Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.14 | 0.77% |
| Return on Equity (%) | ▲ | 8.72% | +0.74 | 7.98% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.35 | 3.44% |
| Efficiency Ratio (%) | ▼ | 67.41% | +0.62 | 66.79% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.21 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $557 | +0.83 | $556 |
| Gross Loans ($M) | ▲ | $410 | +6.36 | $404 |
| Loan Growth YoY (%) | ▲ | 91.07% | +2.09 | 88.98% |
| Total Deposits ($M) | ▼ | $445 | -3.09 | $448 |
| Shareholders Equity ($M) | ▲ | $59 | +3.61 | $55 |
| Tang. Book Value ($M) | ▲ | $56 | +3.77 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +3.00 | $58 |
| Loan / Deposit Ratio (%) | ▲ | 91.07% | +2.09 | 88.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.03 | 0.17% |
| Allowance / Loans (%) | — | 1.13% | -0.06% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.04 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.96% | 3.05% | 3.36% | 3.44% | 3.50% | 3.61% | 3.74% | 3.80% |
| ▁▂▅▅▆▇█▇ | Return on Assets (%) | 0.51% | 0.61% | 0.76% | 0.77% | 0.81% | 0.88% | 0.97% | 0.91% |
| █▆▁▃▃▃▂▃ | Efficiency Ratio (%) | 77.4% | 72.3% | 62.7% | 66.8% | 67.5% | 66.8% | 66.4% | 67.4% |
| █▅▇▆▄▁▁▂ | Cost of Funds (%) | 2.10% | 1.91% | 2.03% | 1.96% | 1.87% | 1.73% | 1.68% | 1.75% |
| ▁█▅▃▂▁▂▁ | NPA / Assets (%) | 0.14% | 0.24% | 0.20% | 0.17% | 0.16% | 0.14% | 0.16% | 0.14% |
| ▁█▅▃▂▁▂▁ | Net Charge-Off Ratio (%) | 0.21% | 0.35% | 0.28% | 0.24% | 0.21% | 0.20% | 0.22% | 0.19% |
| ▁▁▃▅▆▇██ | Tang. Book Value ($M) | $49 | $50 | $51 | $53 | $54 | $55 | $56 | $56 |
| ▁▅▄▆█▆█▇ | Gross Loans ($M) | $381 | $400 | $394 | $404 | $411 | $406 | $414 | $410 |
| ▁▄▄▇██▇▆ | Total Deposits ($M) | $422 | $435 | $437 | $448 | $450 | $453 | $447 | $445 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 13% |
| Agricultural | 7% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 21% |