Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.26% | -0.09 | 2.34% |
| Return on Equity (%) | ▼ | 12.30% | -1.08 | 13.38% |
| Net Interest Margin (%) | ▼ | 5.03% | -0.14 | 5.17% |
| Efficiency Ratio (%) | ▼ | 41.26% | +1.67 | 39.59% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.18 | $5 |
| Cost of Funds (%) | ▲ | 1.01% | -0.00 | 1.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $636 | +43.37 | $592 |
| Gross Loans ($M) | ▲ | $460 | +48.53 | $411 |
| Loan Growth YoY (%) | ▲ | 88.14% | +4.30 | 83.84% |
| Total Deposits ($M) | ▲ | $515 | +30.56 | $485 |
| Shareholders Equity ($M) | ▲ | $116 | +12.91 | $103 |
| Tang. Book Value ($M) | ▲ | $116 | +12.91 | $103 |
| TBV excl. AOCI ($M)** | ▲ | $122 | +13.75 | $109 |
| Loan / Deposit Ratio (%) | ▲ | 88.14% | +4.30 | 83.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.38% | +0.16 | 0.23% |
| Allowance / Loans (%) | — | 1.21% | 0.04% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.24 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆███▃▄ | Net Interest Margin (%) | 4.89% | 4.98% | 5.11% | 5.17% | 5.19% | 5.19% | 4.98% | 5.03% |
| ▁▃▄▆██▁▃ | Return on Assets (%) | 2.19% | 2.26% | 2.26% | 2.34% | 2.38% | 2.40% | 2.18% | 2.26% |
| █▆▅▂▁▁█▅ | Efficiency Ratio (%) | 42.6% | 41.7% | 41.1% | 39.6% | 39.1% | 38.7% | 42.8% | 41.3% |
| ▆▂▁▁█▆▂▁ | Cost of Funds (%) | 1.05% | 1.02% | 1.00% | 1.01% | 1.08% | 1.06% | 1.02% | 1.01% |
| ▄██▃▄▁▁█ | NPA / Assets (%) | 0.28% | 0.41% | 0.40% | 0.23% | 0.27% | 0.18% | 0.16% | 0.38% |
| ▅▇█▂▃▁▁█ | Net Charge-Off Ratio (%) | 0.38% | 0.48% | 0.49% | 0.27% | 0.32% | 0.24% | 0.23% | 0.51% |
| ▁▁▃▄▅▇▇█ | Tang. Book Value ($M) | $94 | $96 | $99 | $103 | $107 | $111 | $113 | $116 |
| ▁▂▃▃▄▅▆█ | Gross Loans ($M) | $391 | $405 | $411 | $411 | $424 | $433 | $440 | $460 |
| ▁▁▃▅▅▅▇█ | Total Deposits ($M) | $435 | $443 | $459 | $485 | $482 | $479 | $503 | $515 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 9% |