Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.33% | +0.22 | 2.12% |
| Return on Equity (%) | ▲ | 22.80% | +0.94 | 21.86% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.13 | 4.24% |
| Efficiency Ratio (%) | ▲ | 45.41% | -0.62 | 46.03% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.13 | $6 |
| Cost of Funds (%) | ▲ | 2.36% | -0.27 | 2.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $950 | +76.50 | $873 |
| Gross Loans ($M) | ▲ | $752 | +45.08 | $706 |
| Loan Growth YoY (%) | ▲ | 91.95% | +0.89 | 91.07% |
| Total Deposits ($M) | ▲ | $807 | +41.38 | $766 |
| Shareholders Equity ($M) | ▲ | $96 | +12.07 | $84 |
| Tang. Book Value ($M) | ▲ | $96 | +12.07 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $99 | +12.34 | $86 |
| Loan / Deposit Ratio (%) | ▲ | 91.95% | +0.89 | 91.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.34% | +0.29 | 1.06% |
| Allowance / Loans (%) | — | 1.27% | -0.05% | 1.31% |
| Net Charge-Off Ratio (%) | ▼ | 1.39% | +0.08 | 1.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.23% | +0.49 | 12.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇████ | Net Interest Margin (%) | 3.68% | 3.77% | 4.09% | 4.24% | 4.33% | 4.35% | 4.37% | 4.38% |
| ▁▁▅▆▇▆██ | Return on Assets (%) | 1.68% | 1.75% | 2.02% | 2.12% | 2.20% | 2.14% | 2.27% | 2.33% |
| ██▃▁▁▃▁▁ | Efficiency Ratio (%) | 52.9% | 52.7% | 47.5% | 46.0% | 45.8% | 47.4% | 46.2% | 45.4% |
| █▇▃▄▄▂▁▁ | Cost of Funds (%) | 2.98% | 2.85% | 2.54% | 2.63% | 2.62% | 2.47% | 2.36% | 2.36% |
| ▁▁▆▅▅▃▃█ | NPA / Assets (%) | 0.58% | 0.58% | 1.08% | 1.06% | 0.98% | 0.87% | 0.83% | 1.34% |
| ▂▂██▇▆▁█ | Net Charge-Off Ratio (%) | 0.73% | 0.71% | 1.34% | 1.31% | 1.23% | 1.09% | 0.51% | 1.39% |
| ▁▁▃▃▅▆██ | Tang. Book Value ($M) | $78 | $80 | $85 | $84 | $90 | $92 | $97 | $96 |
| ▁▁▄▄▅▆▆█ | Gross Loans ($M) | $662 | $673 | $698 | $706 | $715 | $722 | $722 | $752 |
| ▁▁▄▅▆▇▇█ | Total Deposits ($M) | $710 | $717 | $757 | $766 | $781 | $792 | $785 | $807 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 13% |