Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.98% | -0.21 | 1.20% |
| Return on Equity (%) | ▼ | 9.75% | -1.57 | 11.32% |
| Net Interest Margin (%) | ▼ | 3.96% | -0.64 | 4.60% |
| Efficiency Ratio (%) | ▼ | 61.91% | +2.36 | 59.55% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.31 | $4 |
| Cost of Funds (%) | ▲ | 2.18% | -0.17 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,062 | +251.59 | $811 |
| Gross Loans ($M) | ▲ | $750 | +91.69 | $658 |
| Loan Growth YoY (%) | ▼ | 78.51% | -12.84 | 91.35% |
| Total Deposits ($M) | ▲ | $940 | +231.61 | $708 |
| Shareholders Equity ($M) | ▲ | $110 | +25.40 | $84 |
| Tang. Book Value ($M) | ▲ | $100 | +19.46 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +22.63 | $84 |
| Loan / Deposit Ratio (%) | ▼ | 78.51% | -12.84 | 91.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.99% | +0.85 | 0.14% |
| Allowance / Loans (%) | — | 1.60% | -0.10% | 1.69% |
| Net Charge-Off Ratio (%) | ▼ | 1.26% | +1.09 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.67% | +0.73 | 11.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▇▇▇▁▁ | Net Interest Margin (%) | 4.78% | 4.78% | 4.55% | 4.60% | 4.61% | 4.61% | 3.96% | 3.96% |
| ▅█▂▄▄▆▁▁ | Return on Assets (%) | 1.31% | 1.51% | 1.09% | 1.20% | 1.23% | 1.36% | 1.04% | 0.98% |
| ▃▁▇▅▃▅▄█ | Efficiency Ratio (%) | 58.3% | 57.0% | 61.3% | 59.5% | 58.8% | 59.6% | 59.0% | 61.9% |
| ▄▅▅██▆▁▄ | Cost of Funds (%) | 2.20% | 2.23% | 2.24% | 2.35% | 2.34% | 2.26% | 2.06% | 2.18% |
| ▁▁▁▁▁▁▄█ | NPA / Assets (%) | 0.18% | 0.14% | 0.16% | 0.14% | 0.14% | 0.09% | 0.43% | 0.99% |
| ▁▁▁▁▁▁▄█ | Net Charge-Off Ratio (%) | 0.22% | 0.17% | 0.20% | 0.17% | 0.17% | 0.11% | 0.63% | 1.26% |
| ▁▁▁▂▂▂██ | Tang. Book Value ($M) | $78 | $79 | $80 | $81 | $83 | $81 | $100 | $100 |
| ▁▂▃▃▄▅▇█ | Gross Loans ($M) | $606 | $639 | $643 | $658 | $672 | $679 | $732 | $750 |
| ▁▁▂▂▃▃██ | Total Deposits ($M) | $641 | $664 | $695 | $708 | $731 | $752 | $936 | $940 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 12% |
| Agricultural | 4% |
| Consumer | 4% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 12% |