Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.25 | 0.99% |
| Return on Equity (%) | ▲ | 13.82% | +1.55 | 12.27% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.38 | 2.90% |
| Efficiency Ratio (%) | ▲ | 62.43% | -4.10 | 66.53% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.53 | $1 |
| Cost of Funds (%) | ▲ | 1.79% | -0.12 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $512 | +9.04 | $503 |
| Gross Loans ($M) | ▲ | $348 | +45.90 | $302 |
| Loan Growth YoY (%) | ▲ | 78.49% | +8.36 | 70.13% |
| Total Deposits ($M) | ▲ | $439 | +13.11 | $426 |
| Shareholders Equity ($M) | ▲ | $48 | +5.49 | $42 |
| Tang. Book Value ($M) | ▲ | $45 | +5.43 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +5.17 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 78.49% | +8.36 | 70.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.08 | 0.16% |
| Allowance / Loans (%) | — | 0.87% | -0.13% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.15 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.73% | -0.31 | 14.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▆█ | Net Interest Margin (%) | 2.82% | 2.82% | 2.81% | 2.90% | 2.96% | 3.03% | 3.14% | 3.29% |
| ▄▄▁▄▅█▅█ | Return on Assets (%) | 1.00% | 1.02% | 0.83% | 0.99% | 1.08% | 1.21% | 1.08% | 1.25% |
| ▆▅█▅▃▂▆▁ | Efficiency Ratio (%) | 67.3% | 66.6% | 69.6% | 66.5% | 64.8% | 63.5% | 67.5% | 62.4% |
| ▅█▅▅▅▃▁▃ | Cost of Funds (%) | 1.91% | 2.06% | 1.88% | 1.90% | 1.90% | 1.79% | 1.69% | 1.79% |
| ██▇▆▄▁▁▁ | NPA / Assets (%) | 0.20% | 0.20% | 0.18% | 0.16% | 0.13% | 0.07% | 0.07% | 0.07% |
| ██▇▆▄▁▁▁ | Net Charge-Off Ratio (%) | 0.35% | 0.33% | 0.31% | 0.26% | 0.21% | 0.11% | 0.11% | 0.11% |
| ▂▁▂▄▇███ | Tang. Book Value ($M) | $37 | $35 | $37 | $39 | $42 | $44 | $44 | $45 |
| ▁▂▃▃▆▆▆█ | Gross Loans ($M) | $284 | $293 | $308 | $302 | $325 | $329 | $329 | $348 |
| ▄▁▆▆▇▄█▇ | Total Deposits ($M) | $412 | $376 | $430 | $426 | $439 | $407 | $452 | $439 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 96% |
| Brokered / Other | 2% |