Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.90% | +0.04 | 1.86% |
| Return on Equity (%) | ▼ | 17.38% | -0.58 | 17.96% |
| Net Interest Margin (%) | ▼ | 5.75% | -0.24 | 6.00% |
| Efficiency Ratio (%) | ▲ | 57.52% | -0.94 | 58.45% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.99 | $6 |
| Cost of Funds (%) | — | 0.57% | 0.00 | 0.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $934 | +50.06 | $884 |
| Gross Loans ($M) | ▲ | $684 | +58.88 | $625 |
| Loan Growth YoY (%) | ▲ | 83.12% | +3.61 | 79.51% |
| Total Deposits ($M) | ▲ | $815 | +37.04 | $777 |
| Shareholders Equity ($M) | ▲ | $107 | +11.32 | $95 |
| Tang. Book Value ($M) | ▲ | $106 | +11.48 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $116 | +11.08 | $105 |
| Loan / Deposit Ratio (%) | ▲ | 83.12% | +3.61 | 79.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.89% | +0.65 | 0.25% |
| Allowance / Loans (%) | — | 1.00% | -0.09% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 1.22% | +0.87 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▄▆▅▅▁▃ | Net Interest Margin (%) | 6.02% | 6.26% | 5.83% | 6.00% | 5.98% | 5.96% | 5.54% | 5.75% |
| ▄█▄▅▄▄▁▆ | Return on Assets (%) | 1.81% | 2.01% | 1.82% | 1.86% | 1.79% | 1.83% | 1.66% | 1.90% |
| ▅▁▅▅█▆█▄ | Efficiency Ratio (%) | 58.4% | 56.0% | 58.4% | 58.5% | 59.9% | 58.7% | 59.9% | 57.5% |
| █▁▃▅█▇▄▅ | Cost of Funds (%) | 0.62% | 0.50% | 0.54% | 0.57% | 0.62% | 0.59% | 0.56% | 0.57% |
| ▂▁▁▁▁▂▇█ | NPA / Assets (%) | 0.34% | 0.24% | 0.27% | 0.25% | 0.30% | 0.33% | 0.78% | 0.89% |
| ▂▁▁▁▁▂██ | Net Charge-Off Ratio (%) | 0.50% | 0.36% | 0.41% | 0.35% | 0.44% | 0.51% | 1.20% | 1.22% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $86 | $87 | $91 | $95 | $99 | $101 | $103 | $106 |
| ▁▂▃▅▄▄▅█ | Gross Loans ($M) | $564 | $587 | $603 | $625 | $618 | $619 | $627 | $684 |
| ▁▃▅▃▅██▆ | Total Deposits ($M) | $742 | $772 | $798 | $777 | $803 | $850 | $849 | $815 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 13% |
| Agricultural | 33% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 1% |