Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.00% | +0.21 | 0.79% |
| Return on Equity (%) | ▲ | 9.73% | +1.18 | 8.55% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.65 | 3.09% |
| Efficiency Ratio (%) | ▲ | 64.41% | -2.94 | 67.35% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $2 |
| Cost of Funds (%) | ▲ | 1.75% | -0.10 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $756 | -51.01 | $807 |
| Gross Loans ($M) | ▲ | $616 | +35.48 | $580 |
| Loan Growth YoY (%) | ▲ | 92.03% | +12.88 | 79.15% |
| Total Deposits ($M) | ▼ | $658 | -62.24 | $720 |
| Shareholders Equity ($M) | ▲ | $77 | +3.32 | $73 |
| Tang. Book Value ($M) | ▲ | $74 | +3.40 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +3.25 | $75 |
| Loan / Deposit Ratio (%) | ▲ | 92.03% | +12.88 | 79.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.01% | 0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.65% | -0.10% | 1.75% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.73% | -0.28 | 12.01% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄██ | Net Interest Margin (%) | 3.13% | 3.13% | 3.06% | 3.09% | 3.23% | 3.33% | 3.68% | 3.74% |
| ▁▁▂▃▄▅█▇ | Return on Assets (%) | 0.61% | 0.64% | 0.71% | 0.79% | 0.85% | 0.90% | 1.10% | 1.00% |
| ██▅▅▄▃▁▃ | Efficiency Ratio (%) | 74.1% | 72.7% | 68.6% | 67.3% | 65.8% | 64.9% | 59.6% | 64.4% |
| █▇▆▄▃▃▁▂ | Cost of Funds (%) | 2.11% | 2.05% | 1.99% | 1.85% | 1.83% | 1.79% | 1.68% | 1.75% |
| ██▂▁▁▁▁▁ | NPA / Assets (%) | 0.23% | 0.25% | 0.05% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| ██▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.30% | 0.28% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▃▃▁▃▅▇█▆ | Tang. Book Value ($M) | $70 | $71 | $68 | $70 | $73 | $75 | $77 | $74 |
| ▂▁▃▂▁▂██ | Gross Loans ($M) | $581 | $577 | $585 | $580 | $572 | $583 | $613 | $616 |
| ▂▅▄█▂▂▂▁ | Total Deposits ($M) | $669 | $694 | $688 | $720 | $671 | $666 | $669 | $658 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 17% |
| Agricultural | 7% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |