Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.17 | 1.25% |
| Return on Equity (%) | ▲ | 16.42% | +0.51 | 15.91% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.43 | 3.36% |
| Efficiency Ratio (%) | ▲ | 57.69% | -6.70 | 64.38% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.05 | $3 |
| Cost of Funds (%) | ▲ | 2.22% | -0.16 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $957 | +67.97 | $889 |
| Gross Loans ($M) | ▲ | $751 | +51.90 | $699 |
| Loan Growth YoY (%) | ▲ | 88.58% | +0.37 | 88.22% |
| Total Deposits ($M) | ▲ | $838 | +54.64 | $784 |
| Shareholders Equity ($M) | ▲ | $84 | +13.12 | $70 |
| Tang. Book Value ($M) | ▲ | $84 | +13.12 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $91 | +13.99 | $77 |
| Loan / Deposit Ratio (%) | ▲ | 88.58% | +0.37 | 88.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.18 | 0.35% |
| Allowance / Loans (%) | — | 1.08% | 0.01% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.14 | 0.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.34% | +0.52 | 13.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.93% | 2.97% | 3.22% | 3.36% | 3.44% | 3.51% | 3.70% | 3.78% |
| ▁▁▄▆▇█▅█ | Return on Assets (%) | 0.83% | 0.88% | 1.10% | 1.25% | 1.31% | 1.37% | 1.16% | 1.42% |
| ██▅▄▃▃▁▁ | Efficiency Ratio (%) | 74.5% | 73.2% | 67.4% | 64.4% | 63.3% | 62.2% | 58.6% | 57.7% |
| ██▄▄▄▃▁▁ | Cost of Funds (%) | 2.57% | 2.61% | 2.41% | 2.38% | 2.39% | 2.35% | 2.23% | 2.22% |
| ▁▂▄▄▅▄██ | NPA / Assets (%) | 0.18% | 0.25% | 0.35% | 0.35% | 0.41% | 0.36% | 0.55% | 0.54% |
| ▁▂▅▅▇▃██ | Net Charge-Off Ratio (%) | 0.23% | 0.30% | 0.43% | 0.44% | 0.51% | 0.33% | 0.58% | 0.58% |
| ▂▁▁▂▅▇▇█ | Tang. Book Value ($M) | $69 | $66 | $67 | $70 | $76 | $81 | $81 | $84 |
| ▁▂▃▅▆▇██ | Gross Loans ($M) | $645 | $661 | $677 | $699 | $718 | $736 | $738 | $751 |
| ▁▁▃▄▆▇██ | Total Deposits ($M) | $741 | $747 | $774 | $784 | $806 | $818 | $833 | $838 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |