Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.16 | 1.32% |
| Return on Equity (%) | ▼ | 22.94% | -4.71 | 27.65% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.30 | 3.62% |
| Efficiency Ratio (%) | ▲ | 58.35% | -2.54 | 60.89% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.31 | $2 |
| Cost of Funds (%) | ▲ | 1.77% | -0.05 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $523 | +41.96 | $481 |
| Gross Loans ($M) | ▲ | $395 | +52.91 | $342 |
| Loan Growth YoY (%) | ▲ | 96.66% | +6.56 | 90.10% |
| Total Deposits ($M) | ▲ | $406 | +28.99 | $377 |
| Shareholders Equity ($M) | ▲ | $33 | +8.07 | $25 |
| Tang. Book Value ($M) | ▲ | $31 | +8.27 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +8.30 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 96.66% | +6.56 | 90.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.12 | 0.15% |
| Allowance / Loans (%) | — | 0.62% | -0.05% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.15 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.28% | +0.06 | 10.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▇██ | Net Interest Margin (%) | 3.09% | 3.20% | 3.54% | 3.62% | 3.70% | 3.77% | 3.89% | 3.92% |
| ▁▁▇▇▇███ | Return on Assets (%) | 0.16% | 0.23% | 1.26% | 1.32% | 1.34% | 1.41% | 1.55% | 1.47% |
| █▇▃▂▂▂▁▁ | Efficiency Ratio (%) | 73.3% | 70.1% | 62.8% | 60.9% | 61.2% | 59.9% | 57.9% | 58.4% |
| ██▃▂▃▁▁▁ | Cost of Funds (%) | 2.05% | 2.07% | 1.86% | 1.82% | 1.84% | 1.77% | 1.76% | 1.77% |
| █▄▃▁▂▁▁▅ | NPA / Assets (%) | 0.43% | 0.25% | 0.22% | 0.15% | 0.18% | 0.11% | 0.12% | 0.27% |
| █▄▃▂▂▁▁▄ | Net Charge-Off Ratio (%) | 0.60% | 0.33% | 0.32% | 0.21% | 0.24% | 0.15% | 0.17% | 0.36% |
| ▂▁▂▄▅███ | Tang. Book Value ($M) | $21 | $18 | $20 | $23 | $25 | $31 | $31 | $31 |
| ▁▁▁▂▅▇▇█ | Gross Loans ($M) | $326 | $332 | $333 | $342 | $363 | $382 | $380 | $395 |
| ▁▃▃▅▅▆▇█ | Total Deposits ($M) | $345 | $363 | $367 | $377 | $381 | $390 | $394 | $406 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 12% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 11% |