Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.57% | -0.05 | 1.62% |
| Return on Equity (%) | ▲ | 12.46% | +0.18 | 12.28% |
| Net Interest Margin (%) | ▼ | 3.00% | -0.18 | 3.18% |
| Efficiency Ratio (%) | ▲ | 40.58% | -1.41 | 41.99% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.59 | $3 |
| Cost of Funds (%) | ▲ | 1.86% | -0.02 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $745 | +101.00 | $644 |
| Gross Loans ($M) | ▲ | $393 | +22.27 | $371 |
| Loan Growth YoY (%) | ▼ | 60.23% | -6.06 | 66.29% |
| Total Deposits ($M) | ▲ | $644 | +92.41 | $552 |
| Shareholders Equity ($M) | ▲ | $97 | +11.44 | $86 |
| Tang. Book Value ($M) | ▲ | $96 | +11.52 | $84 |
| TBV excl. AOCI ($M)** | ▲ | $107 | +13.65 | $94 |
| Loan / Deposit Ratio (%) | ▼ | 60.23% | -6.06 | 66.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | -0.07% | 1.44% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.84% | +0.76 | 21.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▇█▆▅▁▃ | Net Interest Margin (%) | 2.93% | 2.97% | 3.13% | 3.18% | 3.09% | 3.04% | 2.90% | 3.00% |
| ▁▁▇█▇▃▃▇ | Return on Assets (%) | 1.42% | 1.41% | 1.58% | 1.62% | 1.57% | 1.46% | 1.47% | 1.57% |
| ██▁▂▃▇▂▁ | Efficiency Ratio (%) | 46.4% | 46.7% | 41.3% | 42.0% | 42.1% | 45.3% | 41.6% | 40.6% |
| ▇▁▃██▇▇█ | Cost of Funds (%) | 1.83% | 1.67% | 1.75% | 1.88% | 1.89% | 1.84% | 1.84% | 1.86% |
| ▇▃▁▁█▁▁▁ | NPA / Assets (%) | 0.03% | 0.01% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% |
| ▆▃▁▁█▂▂▁ | Net Charge-Off Ratio (%) | 0.05% | 0.02% | 0.00% | 0.00% | 0.06% | 0.01% | 0.01% | 0.00% |
| ▂▁▂▃▆▇▇█ | Tang. Book Value ($M) | $83 | $80 | $82 | $84 | $90 | $93 | $93 | $96 |
| ▁▂▃▄▅▆▆█ | Gross Loans ($M) | $358 | $366 | $369 | $371 | $376 | $381 | $382 | $393 |
| ▁▂▁▃▅███ | Total Deposits ($M) | $514 | $549 | $524 | $552 | $593 | $660 | $654 | $644 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 13% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |