Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.00 | 0.72% |
| Return on Equity (%) | ▲ | 7.89% | +0.06 | 7.83% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.40 | 3.62% |
| Efficiency Ratio (%) | ▲ | 75.05% | -2.64 | 77.69% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.01 | $3 |
| Cost of Funds (%) | ▲ | 1.79% | -0.39 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,032 | +32.99 | $999 |
| Gross Loans ($M) | ▼ | $770 | -29.11 | $800 |
| Loan Growth YoY (%) | ▼ | 82.29% | -6.37 | 88.66% |
| Total Deposits ($M) | ▲ | $926 | +34.34 | $892 |
| Shareholders Equity ($M) | ▼ | $93 | -0.08 | $93 |
| Tang. Book Value ($M) | ▼ | $88 | -0.08 | $88 |
| TBV excl. AOCI ($M)** | ▼ | $91 | -0.61 | $92 |
| Loan / Deposit Ratio (%) | ▼ | 82.29% | -6.37 | 88.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.21% | -0.58 | 1.79% |
| Allowance / Loans (%) | — | 1.09% | -0.04% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 1.55% | -0.52 | 2.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.04% | +0.17 | 11.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▄██ | Net Interest Margin (%) | 3.38% | 3.44% | 3.59% | 3.62% | 3.65% | 3.68% | 3.97% | 4.02% |
| ▁▁▇█████ | Return on Assets (%) | -0.01% | -0.06% | 0.53% | 0.72% | 0.68% | 0.67% | 0.63% | 0.72% |
| ██▃▁▁▁▁▁ | Efficiency Ratio (%) | 97.1% | 95.9% | 83.0% | 77.7% | 77.7% | 75.5% | 76.9% | 75.0% |
| █▇▄▄▄▃▂▁ | Cost of Funds (%) | 2.76% | 2.56% | 2.25% | 2.18% | 2.16% | 2.07% | 1.91% | 1.79% |
| ▅█▇█▇▆▁▁ | NPA / Assets (%) | 1.55% | 1.74% | 1.66% | 1.79% | 1.64% | 1.62% | 1.18% | 1.21% |
| ▆████▇▁▁ | Net Charge-Off Ratio (%) | 1.92% | 2.05% | 2.10% | 2.07% | 2.04% | 2.01% | 1.58% | 1.55% |
| ▃▁▂▄▆▇█▄ | Tang. Book Value ($M) | $87 | $84 | $87 | $88 | $91 | $92 | $94 | $88 |
| █▇▅▅▁▃▁▂ | Gross Loans ($M) | $822 | $810 | $798 | $800 | $769 | $784 | $762 | $770 |
| ▃▁▄▄▇█▇▆ | Total Deposits ($M) | $889 | $852 | $899 | $892 | $929 | $951 | $934 | $926 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 19% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 15% |