Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.13% | -0.15 | 1.28% |
| Return on Equity (%) | ▼ | 10.11% | -1.60 | 11.71% |
| Net Interest Margin (%) | ▲ | 3.27% | +0.30 | 2.97% |
| Efficiency Ratio (%) | ▼ | 59.56% | +8.08 | 51.48% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.92 | $3 |
| Cost of Funds (%) | ▲ | 1.78% | -0.31 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,135 | +162.36 | $972 |
| Gross Loans ($M) | ▲ | $655 | +122.49 | $532 |
| Loan Growth YoY (%) | ▲ | 65.22% | +3.81 | 61.41% |
| Total Deposits ($M) | ▲ | $996 | +138.19 | $858 |
| Shareholders Equity ($M) | ▲ | $131 | +24.38 | $107 |
| Tang. Book Value ($M) | ▲ | $109 | +20.09 | $89 |
| TBV excl. AOCI ($M)** | ▲ | $121 | +20.06 | $101 |
| Loan / Deposit Ratio (%) | ▲ | 65.22% | +3.81 | 61.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.56% | +0.25 | 0.30% |
| Allowance / Loans (%) | — | 0.78% | -0.24% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.88% | +0.35 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▇█ | Net Interest Margin (%) | 2.79% | 2.77% | 2.82% | 2.97% | 2.99% | 3.07% | 3.17% | 3.27% |
| ▂▁█▄▃▁▃▃ | Return on Assets (%) | 1.11% | 0.94% | 1.62% | 1.28% | 1.18% | 0.99% | 1.16% | 1.13% |
| ▆█▁▃▅█▇▇ | Efficiency Ratio (%) | 57.4% | 63.1% | 45.3% | 51.5% | 54.7% | 62.2% | 60.1% | 59.6% |
| █▆▅▄▆▂▁▁ | Cost of Funds (%) | 2.50% | 2.28% | 2.18% | 2.09% | 2.22% | 1.91% | 1.75% | 1.78% |
| ▁█▅▂▁▂▇█ | NPA / Assets (%) | 0.26% | 0.54% | 0.43% | 0.30% | 0.27% | 0.33% | 0.50% | 0.56% |
| ▁█▅▂▁▂▆▇ | Net Charge-Off Ratio (%) | 0.44% | 0.97% | 0.75% | 0.53% | 0.39% | 0.50% | 0.80% | 0.88% |
| ▁▁▁▁▂▆▇█ | Tang. Book Value ($M) | $89 | $87 | $89 | $89 | $92 | $103 | $104 | $109 |
| ▁▁▂▂▂▆▇█ | Gross Loans ($M) | $523 | $512 | $536 | $532 | $544 | $602 | $628 | $655 |
| ▁▂▂▂▂▇█▇ | Total Deposits ($M) | $819 | $849 | $870 | $858 | $857 | $991 | $1,027 | $996 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 10% |
| Agricultural | 9% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 16% |