Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.12 | 1.05% |
| Return on Equity (%) | ▲ | 12.64% | +0.44 | 12.20% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.39 | 3.26% |
| Efficiency Ratio (%) | ▲ | 61.93% | -0.08 | 62.01% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.19 | $5 |
| Cost of Funds (%) | ▲ | 1.16% | -0.32 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,267 | -64.95 | $1,332 |
| Gross Loans ($M) | ▼ | $952 | -31.68 | $984 |
| Loan Growth YoY (%) | ▼ | 84.95% | -0.32 | 85.28% |
| Total Deposits ($M) | ▼ | $1,107 | -33.03 | $1,140 |
| Shareholders Equity ($M) | ▲ | $121 | +3.05 | $118 |
| Tang. Book Value ($M) | ▲ | $108 | +3.26 | $105 |
| TBV excl. AOCI ($M)** | ▲ | $116 | +2.25 | $114 |
| Loan / Deposit Ratio (%) | ▼ | 84.95% | -0.32 | 85.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.40% | +0.04 | 0.35% |
| Allowance / Loans (%) | — | 1.19% | 0.05% | 1.14% |
| Net Charge-Off Ratio (%) | ▼ | 0.53% | +0.05 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.00% | +0.34 | 11.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▅▆▇█ | Net Interest Margin (%) | 2.77% | 2.89% | 3.03% | 3.26% | 3.31% | 3.40% | 3.47% | 3.65% |
| ▁▂▄▆▇▇▇█ | Return on Assets (%) | 0.74% | 0.80% | 0.91% | 1.05% | 1.08% | 1.08% | 1.07% | 1.17% |
| █▇▄▁▁▂▃▁ | Efficiency Ratio (%) | 68.8% | 67.8% | 64.5% | 62.0% | 61.6% | 62.7% | 63.7% | 61.9% |
| █▆▄▄▅▃▂▁ | Cost of Funds (%) | 1.89% | 1.70% | 1.52% | 1.48% | 1.56% | 1.43% | 1.30% | 1.16% |
| ▁▁▆▆▆▅██ | NPA / Assets (%) | 0.29% | 0.29% | 0.36% | 0.35% | 0.36% | 0.35% | 0.39% | 0.40% |
| ▁▁▆▅▆▅█▇ | Net Charge-Off Ratio (%) | 0.38% | 0.37% | 0.49% | 0.48% | 0.50% | 0.48% | 0.56% | 0.53% |
| ▁▁▃▅█▆█▇ | Tang. Book Value ($M) | $100 | $99 | $103 | $105 | $110 | $107 | $110 | $108 |
| ▇█▆▅▅▄▁▁ | Gross Loans ($M) | $1,002 | $1,010 | $994 | $984 | $979 | $973 | $948 | $952 |
| ▂▁█▄▅▄▇▂ | Total Deposits ($M) | $1,107 | $1,095 | $1,190 | $1,140 | $1,145 | $1,131 | $1,171 | $1,107 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 6% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |