Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.03 | 1.81% |
| Return on Equity (%) | ▼ | 21.66% | -0.88 | 22.54% |
| Net Interest Margin (%) | ▲ | 5.28% | +0.26 | 5.03% |
| Efficiency Ratio (%) | ▲ | 62.87% | -1.73 | 64.60% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.28 | $4 |
| Cost of Funds (%) | ▲ | 1.60% | -0.31 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $947 | +136.04 | $811 |
| Gross Loans ($M) | ▲ | $773 | +119.01 | $654 |
| Loan Growth YoY (%) | ▲ | 95.80% | +5.87 | 89.94% |
| Total Deposits ($M) | ▲ | $797 | +79.00 | $718 |
| Shareholders Equity ($M) | ▲ | $84 | +15.69 | $68 |
| Tang. Book Value ($M) | ▲ | $84 | +15.69 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +15.36 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 95.80% | +5.87 | 89.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.97% | -0.09 | 1.06% |
| Allowance / Loans (%) | — | 1.21% | -0.03% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.03 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▇▇█ | Net Interest Margin (%) | 4.57% | 4.60% | 4.87% | 5.03% | 5.09% | 5.18% | 5.15% | 5.28% |
| ▁▁▄▆█▅█▆ | Return on Assets (%) | 1.40% | 1.35% | 1.61% | 1.81% | 1.94% | 1.76% | 2.02% | 1.84% |
| ██▅▄▃▄▁▃ | Efficiency Ratio (%) | 69.7% | 69.5% | 66.0% | 64.6% | 63.0% | 64.3% | 60.6% | 62.9% |
| █▆▄▄▄▃▁▁ | Cost of Funds (%) | 2.44% | 2.19% | 1.98% | 1.91% | 1.91% | 1.83% | 1.53% | 1.60% |
| ▁▄▄▅▄█▃▄ | NPA / Assets (%) | 0.19% | 0.92% | 0.88% | 1.06% | 0.88% | 1.87% | 0.72% | 0.97% |
| ▂▁▁▂▁█▁▂ | Net Charge-Off Ratio (%) | 0.18% | 0.01% | 0.01% | 0.28% | 0.09% | 1.31% | 0.00% | 0.31% |
| ▁▁▂▃▄▄▆█ | Tang. Book Value ($M) | $63 | $62 | $65 | $68 | $72 | $73 | $76 | $84 |
| ▁▁▃▂▃▃▆█ | Gross Loans ($M) | $643 | $636 | $672 | $654 | $675 | $685 | $737 | $773 |
| ▁▂▃▂▂▂█▆ | Total Deposits ($M) | $700 | $725 | $744 | $718 | $721 | $729 | $834 | $797 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 23% |
| Agricultural | 6% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 14% |