Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.07 | 1.02% |
| Return on Equity (%) | ▲ | 12.91% | +1.36 | 11.55% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.04 | 4.09% |
| Efficiency Ratio (%) | ▼ | 63.33% | +1.53 | 61.79% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.22 | $4 |
| Cost of Funds (%) | ▲ | 2.77% | -0.42 | 3.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,076 | +94.23 | $982 |
| Gross Loans ($M) | ▲ | $810 | +54.89 | $755 |
| Loan Growth YoY (%) | ▼ | 84.14% | -0.90 | 85.04% |
| Total Deposits ($M) | ▲ | $950 | +72.82 | $877 |
| Shareholders Equity ($M) | ▲ | $91 | +1.50 | $90 |
| Tang. Book Value ($M) | ▲ | $91 | +1.50 | $90 |
| TBV excl. AOCI ($M)** | ▲ | $94 | +1.25 | $93 |
| Loan / Deposit Ratio (%) | ▼ | 84.14% | -0.90 | 85.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.54% | +1.28 | 1.26% |
| Allowance / Loans (%) | — | 1.32% | 0.11% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 2.72% | +2.00 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.06% | -0.91 | 12.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆██▅▇ | Net Interest Margin (%) | 3.85% | 3.91% | 3.97% | 4.09% | 4.19% | 4.21% | 4.07% | 4.13% |
| ▁▄▇▇█▇▆█ | Return on Assets (%) | 0.76% | 0.92% | 1.02% | 1.02% | 1.08% | 1.03% | 0.99% | 1.09% |
| █▄▂▂▁▁▄▃ | Efficiency Ratio (%) | 71.1% | 64.4% | 62.2% | 61.8% | 60.9% | 59.6% | 64.7% | 63.3% |
| █▇██▆▃▁▁ | Cost of Funds (%) | 3.22% | 3.14% | 3.24% | 3.19% | 3.06% | 2.94% | 2.82% | 2.77% |
| ▁▁▂▂▁▅██ | NPA / Assets (%) | 1.12% | 1.05% | 1.27% | 1.26% | 1.11% | 1.92% | 2.55% | 2.54% |
| ▁▁▂▁▁▅██ | Net Charge-Off Ratio (%) | 0.44% | 0.55% | 0.83% | 0.72% | 0.63% | 1.75% | 2.63% | 2.72% |
| ▁▂▄▇▁▃▅█ | Tang. Book Value ($M) | $84 | $84 | $87 | $90 | $83 | $86 | $88 | $91 |
| ▁▃▄▄▄▆██ | Gross Loans ($M) | $715 | $744 | $754 | $755 | $758 | $786 | $800 | $810 |
| ▁▂▄▂▅▆██ | Total Deposits ($M) | $854 | $868 | $895 | $877 | $904 | $916 | $947 | $950 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 32% |