Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.10% | -0.30 | 2.40% |
| Return on Equity (%) | ▼ | 15.78% | -3.61 | 19.39% |
| Net Interest Margin (%) | ▼ | 5.00% | -0.03 | 5.03% |
| Efficiency Ratio (%) | ▼ | 45.31% | +5.73 | 39.58% |
| Pre-Provision Profit ($M) | ▼ | $11 | -3.69 | $15 |
| Cost of Funds (%) | ▲ | 1.89% | -0.30 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,913 | +77.98 | $1,835 |
| Gross Loans ($M) | ▲ | $1,603 | +102.61 | $1,500 |
| Loan Growth YoY (%) | ▲ | 96.65% | +3.71 | 92.94% |
| Total Deposits ($M) | ▲ | $1,638 | +43.66 | $1,594 |
| Shareholders Equity ($M) | ▲ | $265 | +34.45 | $231 |
| Tang. Book Value ($M) | ▲ | $254 | +34.57 | $220 |
| TBV excl. AOCI ($M)** | ▲ | $257 | +34.30 | $223 |
| Loan / Deposit Ratio (%) | ▲ | 96.65% | +3.71 | 92.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.03 | 0.32% |
| Allowance / Loans (%) | — | 1.22% | 0.00% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.03 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.18% | +1.28 | 13.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▁▂▄▂█▁ | Net Interest Margin (%) | 5.18% | 5.20% | 4.98% | 5.03% | 5.09% | 5.03% | 5.21% | 5.00% |
| ██▄▅▅▄▆▁ | Return on Assets (%) | 2.65% | 2.62% | 2.35% | 2.40% | 2.38% | 2.34% | 2.46% | 2.10% |
| ▁▁▂▂▃▃▂█ | Efficiency Ratio (%) | 37.7% | 38.1% | 39.3% | 39.6% | 40.1% | 40.4% | 39.5% | 45.3% |
| █▅▃▃▄▃▁▁ | Cost of Funds (%) | 2.82% | 2.44% | 2.15% | 2.19% | 2.26% | 2.15% | 1.97% | 1.89% |
| ▇▆▂▁▁▂█▂ | NPA / Assets (%) | 0.46% | 0.43% | 0.35% | 0.32% | 0.31% | 0.35% | 0.50% | 0.35% |
| ▇▆▃▁▁▂█▂ | Net Charge-Off Ratio (%) | 0.54% | 0.51% | 0.41% | 0.36% | 0.35% | 0.40% | 0.58% | 0.39% |
| ▁▂▂▄▅▆██ | Tang. Book Value ($M) | $195 | $204 | $210 | $220 | $230 | $239 | $248 | $254 |
| ▂▁▂▄▆███ | Gross Loans ($M) | $1,438 | $1,397 | $1,426 | $1,500 | $1,536 | $1,609 | $1,598 | $1,603 |
| ▁▁▂▄▆█▇▆ | Total Deposits ($M) | $1,524 | $1,516 | $1,551 | $1,594 | $1,637 | $1,701 | $1,671 | $1,638 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 34% |
| Agricultural | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 29% |