Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.65% | +0.02 | 1.63% |
| Return on Equity (%) | ▼ | 19.39% | -0.08 | 19.47% |
| Net Interest Margin (%) | ▼ | 4.29% | -0.11 | 4.40% |
| Efficiency Ratio (%) | ▼ | 53.36% | +0.33 | 53.04% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.57 | $4 |
| Cost of Funds (%) | ▲ | 2.12% | -0.00 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $770 | +66.02 | $704 |
| Gross Loans ($M) | ▲ | $628 | +40.08 | $587 |
| Loan Growth YoY (%) | ▼ | 89.73% | -2.98 | 92.71% |
| Total Deposits ($M) | ▲ | $688 | +64.65 | $623 |
| Shareholders Equity ($M) | ▲ | $69 | +10.11 | $59 |
| Tang. Book Value ($M) | ▲ | $68 | +10.31 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +11.75 | $60 |
| Loan / Deposit Ratio (%) | ▼ | 89.73% | -2.98 | 92.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.55% | +0.51 | 0.04% |
| Allowance / Loans (%) | — | 1.65% | -0.00% | 1.65% |
| Net Charge-Off Ratio (%) | ▼ | 0.67% | +0.63 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.60% | +0.90 | 10.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇███▁▄ | Net Interest Margin (%) | 4.18% | 4.23% | 4.38% | 4.40% | 4.42% | 4.41% | 4.17% | 4.29% |
| ▁▁█▇█▅▇█ | Return on Assets (%) | 1.50% | 1.48% | 1.64% | 1.63% | 1.64% | 1.59% | 1.62% | 1.65% |
| ▆█▁▂▁▄▄▂ | Efficiency Ratio (%) | 55.0% | 56.3% | 52.5% | 53.0% | 52.5% | 54.2% | 53.9% | 53.4% |
| ▇▃▁█▄▄▃█ | Cost of Funds (%) | 2.08% | 1.98% | 1.93% | 2.12% | 2.02% | 2.02% | 1.98% | 2.12% |
| ▄▁▁▁▇▁▅█ | NPA / Assets (%) | 0.27% | 0.00% | 0.05% | 0.04% | 0.43% | 0.05% | 0.31% | 0.55% |
| ▄▁▁▁▇▁▅█ | Net Charge-Off Ratio (%) | 0.33% | 0.00% | 0.06% | 0.05% | 0.53% | 0.07% | 0.38% | 0.67% |
| ▁▁▂▄▅▅▇█ | Tang. Book Value ($M) | $51 | $53 | $55 | $58 | $61 | $61 | $64 | $68 |
| ▁▂▄▅▆███ | Gross Loans ($M) | $531 | $546 | $570 | $587 | $599 | $620 | $620 | $628 |
| ▁▁▂▄▅███ | Total Deposits ($M) | $575 | $582 | $602 | $623 | $641 | $690 | $687 | $688 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 10% |