Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.02 | 1.17% |
| Return on Equity (%) | ▲ | 13.19% | +0.46 | 12.73% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.21 | 4.02% |
| Efficiency Ratio (%) | ▼ | 64.84% | +4.39 | 60.45% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.43 | $3 |
| Cost of Funds (%) | ▲ | 1.84% | -0.00 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $854 | +156.01 | $698 |
| Gross Loans ($M) | ▲ | $671 | +112.68 | $558 |
| Loan Growth YoY (%) | ▲ | 95.67% | +0.60 | 95.07% |
| Total Deposits ($M) | ▲ | $694 | +112.84 | $581 |
| Shareholders Equity ($M) | ▲ | $71 | +6.21 | $65 |
| Tang. Book Value ($M) | ▲ | $65 | +1.51 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +1.73 | $67 |
| Loan / Deposit Ratio (%) | ▲ | 95.67% | +0.60 | 95.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.06 | 0.17% |
| Allowance / Loans (%) | — | 1.06% | 0.01% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 0.29% | +0.08 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.37% | -1.86 | 11.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▆▃██ | Net Interest Margin (%) | 3.51% | 3.56% | 3.98% | 4.02% | 4.02% | 3.77% | 4.18% | 4.23% |
| ▁▃▇██▅▆█ | Return on Assets (%) | 0.91% | 0.99% | 1.14% | 1.17% | 1.20% | 1.07% | 1.11% | 1.19% |
| ▆▅▂▁▁▁█▇ | Efficiency Ratio (%) | 64.6% | 63.9% | 61.7% | 60.5% | 60.4% | 60.8% | 66.3% | 64.8% |
| █▇▁▁▂▁▁▁ | Cost of Funds (%) | 2.29% | 2.21% | 1.89% | 1.85% | 1.92% | 1.89% | 1.90% | 1.84% |
| ▁▅▁▅█▄▅█ | NPA / Assets (%) | 0.10% | 0.16% | 0.10% | 0.17% | 0.22% | 0.16% | 0.16% | 0.22% |
| ▁▄▁▅█▄▅█ | Net Charge-Off Ratio (%) | 0.13% | 0.20% | 0.12% | 0.21% | 0.27% | 0.20% | 0.21% | 0.29% |
| ▁▁▃▄▅██▅ | Tang. Book Value ($M) | $57 | $58 | $61 | $63 | $66 | $70 | $72 | $65 |
| ▁▁▁▂▃▇██ | Gross Loans ($M) | $541 | $536 | $546 | $558 | $579 | $647 | $655 | $671 |
| ▁▁▁▂▂███ | Total Deposits ($M) | $549 | $548 | $557 | $581 | $582 | $694 | $710 | $694 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |