Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.45 | 0.84% |
| Return on Equity (%) | ▲ | 12.43% | +3.77 | 8.66% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.46 | 3.41% |
| Efficiency Ratio (%) | ▲ | 59.15% | -5.88 | 65.03% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.58 | $6 |
| Cost of Funds (%) | ▲ | 1.66% | -0.19 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,589 | +88.63 | $1,500 |
| Gross Loans ($M) | ▲ | $1,132 | +75.84 | $1,056 |
| Loan Growth YoY (%) | ▲ | 80.39% | +1.56 | 78.82% |
| Total Deposits ($M) | ▲ | $1,394 | +67.75 | $1,326 |
| Shareholders Equity ($M) | ▲ | $167 | +18.58 | $149 |
| Tang. Book Value ($M) | ▲ | $160 | +18.63 | $141 |
| TBV excl. AOCI ($M)** | ▲ | $176 | +19.25 | $157 |
| Loan / Deposit Ratio (%) | ▲ | 80.39% | +1.56 | 78.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.19% | +0.02 | 0.18% |
| Allowance / Loans (%) | — | 1.03% | -0.01% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.02 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 3.00% | 3.08% | 3.22% | 3.41% | 3.50% | 3.60% | 3.77% | 3.88% |
| ▁▁▂▃▄▆██ | Return on Assets (%) | 0.68% | 0.75% | 0.80% | 0.84% | 0.96% | 1.07% | 1.25% | 1.29% |
| ██▇▅▄▃▁▁ | Efficiency Ratio (%) | 69.8% | 70.3% | 68.3% | 65.0% | 63.8% | 62.6% | 60.4% | 59.2% |
| ██▅▆▃▃▁▁ | Cost of Funds (%) | 1.96% | 1.95% | 1.81% | 1.85% | 1.75% | 1.73% | 1.64% | 1.66% |
| █▄▂▃▁▂▆▄ | NPA / Assets (%) | 0.24% | 0.19% | 0.17% | 0.18% | 0.15% | 0.17% | 0.21% | 0.19% |
| █▄▃▂▁▁▆▄ | Net Charge-Off Ratio (%) | 0.35% | 0.28% | 0.26% | 0.25% | 0.22% | 0.23% | 0.30% | 0.27% |
| ▁▁▁▂▄▆▇█ | Tang. Book Value ($M) | $136 | $135 | $138 | $141 | $147 | $152 | $154 | $160 |
| ▁▁▂▃▅▆▆█ | Gross Loans ($M) | $1,012 | $1,012 | $1,034 | $1,056 | $1,079 | $1,093 | $1,101 | $1,132 |
| ▁▁▆▂▆▅██ | Total Deposits ($M) | $1,317 | $1,311 | $1,368 | $1,326 | $1,373 | $1,355 | $1,389 | $1,394 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 18% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |