Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.10% | -0.32 | 1.42% |
| Return on Equity (%) | ▼ | 10.25% | -4.07 | 14.32% |
| Net Interest Margin (%) | ▲ | 3.63% | +0.17 | 3.46% |
| Efficiency Ratio (%) | ▼ | 65.82% | +3.79 | 62.03% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.01 | $2 |
| Cost of Funds (%) | ▼ | 1.80% | +0.06 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $752 | +64.18 | $687 |
| Gross Loans ($M) | ▲ | $550 | +57.30 | $493 |
| Loan Growth YoY (%) | ▲ | 86.55% | +2.72 | 83.83% |
| Total Deposits ($M) | ▲ | $628 | +47.43 | $581 |
| Shareholders Equity ($M) | ▲ | $79 | +5.41 | $74 |
| Tang. Book Value ($M) | ▲ | $71 | +5.71 | $65 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +5.73 | $71 |
| Loan / Deposit Ratio (%) | ▲ | 86.55% | +2.72 | 83.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.10 | 0.20% |
| Allowance / Loans (%) | — | 1.16% | -0.04% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.14 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.85 | 13.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▆█ | Net Interest Margin (%) | 3.22% | 3.24% | 3.30% | 3.46% | 3.48% | 3.49% | 3.50% | 3.63% |
| ▂▂▃██▇▁▄ | Return on Assets (%) | 0.95% | 1.00% | 1.06% | 1.42% | 1.36% | 1.34% | 0.86% | 1.10% |
| ▄▃▄▁▁▁█▅ | Efficiency Ratio (%) | 64.9% | 64.6% | 64.7% | 62.0% | 62.2% | 62.1% | 69.0% | 65.8% |
| █▆▂▁▅▄▂▂ | Cost of Funds (%) | 2.01% | 1.94% | 1.80% | 1.73% | 1.89% | 1.85% | 1.80% | 1.80% |
| ███▁▁▁▁▁ | NPA / Assets (%) | 1.20% | 1.19% | 1.23% | 0.20% | 0.13% | 0.13% | 0.13% | 0.10% |
| ███▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.72% | 1.70% | 1.74% | 0.27% | 0.18% | 0.19% | 0.18% | 0.13% |
| ▁▁▅▆▇███ | Tang. Book Value ($M) | $50 | $48 | $62 | $65 | $68 | $69 | $70 | $71 |
| ▁▂▂▄▄▅▆█ | Gross Loans ($M) | $456 | $470 | $477 | $493 | $503 | $514 | $521 | $550 |
| ▁▅▃▂▂▅██ | Total Deposits ($M) | $573 | $606 | $594 | $581 | $583 | $610 | $632 | $628 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 13% |
| Agricultural | 22% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 16% |