Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.24 | 0.95% |
| Return on Equity (%) | ▼ | 10.02% | -0.25 | 10.27% |
| Net Interest Margin (%) | ▲ | 2.52% | +0.32 | 2.20% |
| Efficiency Ratio (%) | ▲ | 44.70% | -2.48 | 47.17% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.69 | $6 |
| Cost of Funds (%) | ▲ | 1.72% | -0.31 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $1,684 | -139.29 | $1,824 |
| Gross Loans ($M) | ▼ | $672 | -23.90 | $696 |
| Loan Growth YoY (%) | ▲ | 45.17% | +3.21 | 41.96% |
| Total Deposits ($M) | ▼ | $1,464 | -169.10 | $1,633 |
| Shareholders Equity ($M) | ▲ | $212 | +31.41 | $180 |
| Tang. Book Value ($M) | ▲ | $210 | +31.41 | $179 |
| TBV excl. AOCI ($M)** | ▲ | $241 | +28.85 | $212 |
| Loan / Deposit Ratio (%) | ▲ | 45.17% | +3.21 | 41.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.51% | -0.06 | 0.57% |
| Allowance / Loans (%) | — | 1.59% | 0.06% | 1.53% |
| Net Charge-Off Ratio (%) | ▲ | 1.27% | -0.22 | 1.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▁▃▄██ | Net Interest Margin (%) | 2.25% | 2.25% | 2.22% | 2.20% | 2.28% | 2.32% | 2.52% | 2.52% |
| ▄▃▂▁▂▄██ | Return on Assets (%) | 1.06% | 1.05% | 0.99% | 0.95% | 1.01% | 1.09% | 1.22% | 1.19% |
| ▁▁▇██▆▁▃ | Efficiency Ratio (%) | 43.2% | 43.6% | 46.3% | 47.2% | 46.7% | 45.8% | 43.4% | 44.7% |
| ██▆▆▄▂▁▁ | Cost of Funds (%) | 2.20% | 2.22% | 2.06% | 2.03% | 1.92% | 1.78% | 1.68% | 1.72% |
| ▁▁▃▇▇█▅▆ | NPA / Assets (%) | 0.17% | 0.18% | 0.34% | 0.57% | 0.59% | 0.67% | 0.48% | 0.51% |
| ▁▁▃▇▇█▅▆ | Net Charge-Off Ratio (%) | 0.45% | 0.42% | 0.86% | 1.49% | 1.55% | 1.77% | 1.26% | 1.27% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $162 | $154 | $170 | $179 | $194 | $203 | $206 | $210 |
| ▄██▅▄▁▁▁ | Gross Loans ($M) | $688 | $714 | $712 | $696 | $690 | $675 | $669 | $672 |
| █▇▆▇▅▄▃▁ | Total Deposits ($M) | $1,688 | $1,657 | $1,632 | $1,633 | $1,586 | $1,573 | $1,530 | $1,464 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 13% |
| Agricultural | 4% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 35% |