Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.12% | -0.24 | 1.35% |
| Return on Equity (%) | ▼ | 11.02% | -3.19 | 14.21% |
| Net Interest Margin (%) | ▼ | 5.10% | -0.00 | 5.11% |
| Efficiency Ratio (%) | ▼ | 68.08% | +7.97 | 60.12% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.75 | $5 |
| Cost of Funds (%) | ▲ | 1.86% | -0.19 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $891 | +52.49 | $838 |
| Gross Loans ($M) | ▲ | $725 | +55.68 | $670 |
| Loan Growth YoY (%) | ▲ | 94.70% | +4.55 | 90.16% |
| Total Deposits ($M) | ▲ | $756 | +24.10 | $732 |
| Shareholders Equity ($M) | ▲ | $91 | +10.84 | $80 |
| Tang. Book Value ($M) | ▲ | $91 | +10.84 | $80 |
| TBV excl. AOCI ($M)** | ▲ | $92 | +10.88 | $82 |
| Loan / Deposit Ratio (%) | ▲ | 94.70% | +4.55 | 90.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.10% | +0.31 | 0.78% |
| Allowance / Loans (%) | — | 1.26% | -0.17% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 0.80% | +0.02 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.60% | +0.49 | 13.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇▁▄▇█▃▄ | Net Interest Margin (%) | 5.22% | 5.20% | 4.99% | 5.11% | 5.19% | 5.25% | 5.08% | 5.10% |
| ████▇▇▁▂ | Return on Assets (%) | 1.39% | 1.39% | 1.38% | 1.35% | 1.33% | 1.33% | 1.07% | 1.12% |
| ▁▂▃▂▂▃██ | Efficiency Ratio (%) | 57.8% | 59.5% | 60.8% | 60.1% | 60.0% | 61.5% | 69.2% | 68.1% |
| ██▅▄▄▄▁▁ | Cost of Funds (%) | 2.27% | 2.28% | 2.09% | 2.05% | 2.05% | 2.06% | 1.91% | 1.86% |
| ▁▁▂▄▇▇█▆ | NPA / Assets (%) | 0.29% | 0.37% | 0.54% | 0.78% | 1.22% | 1.29% | 1.45% | 1.10% |
| ▁▁▂▅█▃▅▅ | Net Charge-Off Ratio (%) | 0.28% | 0.34% | 0.50% | 0.78% | 1.24% | 0.54% | 0.86% | 0.80% |
| ▁▁▃▃▄▆▇█ | Tang. Book Value ($M) | $74 | $76 | $79 | $80 | $82 | $86 | $89 | $91 |
| ▁▁▂▄▆▆▆█ | Gross Loans ($M) | $628 | $630 | $642 | $670 | $690 | $699 | $693 | $725 |
| ▂▁▃▅▇▇██ | Total Deposits ($M) | $706 | $696 | $720 | $732 | $748 | $745 | $760 | $756 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 23% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 19% |