Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.64% | +0.08 | 2.55% |
| Return on Equity (%) | ▼ | 16.86% | -0.26 | 17.12% |
| Net Interest Margin (%) | ▲ | 5.38% | +0.26 | 5.12% |
| Efficiency Ratio (%) | ▲ | 46.14% | -0.68 | 46.82% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.25 | $5 |
| Cost of Funds (%) | ▲ | 1.51% | -0.28 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $735 | +42.39 | $692 |
| Gross Loans ($M) | ▲ | $497 | +53.57 | $444 |
| Loan Growth YoY (%) | ▲ | 78.91% | +4.47 | 74.45% |
| Total Deposits ($M) | ▲ | $610 | +32.86 | $577 |
| Shareholders Equity ($M) | ▲ | $117 | +8.19 | $108 |
| Tang. Book Value ($M) | ▲ | $117 | +8.19 | $108 |
| TBV excl. AOCI ($M)** | ▲ | $123 | +11.16 | $112 |
| Loan / Deposit Ratio (%) | ▲ | 78.91% | +4.47 | 74.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.03 | 0.10% |
| Allowance / Loans (%) | — | 3.17% | 0.03% | 3.14% |
| Net Charge-Off Ratio (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.90% | +0.21 | 22.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆▁▄▇▇▇█ | Net Interest Margin (%) | 5.21% | 5.22% | 4.92% | 5.12% | 5.27% | 5.27% | 5.27% | 5.38% |
| █▄▃▆█▁▇▇ | Return on Assets (%) | 2.71% | 2.46% | 2.40% | 2.55% | 2.66% | 2.24% | 2.64% | 2.64% |
| ▁██▇▆▆▅▆ | Efficiency Ratio (%) | 42.3% | 47.3% | 48.0% | 46.8% | 46.0% | 46.6% | 45.4% | 46.1% |
| ███▇▆▅▂▁ | Cost of Funds (%) | 1.84% | 1.86% | 1.83% | 1.79% | 1.74% | 1.68% | 1.57% | 1.51% |
| █▄▃▃▅▁▁▁ | NPA / Assets (%) | 0.18% | 0.11% | 0.10% | 0.10% | 0.13% | 0.08% | 0.08% | 0.07% |
| █▁▁▁▅▁▁▁ | Net Charge-Off Ratio (%) | 0.10% | 0.01% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% |
| ▂▁▃▅▆▅▇█ | Tang. Book Value ($M) | $104 | $99 | $104 | $108 | $112 | $109 | $113 | $117 |
| ▂▁▁▂▄▅▆█ | Gross Loans ($M) | $442 | $427 | $432 | $444 | $457 | $466 | $479 | $497 |
| ▁▆▇▅▆▇▇█ | Total Deposits ($M) | $527 | $583 | $593 | $577 | $588 | $597 | $596 | $610 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 10% |