Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.60% | -0.05 | 1.66% |
| Return on Equity (%) | ▼ | 11.84% | -0.54 | 12.38% |
| Net Interest Margin (%) | ▲ | 4.62% | +0.13 | 4.48% |
| Efficiency Ratio (%) | ▼ | 48.69% | +0.98 | 47.72% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.63 | $7 |
| Cost of Funds (%) | ▲ | 1.53% | -0.07 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,283 | +40.16 | $1,243 |
| Gross Loans ($M) | ▲ | $876 | +106.65 | $769 |
| Loan Growth YoY (%) | ▲ | 78.46% | +7.33 | 71.14% |
| Total Deposits ($M) | ▲ | $1,093 | +33.63 | $1,059 |
| Shareholders Equity ($M) | ▲ | $176 | +6.44 | $169 |
| Tang. Book Value ($M) | ▲ | $138 | +7.07 | $131 |
| TBV excl. AOCI ($M)** | ▲ | $152 | +6.16 | $146 |
| Loan / Deposit Ratio (%) | ▲ | 78.46% | +7.33 | 71.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.47% | -0.28 | 1.76% |
| Allowance / Loans (%) | — | 2.06% | 0.06% | 2.00% |
| Net Charge-Off Ratio (%) | ▲ | 2.07% | -0.71 | 2.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅██▆▇ | Net Interest Margin (%) | 4.21% | 4.24% | 4.41% | 4.48% | 4.63% | 4.68% | 4.51% | 4.62% |
| ▁▁▁▅██▁▃ | Return on Assets (%) | 1.56% | 1.55% | 1.57% | 1.66% | 1.74% | 1.72% | 1.57% | 1.60% |
| ▄▄▅▃▁▄█▆ | Efficiency Ratio (%) | 48.1% | 48.1% | 48.4% | 47.7% | 46.6% | 47.8% | 49.8% | 48.7% |
| ██▃▃▄▄▁▁ | Cost of Funds (%) | 1.76% | 1.77% | 1.61% | 1.60% | 1.63% | 1.64% | 1.54% | 1.53% |
| ▄▂▆█▄▄▁▄ | NPA / Assets (%) | 1.45% | 1.36% | 1.61% | 1.76% | 1.48% | 1.47% | 1.25% | 1.47% |
| ▅▄▇█▄▃▁▃ | Net Charge-Off Ratio (%) | 2.32% | 2.20% | 2.58% | 2.77% | 2.19% | 2.12% | 1.73% | 2.07% |
| ▄▁▃▅█▄▆█ | Tang. Book Value ($M) | $128 | $120 | $125 | $131 | $138 | $129 | $133 | $138 |
| ▁▁▂▃▆▆▇█ | Gross Loans ($M) | $721 | $719 | $747 | $769 | $817 | $828 | $846 | $876 |
| ▁▂▄▅▄▅▇█ | Total Deposits ($M) | $1,017 | $1,027 | $1,047 | $1,059 | $1,048 | $1,057 | $1,078 | $1,093 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 18% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 14% |