Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.07 | 0.84% |
| Return on Equity (%) | ▲ | 10.83% | +0.57 | 10.26% |
| Net Interest Margin (%) | ▲ | 3.40% | +0.18 | 3.23% |
| Efficiency Ratio (%) | ▲ | 64.10% | -1.76 | 65.86% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.04 | $2 |
| Cost of Funds (%) | ▲ | 1.41% | -0.04 | 1.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $688 | +8.80 | $679 |
| Gross Loans ($M) | ▲ | $447 | +20.55 | $427 |
| Loan Growth YoY (%) | ▲ | 75.90% | +2.18 | 73.72% |
| Total Deposits ($M) | ▲ | $583 | +9.77 | $573 |
| Shareholders Equity ($M) | ▲ | $58 | +2.17 | $56 |
| Tang. Book Value ($M) | ▲ | $52 | +2.16 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +1.78 | $59 |
| Loan / Deposit Ratio (%) | ▲ | 75.90% | +2.18 | 73.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.69 | 0.07% |
| Allowance / Loans (%) | — | 1.10% | 0.09% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 1.18% | +1.06 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇▇▇██ | Net Interest Margin (%) | 2.59% | 2.66% | 3.01% | 3.23% | 3.24% | 3.28% | 3.36% | 3.40% |
| ▁▁▃▇▇███ | Return on Assets (%) | 0.57% | 0.60% | 0.68% | 0.84% | 0.86% | 0.90% | 0.88% | 0.91% |
| ██▆▂▁▁▁▁ | Efficiency Ratio (%) | 73.8% | 73.1% | 70.2% | 65.9% | 65.1% | 64.0% | 64.5% | 64.1% |
| ██▃▂▃▂▁▁ | Cost of Funds (%) | 1.71% | 1.68% | 1.50% | 1.45% | 1.50% | 1.46% | 1.41% | 1.41% |
| ▂▂▂▁▁▅▅█ | NPA / Assets (%) | 0.20% | 0.21% | 0.19% | 0.07% | 0.11% | 0.47% | 0.49% | 0.77% |
| ▂▂▂▁▁▅▅█ | Net Charge-Off Ratio (%) | 0.33% | 0.33% | 0.30% | 0.12% | 0.17% | 0.72% | 0.76% | 1.18% |
| ▆▁▅▆▄▆██ | Tang. Book Value ($M) | $49 | $45 | $49 | $50 | $48 | $50 | $52 | $52 |
| ▁▂▄▆▆███ | Gross Loans ($M) | $388 | $398 | $415 | $427 | $430 | $443 | $441 | $447 |
| ▁▂▃▇▇▅▇█ | Total Deposits ($M) | $542 | $547 | $555 | $573 | $577 | $563 | $573 | $583 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 13% |
| Agricultural | 4% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 13% |