Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.09% | +0.19 | 1.90% |
| Return on Equity (%) | ▼ | 21.95% | -1.47 | 23.42% |
| Net Interest Margin (%) | ▼ | 4.25% | -0.02 | 4.28% |
| Efficiency Ratio (%) | ▲ | 51.96% | -3.49 | 55.45% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.40 | $3 |
| Cost of Funds (%) | ▲ | 1.44% | -0.06 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $541 | +2.55 | $538 |
| Gross Loans ($M) | ▲ | $355 | +4.35 | $350 |
| Loan Growth YoY (%) | ▲ | 72.63% | +1.84 | 70.78% |
| Total Deposits ($M) | ▼ | $480 | -6.63 | $487 |
| Shareholders Equity ($M) | ▲ | $55 | +10.12 | $45 |
| Tang. Book Value ($M) | ▲ | $55 | +10.12 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +10.73 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 72.63% | +1.84 | 70.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.13 | 0.16% |
| Allowance / Loans (%) | — | 1.76% | 0.03% | 1.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.44% | +0.19 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.32% | +1.63 | 16.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▅▆██▁▆ | Net Interest Margin (%) | 4.25% | 4.26% | 4.22% | 4.28% | 4.36% | 4.35% | 4.04% | 4.25% |
| ▁▁▄▅█▇▆█ | Return on Assets (%) | 1.63% | 1.68% | 1.85% | 1.90% | 2.04% | 2.01% | 1.93% | 2.09% |
| █▇▄▃▂▂▂▁ | Efficiency Ratio (%) | 62.4% | 60.9% | 57.0% | 55.5% | 53.8% | 53.6% | 53.6% | 52.0% |
| ██▆▆▄▃▁▄ | Cost of Funds (%) | 1.57% | 1.55% | 1.51% | 1.50% | 1.44% | 1.41% | 1.34% | 1.44% |
| ▂▁▁▅▅███ | NPA / Assets (%) | 0.07% | 0.02% | 0.02% | 0.16% | 0.19% | 0.27% | 0.26% | 0.29% |
| ▂▁▁▅▆███ | Net Charge-Off Ratio (%) | 0.10% | 0.03% | 0.03% | 0.25% | 0.29% | 0.44% | 0.44% | 0.44% |
| ▂▁▂▃▆▆▇█ | Tang. Book Value ($M) | $43 | $39 | $42 | $45 | $50 | $51 | $52 | $55 |
| ▅▃▄▇▁▃▄█ | Gross Loans ($M) | $344 | $340 | $342 | $350 | $332 | $338 | $343 | $355 |
| ▁▂▃▅▃▅█▅ | Total Deposits ($M) | $442 | $459 | $469 | $487 | $468 | $485 | $517 | $480 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 20% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 7% |