Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.46% | -0.01 | 1.47% |
| Return on Equity (%) | ▼ | 16.71% | -0.84 | 17.55% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.35 | 3.82% |
| Efficiency Ratio (%) | ▲ | 62.07% | -1.34 | 63.41% |
| Pre-Provision Profit ($M) | ▲ | $9 | +0.38 | $8 |
| Cost of Funds (%) | ▲ | 1.82% | -0.25 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,084 | +207.30 | $1,876 |
| Gross Loans ($M) | ▲ | $1,839 | +146.13 | $1,693 |
| Loan Growth YoY (%) | ▲ | 98.56% | +0.34 | 98.22% |
| Total Deposits ($M) | ▲ | $1,844 | +140.45 | $1,703 |
| Shareholders Equity ($M) | ▲ | $179 | +18.14 | $161 |
| Tang. Book Value ($M) | ▲ | $179 | +18.14 | $161 |
| TBV excl. AOCI ($M)** | ▲ | $184 | +18.26 | $165 |
| Loan / Deposit Ratio (%) | ▲ | 98.56% | +0.34 | 98.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.81% | +0.02 | 0.79% |
| Allowance / Loans (%) | — | 1.19% | 0.01% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.04 | 0.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.75% | +0.03 | 9.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆██ | Net Interest Margin (%) | 3.62% | 3.65% | 3.68% | 3.82% | 3.90% | 4.01% | 4.14% | 4.17% |
| ▁▂▃▆▆▇█▆ | Return on Assets (%) | 1.08% | 1.19% | 1.27% | 1.47% | 1.49% | 1.56% | 1.65% | 1.46% |
| █▆▆▃▂▁▂▂ | Efficiency Ratio (%) | 68.8% | 66.7% | 66.6% | 63.4% | 62.4% | 60.4% | 61.8% | 62.1% |
| █▆▅▄▅▄▂▁ | Cost of Funds (%) | 2.32% | 2.18% | 2.11% | 2.07% | 2.08% | 2.06% | 1.94% | 1.82% |
| ▄▃▂▂█▁▅▂ | NPA / Assets (%) | 0.91% | 0.83% | 0.77% | 0.79% | 1.10% | 0.72% | 0.96% | 0.81% |
| ▆▄▃▃█▁▆▄ | Net Charge-Off Ratio (%) | 0.97% | 0.85% | 0.79% | 0.80% | 1.11% | 0.68% | 0.99% | 0.84% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $153 | $155 | $159 | $161 | $167 | $176 | $178 | $179 |
| ▁▂▂▃▆▇▇█ | Gross Loans ($M) | $1,619 | $1,659 | $1,648 | $1,693 | $1,757 | $1,808 | $1,792 | $1,839 |
| ▁▃▃▃▆▆██ | Total Deposits ($M) | $1,628 | $1,707 | $1,683 | $1,703 | $1,775 | $1,766 | $1,817 | $1,844 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 22% |
| Agricultural | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 18% |