Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.34% | -0.01 | 1.35% |
| Return on Equity (%) | ▼ | 14.97% | -0.51 | 15.48% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.30 | 3.80% |
| Efficiency Ratio (%) | ▲ | 50.85% | -0.15 | 51.00% |
| Pre-Provision Profit ($M) | ▲ | $11 | +1.54 | $9 |
| Cost of Funds (%) | ▲ | 2.24% | -0.18 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,069 | +221.08 | $1,848 |
| Gross Loans ($M) | ▲ | $1,756 | +203.14 | $1,553 |
| Loan Growth YoY (%) | ▲ | 93.80% | +0.52 | 93.29% |
| Total Deposits ($M) | ▲ | $1,844 | +203.77 | $1,640 |
| Shareholders Equity ($M) | ▲ | $189 | +27.32 | $162 |
| Tang. Book Value ($M) | ▲ | $180 | +27.18 | $153 |
| TBV excl. AOCI ($M)** | ▲ | $191 | +28.28 | $162 |
| Loan / Deposit Ratio (%) | ▲ | 93.80% | +0.52 | 93.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.14 | 0.48% |
| Allowance / Loans (%) | — | 1.49% | 0.03% | 1.46% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.28 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -9.92 | 9.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅▆█ | Net Interest Margin (%) | 3.72% | 3.76% | 3.76% | 3.80% | 3.87% | 3.93% | 3.98% | 4.10% |
| ▁▃▅▅██▁▅ | Return on Assets (%) | 1.22% | 1.30% | 1.34% | 1.35% | 1.46% | 1.46% | 1.23% | 1.34% |
| ▆▅█▇▂▁▇▇ | Efficiency Ratio (%) | 50.4% | 50.0% | 51.5% | 51.0% | 48.7% | 48.2% | 50.7% | 50.9% |
| █▇▆▅▄▂▁▁ | Cost of Funds (%) | 2.57% | 2.50% | 2.44% | 2.41% | 2.36% | 2.29% | 2.22% | 2.24% |
| ▇▆█▇▆▄▁▃ | NPA / Assets (%) | 0.48% | 0.46% | 0.55% | 0.48% | 0.44% | 0.35% | 0.23% | 0.34% |
| ▇▇█▇▇▄▁▃ | Net Charge-Off Ratio (%) | 0.57% | 0.55% | 0.65% | 0.57% | 0.54% | 0.38% | 0.10% | 0.29% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $137 | $139 | $147 | $153 | $162 | $170 | $174 | $180 |
| ▁▂▂▄▅███ | Gross Loans ($M) | $1,401 | $1,450 | $1,480 | $1,553 | $1,604 | $1,741 | $1,728 | $1,756 |
| ▁▁▂▄▆▆██ | Total Deposits ($M) | $1,484 | $1,515 | $1,554 | $1,640 | $1,751 | $1,747 | $1,828 | $1,844 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 30% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 27% |