Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.35 | 1.18% |
| Return on Equity (%) | ▲ | 12.11% | +1.69 | 10.42% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.47 | 3.35% |
| Efficiency Ratio (%) | ▲ | 47.98% | -2.85 | 50.83% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.66 | $3 |
| Cost of Funds (%) | ▲ | 1.72% | -0.12 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $740 | +13.12 | $727 |
| Gross Loans ($M) | ▲ | $565 | +37.29 | $528 |
| Loan Growth YoY (%) | ▲ | 90.04% | +3.30 | 86.74% |
| Total Deposits ($M) | ▲ | $620 | +18.45 | $601 |
| Shareholders Equity ($M) | ▲ | $97 | +10.16 | $86 |
| Tang. Book Value ($M) | ▲ | $91 | +10.16 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $98 | +8.77 | $89 |
| Loan / Deposit Ratio (%) | ▲ | 90.04% | +3.30 | 86.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.45% | +0.02 | 0.43% |
| Allowance / Loans (%) | — | 1.22% | 0.07% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.54% | -0.05 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.38% | +0.50 | 16.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.85% | 2.94% | 3.27% | 3.35% | 3.43% | 3.50% | 3.74% | 3.82% |
| ▁▁▂▄▅▅██ | Return on Assets (%) | 0.88% | 0.94% | 1.01% | 1.18% | 1.22% | 1.24% | 1.46% | 1.54% |
| █▇▄▃▃▄▁▁ | Efficiency Ratio (%) | 57.8% | 56.5% | 52.7% | 50.8% | 51.1% | 51.8% | 48.7% | 48.0% |
| █▆▃▅▃▂▁▂ | Cost of Funds (%) | 2.02% | 1.91% | 1.77% | 1.84% | 1.76% | 1.74% | 1.65% | 1.72% |
| ▁▁▁▆█▇▆▆ | NPA / Assets (%) | 0.05% | 0.07% | 0.10% | 0.43% | 0.61% | 0.48% | 0.45% | 0.45% |
| ▁▁▁▇█▇▆▆ | Net Charge-Off Ratio (%) | 0.08% | 0.11% | 0.14% | 0.59% | 0.73% | 0.59% | 0.54% | 0.54% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $76 | $75 | $79 | $81 | $84 | $86 | $88 | $91 |
| ▁▂▄▄▅▅██ | Gross Loans ($M) | $505 | $515 | $529 | $528 | $541 | $541 | $560 | $565 |
| ▅▆█▄▁▄█▇ | Total Deposits ($M) | $607 | $614 | $628 | $601 | $580 | $599 | $623 | $620 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 10% |
| Agricultural | 19% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 8% |