Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.76% | +0.29 | 1.47% |
| Return on Equity (%) | ▲ | 15.11% | +3.34 | 11.77% |
| Net Interest Margin (%) | ▼ | 4.18% | -0.24 | 4.43% |
| Efficiency Ratio (%) | ▲ | 44.11% | -2.80 | 46.91% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.48 | $4 |
| Cost of Funds (%) | ▲ | 1.69% | -0.40 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $872 | +220.59 | $652 |
| Gross Loans ($M) | ▲ | $648 | +124.42 | $524 |
| Loan Growth YoY (%) | ▼ | 84.48% | -6.08 | 90.56% |
| Total Deposits ($M) | ▲ | $752 | +186.99 | $565 |
| Shareholders Equity ($M) | ▲ | $102 | +24.30 | $78 |
| Tang. Book Value ($M) | ▲ | $77 | +8.12 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +10.90 | $73 |
| Loan / Deposit Ratio (%) | ▼ | 84.48% | -6.08 | 90.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.23% | +0.19 | 0.05% |
| Allowance / Loans (%) | — | 1.97% | -0.31% | 2.28% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.09 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆███▅▆ | Net Interest Margin (%) | 3.61% | 3.65% | 4.22% | 4.43% | 4.43% | 4.46% | 4.13% | 4.18% |
| █▇▁▄▅▆▆▅ | Return on Assets (%) | 2.45% | 2.12% | 0.73% | 1.47% | 1.63% | 1.85% | 1.84% | 1.76% |
| ▁▄█▄▄▅▃▃ | Efficiency Ratio (%) | 39.9% | 45.7% | 54.5% | 46.9% | 46.9% | 47.6% | 44.5% | 44.1% |
| █▇▅█▆▃▁▃ | Cost of Funds (%) | 2.04% | 1.97% | 1.83% | 2.09% | 1.91% | 1.66% | 1.48% | 1.69% |
| ▁▁▂▂▂▁█▇ | NPA / Assets (%) | 0.00% | 0.00% | 0.06% | 0.05% | 0.04% | 0.00% | 0.30% | 0.23% |
| ▁▁▃▂▂▁█▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.08% | 0.06% | 0.06% | 0.00% | 0.26% | 0.15% |
| ▆▆▁▃▅█▇█ | Tang. Book Value ($M) | $74 | $73 | $66 | $69 | $73 | $76 | $76 | $77 |
| ▁▁▅▅▅▆██ | Gross Loans ($M) | $378 | $377 | $517 | $524 | $536 | $574 | $648 | $648 |
| ▁▁▄▄▄▄██ | Total Deposits ($M) | $405 | $420 | $556 | $565 | $562 | $582 | $784 | $752 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 5% |
| Agricultural | 7% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 5% |