Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.56% | +0.10 | 2.46% |
| Return on Equity (%) | ▲ | 19.79% | +0.23 | 19.56% |
| Net Interest Margin (%) | ▼ | 3.26% | -0.09 | 3.35% |
| Efficiency Ratio (%) | ▲ | 23.23% | -3.87 | 27.10% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.70 | $5 |
| Cost of Funds (%) | ▲ | 1.89% | -0.03 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $931 | +47.01 | $884 |
| Gross Loans ($M) | ▲ | $424 | +14.75 | $409 |
| Loan Growth YoY (%) | ▼ | 51.72% | -0.52 | 52.24% |
| Total Deposits ($M) | ▲ | $807 | +36.96 | $770 |
| Shareholders Equity ($M) | ▲ | $122 | +10.32 | $111 |
| Tang. Book Value ($M) | ▲ | $120 | +10.41 | $110 |
| TBV excl. AOCI ($M)** | ▲ | $141 | +12.73 | $129 |
| Loan / Deposit Ratio (%) | ▼ | 51.72% | -0.52 | 52.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.07 | 0.13% |
| Allowance / Loans (%) | — | 1.57% | -0.14% | 1.71% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.16 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆███▆▆ | Net Interest Margin (%) | 2.81% | 2.93% | 3.26% | 3.35% | 3.39% | 3.42% | 3.24% | 3.26% |
| ▂▁▇▇█▅██ | Return on Assets (%) | 2.08% | 1.98% | 2.47% | 2.46% | 2.55% | 2.29% | 2.52% | 2.56% |
| ▄█▁▃▂▇▁▁ | Efficiency Ratio (%) | 28.5% | 36.1% | 24.5% | 27.1% | 25.6% | 33.9% | 24.0% | 23.2% |
| █▅▂▂▃▁▁▁ | Cost of Funds (%) | 2.15% | 2.01% | 1.93% | 1.92% | 1.94% | 1.89% | 1.86% | 1.89% |
| ▆▅▁▂███▆ | NPA / Assets (%) | 0.19% | 0.18% | 0.10% | 0.13% | 0.22% | 0.24% | 0.22% | 0.20% |
| ▆▅▁▂▇██▆ | Net Charge-Off Ratio (%) | 0.22% | 0.18% | 0.00% | 0.08% | 0.29% | 0.34% | 0.31% | 0.24% |
| ▅▁▄▄▆▇██ | Tang. Book Value ($M) | $113 | $102 | $109 | $110 | $114 | $118 | $119 | $120 |
| ▁▄▅▆▆▇▆█ | Gross Loans ($M) | $383 | $402 | $404 | $409 | $411 | $415 | $413 | $424 |
| ▁▁▁▄▆███ | Total Deposits ($M) | $740 | $740 | $745 | $770 | $788 | $809 | $813 | $807 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 17% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 7% |