Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 6.21% | +5.43 | 0.78% |
| Return on Equity (%) | ▲ | 80.70% | +58.22 | 22.48% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.35 | 3.46% |
| Efficiency Ratio (%) | ▲ | 36.69% | -37.00 | 73.69% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 0.94% | -0.46 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $535 | +46.01 | $489 |
| Gross Loans ($M) | ▲ | $294 | +29.68 | $264 |
| Loan Growth YoY (%) | ▲ | 61.79% | +5.75 | 56.03% |
| Total Deposits ($M) | ▲ | $472 | +3.95 | $468 |
| Shareholders Equity ($M) | ▲ | $49 | +29.82 | $19 |
| Tang. Book Value ($M) | ▲ | $49 | +29.82 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +30.10 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 61.79% | +5.75 | 56.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.00% | -0.25 | 2.24% |
| Allowance / Loans (%) | — | 0.71% | 0.03% | 0.68% |
| Net Charge-Off Ratio (%) | ▲ | 3.64% | -0.52 | 4.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.47% | +2.59 | 12.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.20% | 3.15% | 3.24% | 3.46% | 3.50% | 3.57% | 3.68% | 3.81% |
| ▁▁▁▁▁▂█▆ | Return on Assets (%) | 0.53% | 0.53% | 0.67% | 0.78% | 0.80% | 2.30% | 8.55% | 6.21% |
| █████▇▁▂ | Efficiency Ratio (%) | 79.5% | 79.1% | 75.3% | 73.7% | 73.4% | 70.9% | 23.2% | 36.7% |
| █▇██▆▃▁▁ | Cost of Funds (%) | 1.36% | 1.33% | 1.37% | 1.40% | 1.28% | 1.11% | 0.95% | 0.94% |
| ▁█▂▅▆▄▂▂ | NPA / Assets (%) | 1.92% | 2.50% | 2.00% | 2.24% | 2.29% | 2.14% | 2.02% | 2.00% |
| ▁█▃▅▄▂▂▁ | Net Charge-Off Ratio (%) | 3.49% | 4.77% | 3.89% | 4.16% | 4.06% | 3.78% | 3.70% | 3.64% |
| ▁▁▁▂▂▄▇█ | Tang. Book Value ($M) | $15 | $15 | $17 | $19 | $21 | $30 | $41 | $49 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $253 | $259 | $260 | $264 | $276 | $279 | $286 | $294 |
| ▁▇█▅▅▄▅▆ | Total Deposits ($M) | $443 | $477 | $487 | $468 | $467 | $460 | $466 | $472 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |