Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.21 | 1.43% |
| Return on Equity (%) | ▲ | 14.90% | +1.35 | 13.55% |
| Net Interest Margin (%) | ▲ | 4.68% | +0.22 | 4.46% |
| Efficiency Ratio (%) | ▲ | 65.30% | -2.58 | 67.87% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.51 | $5 |
| Cost of Funds (%) | ▲ | 1.25% | -0.21 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,185 | +4.06 | $1,181 |
| Gross Loans ($M) | ▲ | $994 | +3.91 | $990 |
| Loan Growth YoY (%) | ▲ | 95.89% | +1.22 | 94.66% |
| Total Deposits ($M) | ▼ | $1,026 | -9.71 | $1,036 |
| Shareholders Equity ($M) | ▲ | $132 | +6.67 | $126 |
| Tang. Book Value ($M) | ▲ | $113 | +8.42 | $105 |
| Loan / Deposit Ratio (%) | ▲ | 95.89% | +1.22 | 94.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.38% | +0.11 | 0.28% |
| Allowance / Loans (%) | — | 1.05% | 0.05% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.44% | +0.12 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.35% | +0.79 | 10.56% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇█▇█ | Net Interest Margin (%) | 3.83% | 3.93% | 4.35% | 4.46% | 4.53% | 4.61% | 4.55% | 4.68% |
| ▁▁▅▅▆▆██ | Return on Assets (%) | 1.10% | 1.10% | 1.39% | 1.43% | 1.46% | 1.48% | 1.60% | 1.63% |
| ██▆▄▃▂▂▁ | Efficiency Ratio (%) | 71.8% | 71.5% | 69.6% | 67.9% | 67.2% | 66.7% | 66.3% | 65.3% |
| █▇▄▅▄▂▁▁ | Cost of Funds (%) | 1.66% | 1.56% | 1.43% | 1.46% | 1.43% | 1.32% | 1.25% | 1.25% |
| ▄▃▆▂▁▄▂█ | NPA / Assets (%) | 0.30% | 0.28% | 0.33% | 0.28% | 0.24% | 0.30% | 0.27% | 0.38% |
| ▃▂▆▃▁▄▃█ | Net Charge-Off Ratio (%) | 0.33% | 0.31% | 0.39% | 0.32% | 0.28% | 0.34% | 0.33% | 0.44% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $98 | $101 | $103 | $105 | $107 | $111 | $114 | $113 |
| ▁▃▁▄██▂▄ | Gross Loans ($M) | $968 | $982 | $974 | $990 | $1,020 | $1,023 | $979 | $994 |
| ▁▁▆▄▅▄█▃ | Total Deposits ($M) | $1,003 | $1,004 | $1,055 | $1,036 | $1,049 | $1,036 | $1,080 | $1,026 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 14% |
| Agricultural | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 4% |