Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.85% | -0.11 | 0.96% |
| Return on Equity (%) | ▼ | 9.43% | -1.40 | 10.83% |
| Net Interest Margin (%) | ▲ | 3.48% | +0.14 | 3.34% |
| Efficiency Ratio (%) | ▼ | 69.33% | +3.24 | 66.10% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.83 | $5 |
| Cost of Funds (%) | ▲ | 2.01% | -0.14 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,682 | +111.34 | $1,570 |
| Gross Loans ($M) | ▲ | $1,278 | +84.23 | $1,194 |
| Loan Growth YoY (%) | ▼ | 89.90% | -0.15 | 90.05% |
| Total Deposits ($M) | ▲ | $1,404 | +93.63 | $1,311 |
| Shareholders Equity ($M) | ▲ | $156 | +14.80 | $141 |
| Tang. Book Value ($M) | ▲ | $141 | +14.82 | $126 |
| TBV excl. AOCI ($M)** | ▲ | $152 | +14.64 | $138 |
| Loan / Deposit Ratio (%) | ▼ | 89.90% | -0.15 | 90.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.82% | +0.81 | 0.00% |
| Allowance / Loans (%) | — | 1.19% | 0.09% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.92% | +0.91 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.14 | 11.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▅▅▆█ | Net Interest Margin (%) | 3.09% | 3.12% | 3.20% | 3.34% | 3.32% | 3.32% | 3.35% | 3.48% |
| ▁▁▇█▇▆▃▃ | Return on Assets (%) | 0.79% | 0.80% | 0.93% | 0.96% | 0.93% | 0.91% | 0.85% | 0.85% |
| ██▃▂▁▁▄▇ | Efficiency Ratio (%) | 69.8% | 70.4% | 67.0% | 66.1% | 65.3% | 65.2% | 67.4% | 69.3% |
| █▆▃▄▃▃▁▁ | Cost of Funds (%) | 2.32% | 2.21% | 2.10% | 2.16% | 2.11% | 2.11% | 2.04% | 2.01% |
| ▁▁▁▁▇██▇ | NPA / Assets (%) | 0.05% | 0.06% | 0.04% | 0.00% | 0.76% | 0.96% | 0.91% | 0.82% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.08% | 0.08% | 0.06% | 0.01% | 1.02% | 0.98% | 0.90% | 0.92% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $119 | $119 | $123 | $126 | $131 | $135 | $137 | $141 |
| ▁▂▂▄▆▇█▇ | Gross Loans ($M) | $1,084 | $1,117 | $1,138 | $1,194 | $1,229 | $1,274 | $1,308 | $1,278 |
| ▁▁▃▃▇██▇ | Total Deposits ($M) | $1,272 | $1,259 | $1,323 | $1,311 | $1,401 | $1,423 | $1,436 | $1,404 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 14% |
| Agricultural | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 20% |