Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.03 | 1.10% |
| Return on Equity (%) | ▼ | 10.70% | -0.37 | 11.07% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.26 | 3.44% |
| Efficiency Ratio (%) | ▲ | 57.20% | -2.42 | 59.62% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.22 | $3 |
| Cost of Funds (%) | ▼ | 1.75% | +0.00 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $641 | +26.77 | $615 |
| Gross Loans ($M) | ▲ | $434 | +41.13 | $393 |
| Loan Growth YoY (%) | ▲ | 78.91% | +4.75 | 74.15% |
| Total Deposits ($M) | ▲ | $540 | +19.68 | $521 |
| Shareholders Equity ($M) | ▲ | $69 | +6.94 | $62 |
| Tang. Book Value ($M) | ▲ | $68 | +6.94 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +7.23 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 78.91% | +4.75 | 74.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.05 | 0.22% |
| Allowance / Loans (%) | — | 1.72% | 0.04% | 1.68% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.06 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.19% | +0.09 | 16.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 3.11% | 3.15% | 3.34% | 3.44% | 3.51% | 3.53% | 3.65% | 3.70% |
| ▁▂▃▇███▇ | Return on Assets (%) | 0.87% | 0.92% | 0.96% | 1.10% | 1.17% | 1.14% | 1.14% | 1.13% |
| █▇█▃▁▁▁▁ | Efficiency Ratio (%) | 64.0% | 62.8% | 63.4% | 59.6% | 57.8% | 57.2% | 57.7% | 57.2% |
| █▆▁▁▄▅▁▁ | Cost of Funds (%) | 1.93% | 1.87% | 1.73% | 1.74% | 1.81% | 1.83% | 1.72% | 1.75% |
| ▁▇▇▄▅▄▃█ | NPA / Assets (%) | 0.18% | 0.24% | 0.25% | 0.22% | 0.23% | 0.22% | 0.21% | 0.27% |
| ▁▇█▄▄▅▄█ | Net Charge-Off Ratio (%) | 0.26% | 0.36% | 0.37% | 0.32% | 0.31% | 0.33% | 0.32% | 0.37% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $57 | $56 | $59 | $61 | $64 | $66 | $67 | $68 |
| ▁▂▁▃▅▇▇█ | Gross Loans ($M) | $378 | $387 | $384 | $393 | $411 | $424 | $424 | $434 |
| ▁▁▃▅▅▇█▇ | Total Deposits ($M) | $493 | $498 | $511 | $521 | $522 | $535 | $548 | $540 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 12% |
| Agricultural | 4% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |