Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.57% | -0.11 | 0.68% |
| Return on Equity (%) | ▼ | 7.58% | -1.66 | 9.24% |
| Net Interest Margin (%) | ▲ | 4.80% | +0.63 | 4.17% |
| Efficiency Ratio (%) | ▲ | 83.61% | -0.19 | 83.81% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.35 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $722 | +27.67 | $694 |
| Gross Loans ($M) | ▲ | $536 | +100.31 | $436 |
| Loan Growth YoY (%) | ▲ | 82.91% | +15.13 | 67.78% |
| Total Deposits ($M) | ▲ | $641 | +4.86 | $636 |
| Shareholders Equity ($M) | ▲ | $53 | +3.65 | $49 |
| Tang. Book Value ($M) | ▲ | $53 | +3.65 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +3.79 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 82.91% | +15.13 | 67.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.94% | +0.17 | 1.77% |
| Allowance / Loans (%) | — | 0.91% | -0.19% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 1.40% | -0.63 | 2.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.93% | -1.83 | 11.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▁▁▃██ | Net Interest Margin (%) | 4.56% | 4.56% | 4.16% | 4.17% | 4.25% | 4.38% | 4.86% | 4.80% |
| █▇▂▂▅▅▂▁ | Return on Assets (%) | 1.13% | 1.06% | 0.65% | 0.68% | 0.89% | 0.87% | 0.65% | 0.57% |
| ▁▂██▄▅█▇ | Efficiency Ratio (%) | 76.1% | 77.5% | 84.7% | 83.8% | 80.2% | 80.8% | 84.2% | 83.6% |
| ▁▁▂██▅▁▁ | Cost of Funds (%) | 1.64% | 1.64% | 1.69% | 2.00% | 1.97% | 1.83% | 1.63% | 1.65% |
| ▁▂▁▅▄▆█▅ | NPA / Assets (%) | 0.72% | 0.99% | 0.94% | 1.77% | 1.71% | 2.04% | 2.80% | 1.94% |
| ▁▂▂▆▄▃█▂ | Net Charge-Off Ratio (%) | 1.08% | 1.43% | 1.42% | 2.02% | 1.81% | 1.57% | 2.56% | 1.40% |
| ▇▃▁▂▅███ | Tang. Book Value ($M) | $52 | $50 | $48 | $49 | $51 | $53 | $53 | $53 |
| ▁▁▁▂▂▄▇█ | Gross Loans ($M) | $420 | $428 | $429 | $436 | $446 | $465 | $512 | $536 |
| ▁▂▇█▇▇▇█ | Total Deposits ($M) | $541 | $558 | $625 | $636 | $628 | $622 | $624 | $641 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 21% |