Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.95% | +0.22 | 1.73% |
| Return on Equity (%) | ▲ | 20.29% | +2.88 | 17.41% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.11 | 4.24% |
| Efficiency Ratio (%) | ▲ | 55.79% | -2.13 | 57.92% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.88% | -0.06 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $593 | +51.07 | $542 |
| Gross Loans ($M) | ▲ | $514 | +67.07 | $447 |
| Loan Growth YoY (%) | ▲ | 100.36% | +7.49 | 92.87% |
| Total Deposits ($M) | ▲ | $506 | +31.05 | $475 |
| Shareholders Equity ($M) | ▲ | $56 | +3.78 | $53 |
| Tang. Book Value ($M) | ▲ | $56 | +3.87 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 100.36% | +7.49 | 92.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.03 | 0.01% |
| Allowance / Loans (%) | — | 1.23% | -0.11% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.04 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▇████ | Net Interest Margin (%) | 3.63% | 3.75% | 4.21% | 4.24% | 4.27% | 4.33% | 4.35% | 4.35% |
| ▁▁▅▆▇▇██ | Return on Assets (%) | 1.28% | 1.36% | 1.69% | 1.73% | 1.79% | 1.81% | 1.95% | 1.95% |
| ██▄▃▂▂▁▁ | Efficiency Ratio (%) | 65.9% | 64.8% | 59.3% | 57.9% | 57.1% | 57.4% | 55.0% | 55.8% |
| █▆▂▃▆▂▁▂ | Cost of Funds (%) | 2.24% | 2.12% | 1.91% | 1.94% | 2.11% | 1.87% | 1.81% | 1.88% |
| ▁▁█▁▁▁▇▃ | NPA / Assets (%) | 0.02% | 0.01% | 0.10% | 0.01% | 0.01% | 0.01% | 0.08% | 0.04% |
| ▂▁█▁▁▁▇▃ | Net Charge-Off Ratio (%) | 0.02% | 0.01% | 0.11% | 0.01% | 0.01% | 0.01% | 0.09% | 0.05% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $50 | $51 | $51 | $52 | $53 | $54 | $55 | $56 |
| ▁▂▂▃▄▆██ | Gross Loans ($M) | $422 | $438 | $445 | $447 | $463 | $486 | $510 | $514 |
| ▁▁▁▄▄▃▆█ | Total Deposits ($M) | $455 | $452 | $454 | $475 | $477 | $467 | $486 | $506 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 15% |
| Agricultural | 7% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |