Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.31 | 1.17% |
| Return on Equity (%) | ▲ | 14.29% | +0.68 | 13.61% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.50 | 3.30% |
| Efficiency Ratio (%) | ▲ | 46.07% | -5.56 | 51.64% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.03 | $3 |
| Cost of Funds (%) | ▲ | 1.58% | -0.33 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $737 | +42.58 | $694 |
| Gross Loans ($M) | ▲ | $501 | +19.22 | $482 |
| Loan Growth YoY (%) | ▲ | 85.53% | +2.67 | 82.86% |
| Total Deposits ($M) | ▲ | $578 | +3.09 | $575 |
| Shareholders Equity ($M) | ▲ | $87 | +24.72 | $63 |
| Tang. Book Value ($M) | ▲ | $87 | +24.81 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +24.49 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 85.53% | +2.67 | 82.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.21 | 0.17% |
| Allowance / Loans (%) | — | 1.36% | 0.20% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.36 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 3.06% | 3.10% | 3.23% | 3.30% | 3.38% | 3.46% | 3.68% | 3.80% |
| ▂▁▂▃▄▃██ | Return on Assets (%) | 1.10% | 1.05% | 1.15% | 1.17% | 1.22% | 1.17% | 1.49% | 1.48% |
| ▆█▅▇▆▆▁▂ | Efficiency Ratio (%) | 50.5% | 52.9% | 49.2% | 51.6% | 50.3% | 50.4% | 43.8% | 46.1% |
| ██▆▅▅▃▂▁ | Cost of Funds (%) | 2.13% | 2.10% | 1.94% | 1.91% | 1.90% | 1.76% | 1.69% | 1.58% |
| ▁▁▁▁▃▃█▅ | NPA / Assets (%) | 0.20% | 0.20% | 0.19% | 0.17% | 0.30% | 0.27% | 0.56% | 0.37% |
| ▂▁▁▁▄▃█▅ | Net Charge-Off Ratio (%) | 0.29% | 0.25% | 0.23% | 0.18% | 0.43% | 0.37% | 0.81% | 0.54% |
| ▁▁▁▂▃▄▄█ | Tang. Book Value ($M) | $60 | $57 | $60 | $62 | $67 | $69 | $70 | $87 |
| ▁▂▂▄▄█▇▇ | Gross Loans ($M) | $464 | $475 | $471 | $482 | $483 | $510 | $501 | $501 |
| ███▆█▁▆▇ | Total Deposits ($M) | $579 | $579 | $580 | $575 | $580 | $563 | $575 | $578 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 20% |
| Agricultural | 13% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |