Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.68% | -0.03 | 0.72% |
| Return on Equity (%) | ▼ | 7.88% | -0.64 | 8.52% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.45 | 3.12% |
| Efficiency Ratio (%) | ▲ | 64.34% | -2.46 | 66.80% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.24 | $4 |
| Cost of Funds (%) | ▲ | 1.60% | -0.12 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,554 | +151.43 | $1,402 |
| Gross Loans ($M) | ▲ | $1,050 | +134.74 | $915 |
| Loan Growth YoY (%) | ▲ | 77.97% | +0.99 | 76.98% |
| Total Deposits ($M) | ▲ | $1,327 | +154.49 | $1,173 |
| Shareholders Equity ($M) | ▲ | $135 | +16.91 | $118 |
| Tang. Book Value ($M) | ▲ | $103 | +10.29 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $120 | +9.80 | $111 |
| Loan / Deposit Ratio (%) | ▲ | 77.97% | +0.99 | 76.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.63% | +1.38 | 0.25% |
| Allowance / Loans (%) | — | 1.46% | 0.07% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 1.87% | +1.49 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.14% | -0.80 | 10.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.75% | 2.80% | 3.01% | 3.12% | 3.21% | 3.29% | 3.54% | 3.57% |
| ▁▁▁▃▁▃█▂ | Return on Assets (%) | 0.60% | 0.64% | 0.62% | 0.72% | 0.63% | 0.73% | 0.95% | 0.68% |
| ███▆▆▅▁▄ | Efficiency Ratio (%) | 70.1% | 70.0% | 70.0% | 66.8% | 67.4% | 65.8% | 60.6% | 64.3% |
| █▇▃▃▄▃▂▁ | Cost of Funds (%) | 2.05% | 1.97% | 1.75% | 1.72% | 1.80% | 1.75% | 1.66% | 1.60% |
| ▁▁▁▁▂▇▇█ | NPA / Assets (%) | 0.12% | 0.14% | 0.15% | 0.25% | 0.42% | 1.30% | 1.26% | 1.63% |
| ▁▁▁▁▃█▅█ | Net Charge-Off Ratio (%) | 0.18% | 0.23% | 0.23% | 0.39% | 0.62% | 1.93% | 1.26% | 1.87% |
| ▄▁▂▃▄▇██ | Tang. Book Value ($M) | $94 | $87 | $91 | $92 | $95 | $101 | $104 | $103 |
| ▁▁▂▃▇███ | Gross Loans ($M) | $848 | $854 | $886 | $915 | $1,021 | $1,059 | $1,035 | $1,050 |
| ▁▁▁▁▇███ | Total Deposits ($M) | $1,176 | $1,156 | $1,165 | $1,173 | $1,293 | $1,321 | $1,331 | $1,327 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 13% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 9% |