Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.12 | 1.51% |
| Return on Equity (%) | ▲ | 14.60% | +1.97 | 12.63% |
| Net Interest Margin (%) | ▼ | 4.31% | -0.06 | 4.36% |
| Efficiency Ratio (%) | ▲ | 52.31% | -4.02 | 56.33% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.12 | $8 |
| Cost of Funds (%) | ▲ | 2.31% | -0.05 | 2.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,564 | +120.59 | $1,443 |
| Gross Loans ($M) | ▲ | $1,076 | +15.91 | $1,060 |
| Loan Growth YoY (%) | ▼ | 77.16% | -6.02 | 83.18% |
| Total Deposits ($M) | ▲ | $1,376 | +117.67 | $1,258 |
| Shareholders Equity ($M) | ▲ | $175 | +2.11 | $173 |
| Tang. Book Value ($M) | ▲ | $174 | +2.10 | $172 |
| TBV excl. AOCI ($M)** | ▲ | $177 | +2.35 | $175 |
| Loan / Deposit Ratio (%) | ▼ | 77.16% | -6.02 | 83.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.34 | 0.58% |
| Allowance / Loans (%) | — | 1.30% | 0.06% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.35% | -0.44 | 0.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.81% | +0.18 | 16.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▅██▄▄ | Net Interest Margin (%) | 4.14% | 4.22% | 4.06% | 4.36% | 4.53% | 4.58% | 4.31% | 4.31% |
| ▅▄▁▅▇▆█▇ | Return on Assets (%) | 1.51% | 1.50% | 1.33% | 1.51% | 1.61% | 1.57% | 1.68% | 1.63% |
| ▄▃█▆▃▂▁▂ | Efficiency Ratio (%) | 54.8% | 54.1% | 59.4% | 56.3% | 54.0% | 53.0% | 51.0% | 52.3% |
| █▇▃▂▂▃▁▁ | Cost of Funds (%) | 2.66% | 2.62% | 2.43% | 2.36% | 2.39% | 2.43% | 2.31% | 2.31% |
| ▇███▁▁▁▁ | NPA / Assets (%) | 0.52% | 0.59% | 0.59% | 0.58% | 0.24% | 0.24% | 0.24% | 0.24% |
| ▇██▇▁▁▁▁ | Net Charge-Off Ratio (%) | 0.78% | 0.86% | 0.85% | 0.79% | 0.35% | 0.35% | 0.36% | 0.35% |
| ▁▁▃▆▂▄▆█ | Tang. Book Value ($M) | $168 | $169 | $170 | $172 | $169 | $171 | $173 | $174 |
| ▁▁▂▇▅▆▆█ | Gross Loans ($M) | $954 | $963 | $983 | $1,060 | $1,019 | $1,032 | $1,045 | $1,076 |
| ▁▁▁▂▅▆██ | Total Deposits ($M) | $1,231 | $1,230 | $1,242 | $1,258 | $1,326 | $1,343 | $1,387 | $1,376 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 35% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 18% |