Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.62 | 0.79% |
| Return on Equity (%) | ▲ | 15.48% | +6.38 | 9.10% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.74 | 3.46% |
| Efficiency Ratio (%) | ▲ | 55.54% | -10.86 | 66.40% |
| Pre-Provision Profit ($M) | ▲ | $6 | +2.07 | $4 |
| Cost of Funds (%) | ▲ | 2.00% | -0.22 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,269 | +97.05 | $1,172 |
| Gross Loans ($M) | ▲ | $1,088 | +156.63 | $931 |
| Loan Growth YoY (%) | ▲ | 93.69% | +7.22 | 86.47% |
| Total Deposits ($M) | ▲ | $1,146 | +83.55 | $1,062 |
| Shareholders Equity ($M) | ▲ | $115 | +13.91 | $101 |
| Tang. Book Value ($M) | ▲ | $109 | +14.12 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $111 | +12.67 | $98 |
| Loan / Deposit Ratio (%) | ▲ | 93.69% | +7.22 | 86.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.12 | 0.25% |
| Allowance / Loans (%) | — | 1.30% | -0.04% | 1.34% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.22 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.03% | -0.04 | 10.07% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.91% | 2.98% | 3.30% | 3.46% | 3.59% | 3.77% | 4.22% | 4.20% |
| ▁▁▂▃▄▅██ | Return on Assets (%) | 0.57% | 0.58% | 0.72% | 0.79% | 0.94% | 0.99% | 1.33% | 1.40% |
| ██▆▅▄▃▁▁ | Efficiency Ratio (%) | 75.2% | 74.4% | 69.8% | 66.4% | 63.4% | 60.8% | 55.0% | 55.5% |
| █▆▃▃▃▁▁▁ | Cost of Funds (%) | 2.85% | 2.58% | 2.21% | 2.22% | 2.28% | 2.06% | 1.95% | 2.00% |
| █▆▅▄▄▁▁▁ | NPA / Assets (%) | 0.46% | 0.37% | 0.30% | 0.25% | 0.27% | 0.11% | 0.12% | 0.13% |
| █▇▆▄▅▁▁▁ | Net Charge-Off Ratio (%) | 0.54% | 0.46% | 0.39% | 0.32% | 0.32% | 0.10% | 0.14% | 0.10% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $89 | $90 | $92 | $95 | $99 | $102 | $105 | $109 |
| ▁▁▂▃▅▇██ | Gross Loans ($M) | $851 | $862 | $882 | $931 | $986 | $1,045 | $1,075 | $1,088 |
| ▁▁▄▅▆▄▆█ | Total Deposits ($M) | $966 | $975 | $1,042 | $1,062 | $1,081 | $1,035 | $1,101 | $1,146 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 16% |