Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.23% | +0.45 | 1.79% |
| Return on Equity (%) | ▲ | 22.26% | +3.85 | 18.41% |
| Net Interest Margin (%) | ▲ | 3.87% | +0.34 | 3.53% |
| Efficiency Ratio (%) | ▲ | 38.14% | -4.73 | 42.87% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.59 | $6 |
| Cost of Funds (%) | ▲ | 1.83% | -0.12 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,223 | +148.30 | $1,075 |
| Gross Loans ($M) | ▲ | $907 | +94.49 | $813 |
| Loan Growth YoY (%) | ▼ | 82.98% | -1.65 | 84.63% |
| Total Deposits ($M) | ▲ | $1,082 | +132.10 | $950 |
| Shareholders Equity ($M) | ▲ | $122 | +15.57 | $106 |
| Tang. Book Value ($M) | ▲ | $104 | +16.93 | $87 |
| TBV excl. AOCI ($M)** | ▲ | $116 | +19.85 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 82.98% | -1.65 | 84.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.02 | 0.08% |
| Allowance / Loans (%) | — | 0.99% | -0.05% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.03 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.22% | +0.28 | 9.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.20% | 3.26% | 3.44% | 3.53% | 3.58% | 3.63% | 3.84% | 3.87% |
| ▂▁▄▄▄▃██ | Return on Assets (%) | 1.60% | 1.49% | 1.85% | 1.79% | 1.81% | 1.77% | 2.28% | 2.23% |
| ██▅▅▅▅▁▂ | Efficiency Ratio (%) | 48.8% | 49.2% | 43.7% | 42.9% | 43.2% | 43.9% | 36.3% | 38.1% |
| ▆█▄▄▅▄▁▁ | Cost of Funds (%) | 2.01% | 2.11% | 1.94% | 1.95% | 1.97% | 1.95% | 1.80% | 1.83% |
| ▅█▄▁▆▃▂▃ | NPA / Assets (%) | 0.11% | 0.14% | 0.11% | 0.08% | 0.12% | 0.10% | 0.10% | 0.10% |
| ▆█▅▁▄▂▂▃ | Net Charge-Off Ratio (%) | 0.15% | 0.18% | 0.15% | 0.10% | 0.14% | 0.11% | 0.12% | 0.13% |
| ▃▁▃▄▅▆▇█ | Tang. Book Value ($M) | $84 | $77 | $84 | $87 | $92 | $97 | $100 | $104 |
| ▁▁▂▃▅▆▇█ | Gross Loans ($M) | $768 | $783 | $799 | $813 | $841 | $863 | $881 | $907 |
| ▁▁▂▂▄▅▇█ | Total Deposits ($M) | $910 | $916 | $943 | $950 | $979 | $1,010 | $1,046 | $1,082 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 10% |
| Agricultural | 16% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |