Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.59% | +0.03 | 2.56% |
| Return on Equity (%) | ▼ | 20.63% | -1.91 | 22.54% |
| Net Interest Margin (%) | ▲ | 4.72% | +0.05 | 4.67% |
| Efficiency Ratio (%) | ▲ | 42.39% | -0.42 | 42.81% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.17 | $4 |
| Cost of Funds (%) | ▲ | 0.86% | -0.18 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $651 | +15.90 | $635 |
| Gross Loans ($M) | ▲ | $338 | +19.83 | $318 |
| Loan Growth YoY (%) | ▲ | 59.10% | +2.41 | 56.69% |
| Total Deposits ($M) | ▲ | $563 | +10.54 | $552 |
| Shareholders Equity ($M) | ▲ | $81 | +6.11 | $75 |
| Tang. Book Value ($M) | ▲ | $81 | +6.11 | $75 |
| TBV excl. AOCI ($M)** | ▲ | $88 | +5.84 | $82 |
| Loan / Deposit Ratio (%) | ▲ | 59.10% | +2.41 | 56.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.08 | 0.08% |
| Allowance / Loans (%) | — | 1.56% | -0.01% | 1.56% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.15 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▅██▃▇ | Net Interest Margin (%) | 4.70% | 4.66% | 4.52% | 4.67% | 4.76% | 4.75% | 4.59% | 4.72% |
| ▁▁▁▂▅█▂▃ | Return on Assets (%) | 2.52% | 2.53% | 2.50% | 2.56% | 2.68% | 2.81% | 2.56% | 2.59% |
| █▆▇▆▅▁▅▅ | Efficiency Ratio (%) | 44.5% | 43.0% | 43.5% | 42.8% | 41.9% | 39.2% | 42.1% | 42.4% |
| ▆█▇█▅▃▂▁ | Cost of Funds (%) | 1.02% | 1.07% | 1.04% | 1.05% | 0.97% | 0.94% | 0.91% | 0.86% |
| ████▁▁▂▁ | NPA / Assets (%) | 0.08% | 0.08% | 0.08% | 0.08% | 0.01% | 0.01% | 0.02% | 0.01% |
| ████▁▁▂▁ | Net Charge-Off Ratio (%) | 0.17% | 0.16% | 0.16% | 0.17% | 0.03% | 0.03% | 0.04% | 0.01% |
| ▁▂▁▃▆█▄▆ | Tang. Book Value ($M) | $72 | $73 | $70 | $75 | $81 | $87 | $77 | $81 |
| ▁▂▃▅▆▆▇█ | Gross Loans ($M) | $297 | $306 | $310 | $318 | $326 | $324 | $328 | $338 |
| ▁▆█▅▄▆██ | Total Deposits ($M) | $535 | $556 | $565 | $552 | $549 | $557 | $567 | $563 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |