Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.38 | 1.02% |
| Return on Equity (%) | ▲ | 11.52% | +2.29 | 9.23% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.26 | 3.94% |
| Efficiency Ratio (%) | ▲ | 49.35% | -7.45 | 56.81% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.62 | $2 |
| Cost of Funds (%) | ▲ | 1.69% | -0.14 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $469 | +0.99 | $468 |
| Gross Loans ($M) | ▲ | $296 | +11.59 | $285 |
| Loan Growth YoY (%) | ▲ | 73.52% | +3.01 | 70.51% |
| Total Deposits ($M) | ▼ | $396 | -0.89 | $396 |
| Shareholders Equity ($M) | ▲ | $58 | +3.48 | $54 |
| Tang. Book Value ($M) | ▲ | $49 | +4.64 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $55 | +4.10 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 73.52% | +3.01 | 70.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.14 | 0.04% |
| Allowance / Loans (%) | — | 1.80% | 0.03% | 1.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.22 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.28% | +1.16 | 13.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▄▁▁▃▄▇█ | Net Interest Margin (%) | 3.99% | 4.04% | 3.92% | 3.94% | 4.00% | 4.04% | 4.15% | 4.21% |
| ▁▂▅▅▅▅██ | Return on Assets (%) | 0.53% | 0.65% | 0.97% | 1.02% | 1.07% | 1.07% | 1.35% | 1.40% |
| ██▃▃▂▂▁▁ | Efficiency Ratio (%) | 78.1% | 74.7% | 57.7% | 56.8% | 55.8% | 54.6% | 50.6% | 49.4% |
| ██▂▄▃▁▁▁ | Cost of Funds (%) | 2.01% | 2.04% | 1.77% | 1.83% | 1.79% | 1.71% | 1.68% | 1.69% |
| ▁▁▆▂███▆ | NPA / Assets (%) | 0.00% | 0.00% | 0.17% | 0.04% | 0.25% | 0.25% | 0.22% | 0.17% |
| ▁▁▆▂███▆ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.29% | 0.06% | 0.41% | 0.39% | 0.37% | 0.28% |
| ▁▁▃▄▇▇██ | Tang. Book Value ($M) | $40 | $39 | $42 | $44 | $47 | $47 | $48 | $49 |
| ▆▃▁▄▄█▇█ | Gross Loans ($M) | $292 | $284 | $276 | $285 | $285 | $298 | $293 | $296 |
| █▅▆▂▁▁▅▂ | Total Deposits ($M) | $423 | $409 | $414 | $396 | $390 | $388 | $408 | $396 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |