Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.01 | 1.21% |
| Return on Equity (%) | ▼ | 12.48% | -0.78 | 13.26% |
| Net Interest Margin (%) | ▲ | 4.36% | +0.28 | 4.07% |
| Efficiency Ratio (%) | ▼ | 59.49% | +1.99 | 57.51% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.31 | $4 |
| Cost of Funds (%) | ▲ | 1.79% | -0.29 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $865 | +47.24 | $818 |
| Gross Loans ($M) | ▲ | $682 | +75.92 | $606 |
| Loan Growth YoY (%) | ▲ | 93.22% | +7.89 | 85.33% |
| Total Deposits ($M) | ▲ | $722 | +21.11 | $701 |
| Shareholders Equity ($M) | ▲ | $86 | +10.70 | $75 |
| Tang. Book Value ($M) | ▲ | $86 | +10.94 | $75 |
| TBV excl. AOCI ($M)** | ▲ | $91 | +11.50 | $79 |
| Loan / Deposit Ratio (%) | ▲ | 93.22% | +7.89 | 85.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.04 | 0.01% |
| Allowance / Loans (%) | — | 1.27% | -0.00% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.06% | +0.06 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.30% | -0.14 | 11.44% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▄▄▅██ | Net Interest Margin (%) | 3.87% | 3.94% | 4.07% | 4.07% | 4.09% | 4.13% | 4.35% | 4.36% |
| ▁▄█▅▇█▅▆ | Return on Assets (%) | 1.14% | 1.19% | 1.26% | 1.21% | 1.23% | 1.25% | 1.20% | 1.22% |
| ▁▁▂▄▃▃▇█ | Efficiency Ratio (%) | 56.2% | 56.3% | 56.8% | 57.5% | 57.2% | 57.3% | 59.0% | 59.5% |
| █▇▅▅▅▄▁▁ | Cost of Funds (%) | 2.36% | 2.22% | 2.09% | 2.07% | 2.11% | 2.06% | 1.79% | 1.79% |
| ▅▆█▁▁▁▂▂ | NPA / Assets (%) | 0.12% | 0.12% | 0.18% | 0.01% | 0.02% | 0.01% | 0.04% | 0.04% |
| ▁▁█▁▁▁▃▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.17% | 0.00% | 0.02% | 0.02% | 0.05% | 0.06% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $68 | $69 | $71 | $75 | $77 | $81 | $82 | $86 |
| ▁▂▃▂▃▅██ | Gross Loans ($M) | $580 | $602 | $613 | $606 | $617 | $641 | $677 | $682 |
| ▁▁▅▆▇▇██ | Total Deposits ($M) | $623 | $617 | $681 | $701 | $712 | $704 | $731 | $722 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |