Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.03 | 1.10% |
| Return on Equity (%) | ▼ | 13.46% | -1.52 | 14.98% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.32 | 3.23% |
| Efficiency Ratio (%) | ▲ | 60.94% | -0.50 | 61.44% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.45 | $3 |
| Cost of Funds (%) | ▲ | 1.46% | -0.11 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $954 | +65.49 | $888 |
| Gross Loans ($M) | ▲ | $626 | +82.42 | $544 |
| Loan Growth YoY (%) | ▲ | 77.79% | +5.59 | 72.21% |
| Total Deposits ($M) | ▲ | $798 | +51.80 | $747 |
| Shareholders Equity ($M) | ▲ | $80 | +9.57 | $71 |
| Tang. Book Value ($M) | ▲ | $78 | +9.51 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $91 | +8.41 | $82 |
| Loan / Deposit Ratio (%) | ▲ | 77.79% | +5.59 | 72.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Allowance / Loans (%) | — | 0.85% | -0.05% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.93% | -0.22 | 13.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 3.09% | 3.11% | 3.16% | 3.23% | 3.31% | 3.37% | 3.49% | 3.56% |
| ▁▃▁▆▇█▂█ | Return on Assets (%) | 0.97% | 1.02% | 0.95% | 1.10% | 1.13% | 1.15% | 1.00% | 1.13% |
| ▄▁▇▃▂▁█▃ | Efficiency Ratio (%) | 61.7% | 60.0% | 64.0% | 61.4% | 60.7% | 59.7% | 64.7% | 60.9% |
| ██▆▆▃▁▂▂ | Cost of Funds (%) | 1.63% | 1.63% | 1.55% | 1.57% | 1.48% | 1.41% | 1.45% | 1.46% |
| █▇▂▁▁▁▁▁ | NPA / Assets (%) | 0.04% | 0.04% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| █▇▂▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.06% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▂▁▂▅▆▇██ | Tang. Book Value ($M) | $61 | $58 | $63 | $69 | $73 | $75 | $77 | $78 |
| ▁▁▃▃▃▅▇█ | Gross Loans ($M) | $509 | $513 | $541 | $544 | $548 | $576 | $605 | $626 |
| ▁▃▂▃▃▆▇█ | Total Deposits ($M) | $728 | $748 | $738 | $747 | $754 | $775 | $789 | $798 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 9% |