Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.12 | 0.92% |
| Return on Equity (%) | ▲ | 12.76% | +0.51 | 12.25% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.23 | 3.72% |
| Efficiency Ratio (%) | ▲ | 64.89% | -4.27 | 69.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 1.23% | -0.19 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $385 | +7.27 | $378 |
| Gross Loans ($M) | ▲ | $303 | +8.74 | $295 |
| Loan Growth YoY (%) | ▲ | 87.77% | +0.70 | 87.07% |
| Total Deposits ($M) | ▲ | $344 | +7.22 | $336 |
| Shareholders Equity ($M) | ▲ | $32 | +3.14 | $29 |
| Tang. Book Value ($M) | ▲ | $30 | +3.14 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +2.95 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 87.77% | +0.70 | 87.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.04 | 0.37% |
| Allowance / Loans (%) | — | 0.62% | 0.00% | 0.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.03 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.09% | +0.68 | 13.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▄▅▆▇█ | Net Interest Margin (%) | 3.51% | 3.54% | 3.76% | 3.72% | 3.78% | 3.79% | 3.88% | 3.95% |
| ▁▁▃▄▅▄█▇ | Return on Assets (%) | 0.84% | 0.81% | 0.90% | 0.92% | 0.96% | 0.91% | 1.07% | 1.03% |
| ▇█▇▆▄▆▁▁ | Efficiency Ratio (%) | 70.0% | 71.4% | 70.1% | 69.2% | 68.0% | 69.6% | 65.0% | 64.9% |
| ▆▇▇██▄▃▁ | Cost of Funds (%) | 1.35% | 1.39% | 1.37% | 1.42% | 1.40% | 1.32% | 1.29% | 1.23% |
| ▂▂▁▇████ | NPA / Assets (%) | 0.26% | 0.26% | 0.22% | 0.37% | 0.39% | 0.40% | 0.39% | 0.41% |
| ▁▁▁▆▇█▇█ | Net Charge-Off Ratio (%) | 0.32% | 0.32% | 0.29% | 0.47% | 0.50% | 0.53% | 0.50% | 0.51% |
| ▃▁▃▃▆▇██ | Tang. Book Value ($M) | $27 | $25 | $27 | $27 | $29 | $29 | $30 | $30 |
| ▁▁▂▂▄▃▂█ | Gross Loans ($M) | $292 | $292 | $293 | $295 | $297 | $296 | $294 | $303 |
| ▁▁▅▄▁█▆▆ | Total Deposits ($M) | $325 | $329 | $340 | $336 | $328 | $352 | $342 | $344 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 2% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 6% |