Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.07% | -0.25 | 2.32% |
| Return on Equity (%) | ▼ | 18.11% | -1.62 | 19.73% |
| Net Interest Margin (%) | ▼ | 4.54% | -0.18 | 4.72% |
| Efficiency Ratio (%) | ▼ | 52.26% | +1.49 | 50.76% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.10 | $6 |
| Cost of Funds (%) | ▲ | 1.46% | -0.08 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,181 | +208.77 | $973 |
| Gross Loans ($M) | ▲ | $824 | +67.44 | $756 |
| Loan Growth YoY (%) | ▼ | 78.84% | -13.73 | 92.58% |
| Total Deposits ($M) | ▲ | $1,033 | +224.89 | $808 |
| Shareholders Equity ($M) | ▲ | $136 | +13.89 | $122 |
| Tang. Book Value ($M) | ▲ | $123 | +14.02 | $109 |
| TBV excl. AOCI ($M)** | ▲ | $131 | +15.98 | $115 |
| Loan / Deposit Ratio (%) | ▼ | 78.84% | -13.73 | 92.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.63% | +0.54 | 0.09% |
| Allowance / Loans (%) | — | 1.14% | 0.04% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.89% | +0.78 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▇██▂▂ | Net Interest Margin (%) | 4.65% | 4.64% | 4.48% | 4.72% | 4.74% | 4.76% | 4.53% | 4.54% |
| ▄▁▂██▇▄▁ | Return on Assets (%) | 2.18% | 2.09% | 2.11% | 2.32% | 2.32% | 2.29% | 2.19% | 2.07% |
| ▂█▇▁▂▅▃▇ | Efficiency Ratio (%) | 51.1% | 52.6% | 52.2% | 50.8% | 51.1% | 51.9% | 51.3% | 52.3% |
| ▆█▃▄▃▁▁▂ | Cost of Funds (%) | 1.66% | 1.75% | 1.51% | 1.54% | 1.52% | 1.43% | 1.39% | 1.46% |
| ▂▁▁▁▁▁▁█ | NPA / Assets (%) | 0.21% | 0.11% | 0.07% | 0.09% | 0.09% | 0.13% | 0.13% | 0.63% |
| ▂▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.27% | 0.15% | 0.10% | 0.12% | 0.12% | 0.16% | 0.19% | 0.89% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $102 | $102 | $105 | $109 | $114 | $118 | $119 | $123 |
| ▁▁▂▃▅▇▇█ | Gross Loans ($M) | $732 | $728 | $744 | $756 | $778 | $801 | $809 | $824 |
| ▁▂▅▁▄▆██ | Total Deposits ($M) | $790 | $848 | $935 | $808 | $896 | $967 | $1,049 | $1,033 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 17% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 7% |