Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.16 | 0.98% |
| Return on Equity (%) | ▲ | 12.69% | +0.07 | 12.62% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.41 | 3.29% |
| Efficiency Ratio (%) | ▲ | 53.57% | -2.18 | 55.75% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.37 | $3 |
| Cost of Funds (%) | ▲ | 1.61% | -0.10 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $683 | +30.33 | $653 |
| Gross Loans ($M) | ▲ | $492 | +22.77 | $469 |
| Loan Growth YoY (%) | ▲ | 78.43% | +1.02 | 77.41% |
| Total Deposits ($M) | ▲ | $619 | +20.37 | $598 |
| Shareholders Equity ($M) | ▲ | $62 | +9.62 | $53 |
| Tang. Book Value ($M) | ▲ | $62 | +9.71 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +9.96 | $59 |
| Loan / Deposit Ratio (%) | ▲ | 78.43% | +1.02 | 77.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.30 | 0.15% |
| Allowance / Loans (%) | — | 1.32% | 0.08% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.41 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▆██ | Net Interest Margin (%) | 2.52% | 2.63% | 3.19% | 3.29% | 3.34% | 3.40% | 3.65% | 3.70% |
| ▁▁▅▆▆▇██ | Return on Assets (%) | 0.51% | 0.54% | 0.92% | 0.98% | 1.03% | 1.07% | 1.21% | 1.13% |
| ██▂▂▂▂▁▁ | Efficiency Ratio (%) | 72.7% | 71.0% | 57.8% | 55.8% | 55.9% | 57.0% | 53.0% | 53.6% |
| █▇▃▃▄▃▁▁ | Cost of Funds (%) | 2.04% | 1.96% | 1.71% | 1.70% | 1.79% | 1.75% | 1.58% | 1.61% |
| ▁▁▁▁▁▁▆█ | NPA / Assets (%) | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.13% | 0.35% | 0.44% |
| ▁▁▁▁▁▁▆█ | Net Charge-Off Ratio (%) | 0.20% | 0.22% | 0.22% | 0.20% | 0.21% | 0.18% | 0.50% | 0.62% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $48 | $46 | $49 | $52 | $56 | $59 | $60 | $62 |
| ▁▃▅▆▆▇▇█ | Gross Loans ($M) | $405 | $435 | $453 | $469 | $467 | $471 | $476 | $492 |
| ▂▁▄▅█▅██ | Total Deposits ($M) | $583 | $572 | $594 | $598 | $617 | $599 | $616 | $619 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 10% |