Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.33 | 0.68% |
| Return on Equity (%) | ▲ | 10.43% | +2.41 | 8.02% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.47 | 2.92% |
| Efficiency Ratio (%) | ▲ | 58.76% | -5.53 | 64.29% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.08 | $2 |
| Cost of Funds (%) | ▲ | 2.31% | -0.70 | 3.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $582 | +122.04 | $460 |
| Gross Loans ($M) | ▲ | $400 | +86.93 | $313 |
| Loan Growth YoY (%) | ▲ | 88.75% | +8.02 | 80.73% |
| Total Deposits ($M) | ▲ | $447 | +62.21 | $384 |
| Shareholders Equity ($M) | ▲ | $54 | +14.88 | $39 |
| Tang. Book Value ($M) | ▲ | $54 | +14.94 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +15.72 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 88.75% | +8.02 | 80.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.18 | 0.22% |
| Allowance / Loans (%) | — | 0.96% | 0.02% | 0.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.32 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.23% | +0.51 | 11.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▃▆██ | Net Interest Margin (%) | 2.69% | 2.80% | 2.76% | 2.92% | 2.92% | 3.14% | 3.36% | 3.39% |
| ▁▁▂▅▄▄██ | Return on Assets (%) | 0.33% | 0.33% | 0.46% | 0.68% | 0.60% | 0.66% | 0.97% | 1.01% |
| ██▆▂▄▃▂▁ | Efficiency Ratio (%) | 81.9% | 80.1% | 75.3% | 64.3% | 68.4% | 65.4% | 63.3% | 58.8% |
| █▇▆▇▆▃▁▁ | Cost of Funds (%) | 3.18% | 3.06% | 2.90% | 3.01% | 2.91% | 2.60% | 2.35% | 2.31% |
| ▅▄▄███▅▁ | NPA / Assets (%) | 0.14% | 0.12% | 0.11% | 0.22% | 0.22% | 0.20% | 0.15% | 0.04% |
| ▆▅▅███▁▁ | Net Charge-Off Ratio (%) | 0.21% | 0.17% | 0.17% | 0.32% | 0.32% | 0.29% | 0.00% | 0.00% |
| ▁▁▁▁▇▇▇█ | Tang. Book Value ($M) | $37 | $37 | $38 | $39 | $50 | $51 | $51 | $54 |
| ▁▂▂▂▃▅▅█ | Gross Loans ($M) | $285 | $303 | $308 | $313 | $326 | $353 | $357 | $400 |
| ▂▁▅▃▅▆██ | Total Deposits ($M) | $367 | $355 | $402 | $384 | $411 | $413 | $444 | $447 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 18% |
| Agricultural | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 11% |