Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.10 | 1.27% |
| Return on Equity (%) | ▲ | 13.93% | +1.26 | 12.67% |
| Net Interest Margin (%) | ▲ | 3.03% | +0.06 | 2.96% |
| Efficiency Ratio (%) | ▲ | 46.08% | -3.91 | 49.99% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.11 | $4 |
| Cost of Funds (%) | ▲ | 2.00% | -0.04 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,139 | +237.50 | $901 |
| Gross Loans ($M) | ▲ | $567 | +17.77 | $550 |
| Loan Growth YoY (%) | ▼ | 54.69% | -13.06 | 67.75% |
| Total Deposits ($M) | ▲ | $1,028 | +223.83 | $804 |
| Shareholders Equity ($M) | ▲ | $108 | +13.39 | $95 |
| Tang. Book Value ($M) | ▲ | $106 | +13.39 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $122 | +16.64 | $105 |
| Loan / Deposit Ratio (%) | ▼ | 54.69% | -13.06 | 67.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.43% | +0.39 | 0.05% |
| Allowance / Loans (%) | — | 0.89% | 0.03% | 0.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.07 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇████ | Net Interest Margin (%) | 2.48% | 2.54% | 2.85% | 2.96% | 3.01% | 3.03% | 3.01% | 3.03% |
| ▁▁▅▇▇▇██ | Return on Assets (%) | 0.84% | 0.91% | 1.17% | 1.27% | 1.26% | 1.26% | 1.33% | 1.37% |
| █▇▄▃▃▃▂▁ | Efficiency Ratio (%) | 58.6% | 56.8% | 51.6% | 50.0% | 49.9% | 50.3% | 47.9% | 46.1% |
| █▆▆▅▅▄▁▄ | Cost of Funds (%) | 2.37% | 2.19% | 2.13% | 2.04% | 2.10% | 1.96% | 1.69% | 2.00% |
| ▃▃▁▁█▄▃▃ | NPA / Assets (%) | 0.41% | 0.39% | 0.13% | 0.05% | 1.30% | 0.52% | 0.44% | 0.43% |
| ▆▆▂▁███▁ | Net Charge-Off Ratio (%) | 0.67% | 0.66% | 0.21% | 0.08% | 0.91% | 0.89% | 0.89% | 0.00% |
| ▃▁▂▃▆▆██ | Tang. Book Value ($M) | $90 | $85 | $89 | $92 | $100 | $100 | $104 | $106 |
| ▁▃▃▄▆▆▆█ | Gross Loans ($M) | $533 | $545 | $542 | $550 | $555 | $557 | $556 | $567 |
| ▁▂▂▁▁▃██ | Total Deposits ($M) | $776 | $837 | $812 | $804 | $789 | $845 | $1,023 | $1,028 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Agricultural | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 38% |