Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.51 | 0.66% |
| Return on Equity (%) | ▲ | 12.20% | +5.10 | 7.10% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.60 | 2.68% |
| Efficiency Ratio (%) | ▲ | 52.60% | -11.08 | 63.69% |
| Pre-Provision Profit ($M) | ▲ | $8 | +3.13 | $5 |
| Cost of Funds (%) | ▲ | 2.59% | -0.32 | 2.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,908 | +230.06 | $1,678 |
| Gross Loans ($M) | ▲ | $1,739 | +233.15 | $1,506 |
| Loan Growth YoY (%) | ▼ | 102.78% | -3.84 | 106.62% |
| Total Deposits ($M) | ▲ | $1,682 | +278.11 | $1,404 |
| Shareholders Equity ($M) | ▲ | $184 | +23.68 | $160 |
| Tang. Book Value ($M) | ▲ | $184 | +23.68 | $160 |
| Loan / Deposit Ratio (%) | ▼ | 102.78% | -3.84 | 106.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.15 | 0.02% |
| Allowance / Loans (%) | — | 0.61% | -0.01% | 0.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.19% | +0.16 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.76% | +0.04 | 10.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄██ | Net Interest Margin (%) | 2.47% | 2.49% | 2.55% | 2.68% | 2.79% | 2.86% | 3.21% | 3.28% |
| ▁▁▁▂▃▄██ | Return on Assets (%) | 0.54% | 0.55% | 0.61% | 0.66% | 0.76% | 0.81% | 1.11% | 1.17% |
| ██▇▅▄▄▁▁ | Efficiency Ratio (%) | 70.5% | 69.9% | 68.2% | 63.7% | 61.4% | 60.4% | 54.1% | 52.6% |
| ██▇▆▇▅▁▁ | Cost of Funds (%) | 3.04% | 3.08% | 2.96% | 2.91% | 2.97% | 2.89% | 2.63% | 2.59% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.01% | 0.01% | 0.02% | 0.02% | 0.18% | 0.17% | 0.18% | 0.17% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.02% | 0.01% | 0.03% | 0.02% | 0.20% | 0.19% | 0.20% | 0.19% |
| ▁▁▁▃▄▆▆█ | Tang. Book Value ($M) | $147 | $147 | $149 | $160 | $164 | $172 | $174 | $184 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $1,341 | $1,387 | $1,436 | $1,506 | $1,547 | $1,610 | $1,669 | $1,739 |
| ▁▁▁▃▅▆▇█ | Total Deposits ($M) | $1,307 | $1,330 | $1,346 | $1,404 | $1,495 | $1,576 | $1,617 | $1,682 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 10% |