Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.61% | -0.01 | 2.62% |
| Return on Equity (%) | ▼ | 38.99% | -13.12 | 52.11% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.04 | 4.45% |
| Efficiency Ratio (%) | ▼ | 46.22% | +1.37 | 44.85% |
| Pre-Provision Profit ($M) | ▼ | $6 | -0.19 | $6 |
| Cost of Funds (%) | ▲ | 1.03% | -0.12 | 1.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $818 | +15.49 | $803 |
| Gross Loans ($M) | ▲ | $550 | +22.82 | $527 |
| Loan Growth YoY (%) | ▲ | 74.81% | +2.35 | 72.47% |
| Total Deposits ($M) | ▲ | $728 | +7.85 | $720 |
| Shareholders Equity ($M) | ▲ | $56 | +12.80 | $43 |
| Tang. Book Value ($M) | ▲ | $56 | +12.80 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +12.94 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 74.81% | +2.35 | 72.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.15 | 0.03% |
| Allowance / Loans (%) | — | 0.98% | -0.03% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.22 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.94% | +0.89 | 13.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▇██▄█ | Net Interest Margin (%) | 4.29% | 4.33% | 4.19% | 4.45% | 4.50% | 4.51% | 4.35% | 4.49% |
| ▂▄▁▇█▇▄▆ | Return on Assets (%) | 2.44% | 2.52% | 2.37% | 2.62% | 2.69% | 2.64% | 2.50% | 2.61% |
| ▇██▁▁▁▇▅ | Efficiency Ratio (%) | 46.9% | 47.5% | 47.5% | 44.9% | 44.7% | 45.0% | 47.2% | 46.2% |
| ██▄▄▃▂▁▁ | Cost of Funds (%) | 1.32% | 1.34% | 1.16% | 1.15% | 1.12% | 1.07% | 1.02% | 1.03% |
| █▁▁▁▂▃▅▅ | NPA / Assets (%) | 0.29% | 0.02% | 0.01% | 0.03% | 0.07% | 0.10% | 0.16% | 0.18% |
| █▁▁▁▂▃▅▅ | Net Charge-Off Ratio (%) | 0.44% | 0.00% | 0.00% | 0.05% | 0.11% | 0.16% | 0.25% | 0.27% |
| ▂▁▂▃▅███ | Tang. Book Value ($M) | $41 | $38 | $41 | $43 | $49 | $57 | $55 | $56 |
| ▁▂▃▄▃▄▅█ | Gross Loans ($M) | $510 | $518 | $523 | $527 | $521 | $528 | $533 | $550 |
| ▁▁█▃▄▆▆▄ | Total Deposits ($M) | $691 | $701 | $777 | $720 | $725 | $750 | $748 | $728 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 11% |