Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.53 | 1.13% |
| Return on Equity (%) | ▲ | 14.70% | +3.83 | 10.87% |
| Net Interest Margin (%) | ▲ | 4.44% | +0.29 | 4.15% |
| Efficiency Ratio (%) | ▲ | 45.11% | -15.00 | 60.11% |
| Pre-Provision Profit ($M) | ▲ | $12 | +7.10 | $5 |
| Cost of Funds (%) | ▲ | 1.36% | -0.29 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,010 | +164.54 | $1,845 |
| Gross Loans ($M) | ▲ | $1,530 | +174.55 | $1,356 |
| Loan Growth YoY (%) | ▲ | 85.39% | +3.49 | 81.89% |
| Total Deposits ($M) | ▲ | $1,768 | +137.03 | $1,631 |
| Shareholders Equity ($M) | ▲ | $229 | +32.67 | $196 |
| Tang. Book Value ($M) | ▲ | $229 | +32.67 | $196 |
| TBV excl. AOCI ($M)** | ▲ | $240 | +31.75 | $208 |
| Loan / Deposit Ratio (%) | ▲ | 85.39% | +3.49 | 81.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.08 | 0.09% |
| Allowance / Loans (%) | — | 1.37% | -0.13% | 1.50% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.11 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▃▅▇▇ | Net Interest Margin (%) | 4.53% | 4.43% | 4.09% | 4.15% | 4.24% | 4.32% | 4.44% | 4.44% |
| ██▆▁▄▅▇█ | Return on Assets (%) | 1.71% | 1.70% | 1.56% | 1.13% | 1.37% | 1.46% | 1.63% | 1.67% |
| ▁▁▁█▅▃▁▁ | Efficiency Ratio (%) | 46.5% | 45.5% | 46.9% | 60.1% | 53.3% | 50.2% | 46.3% | 45.1% |
| ▆█▆▇▆▃▁▁ | Cost of Funds (%) | 1.62% | 1.73% | 1.60% | 1.65% | 1.59% | 1.46% | 1.35% | 1.36% |
| ▁▄▃▆▂█▁▁ | NPA / Assets (%) | 0.02% | 0.06% | 0.05% | 0.09% | 0.04% | 0.14% | 0.01% | 0.02% |
| ▂▄▃▆▂█▁▁ | Net Charge-Off Ratio (%) | 0.03% | 0.08% | 0.07% | 0.13% | 0.05% | 0.18% | 0.01% | 0.02% |
| ▁▁▂▂▄▅▇█ | Tang. Book Value ($M) | $187 | $189 | $197 | $196 | $205 | $211 | $220 | $229 |
| ▁▂▂▄▅▇▇█ | Gross Loans ($M) | $1,245 | $1,291 | $1,299 | $1,356 | $1,417 | $1,461 | $1,488 | $1,530 |
| ▁▃▃▂▇▃▄█ | Total Deposits ($M) | $1,610 | $1,651 | $1,654 | $1,631 | $1,731 | $1,658 | $1,684 | $1,768 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Agricultural | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 7% |