Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.65% | +0.22 | 1.43% |
| Return on Equity (%) | ▲ | 17.36% | +1.38 | 15.98% |
| Net Interest Margin (%) | ▲ | 4.65% | +0.27 | 4.38% |
| Efficiency Ratio (%) | ▲ | 54.31% | -1.83 | 56.14% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.54 | $3 |
| Cost of Funds (%) | ▲ | 0.90% | -0.13 | 1.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $673 | +22.07 | $651 |
| Gross Loans ($M) | ▲ | $419 | +57.24 | $361 |
| Loan Growth YoY (%) | ▲ | 69.51% | +8.74 | 60.77% |
| Total Deposits ($M) | ▲ | $596 | +8.05 | $588 |
| Shareholders Equity ($M) | ▲ | $64 | +3.90 | $60 |
| Tang. Book Value ($M) | ▲ | $51 | +5.07 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +4.90 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 69.51% | +8.74 | 60.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.01 | 0.02% |
| Allowance / Loans (%) | — | 1.06% | -0.10% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.87 | 13.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 3.74% | 3.81% | 4.31% | 4.38% | 4.46% | 4.47% | 4.54% | 4.65% |
| ▁▂▅▅▆▆██ | Return on Assets (%) | 1.09% | 1.20% | 1.41% | 1.43% | 1.47% | 1.45% | 1.63% | 1.65% |
| ██▃▃▃▃▁▁ | Efficiency Ratio (%) | 61.9% | 61.4% | 56.7% | 56.1% | 56.3% | 56.9% | 54.1% | 54.3% |
| █▃▂▃▂▁▁▁ | Cost of Funds (%) | 1.47% | 1.09% | 1.01% | 1.03% | 1.01% | 0.93% | 0.87% | 0.90% |
| ██▇▅▄▂▁▁ | NPA / Assets (%) | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| ██▇▅▄▂▂▁ | Net Charge-Off Ratio (%) | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% |
| ▃▁▃▄▇███ | Tang. Book Value ($M) | $45 | $42 | $45 | $46 | $50 | $52 | $51 | $51 |
| ▁▂▃▃▃▅▅█ | Gross Loans ($M) | $335 | $347 | $358 | $361 | $365 | $385 | $380 | $419 |
| ▁▇▆▅▆▇█▆ | Total Deposits ($M) | $539 | $609 | $597 | $588 | $596 | $608 | $624 | $596 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 8% |
| Agricultural | 10% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 9% |