | 2.00% | 1.55% | 1.04% | 1.33% | 1.27% | 1.10% | 1.20% | 1.22% |
| █▇▁▁▃▄█▇ | NPA / Assets (%) | 0.40% | 0.33% | 0.09% | 0.12% | 0.20% | 0.23% | 0.40% | 0.34% |
| ▄▆▁▁▃▄█▆ | Net Charge-Off Ratio (%) | 0.36% | 0.43% | 0.16% | 0.19% | 0.29% | 0.34% | 0.57% | 0.42% |
| ▁▁▆▇▇███ | Tang. Book Value ($M) | $45 | $43 | $73 | $75 | $79 | $83 | $83 | $85 |
| ▁▁▃▄▆▇██ | Gross Loans ($M) | $322 | $327 | $385 | $402 | $448 | $472 | $482 | $496 |
| ▁▁█▇▇███ | Total Deposits ($M) | $410 | $420 | $751 | $715 | $705 | $750 | $784 | $763 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |