Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.17 | 0.90% |
| Return on Equity (%) | ▲ | 11.13% | +0.12 | 11.01% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.48 | 3.56% |
| Efficiency Ratio (%) | ▲ | 65.46% | -2.28 | 67.74% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.53 | $3 |
| Cost of Funds (%) | ▲ | 1.74% | -0.11 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $916 | +61.08 | $855 |
| Gross Loans ($M) | ▲ | $710 | +52.17 | $658 |
| Loan Growth YoY (%) | ▲ | 91.52% | +1.96 | 89.56% |
| Total Deposits ($M) | ▲ | $764 | +40.65 | $723 |
| Shareholders Equity ($M) | ▲ | $100 | +30.30 | $70 |
| Tang. Book Value ($M) | ▲ | $99 | +30.36 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $103 | +29.53 | $73 |
| Loan / Deposit Ratio (%) | ▲ | 91.52% | +1.96 | 89.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.11 | 0.21% |
| Allowance / Loans (%) | — | 1.47% | 0.00% | 1.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.14 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.49 | 10.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 3.01% | 3.11% | 3.53% | 3.56% | 3.67% | 3.73% | 4.14% | 4.04% |
| ▁▂▄▅▆▆██ | Return on Assets (%) | 0.64% | 0.73% | 0.84% | 0.90% | 0.95% | 0.95% | 1.07% | 1.07% |
| █▇▄▂▂▂▁▁ | Efficiency Ratio (%) | 75.0% | 72.7% | 69.4% | 67.7% | 66.7% | 67.3% | 65.6% | 65.5% |
| █▅▂▂▂▂▁▁ | Cost of Funds (%) | 2.43% | 2.12% | 1.90% | 1.85% | 1.87% | 1.88% | 1.75% | 1.74% |
| ▁▁▃▂▂█▁▁ | NPA / Assets (%) | 0.05% | 0.09% | 0.23% | 0.21% | 0.15% | 0.71% | 0.11% | 0.10% |
| ▁▁▃▂▂█▁▁ | Net Charge-Off Ratio (%) | 0.07% | 0.11% | 0.29% | 0.27% | 0.19% | 0.88% | 0.13% | 0.13% |
| ▁▁▁▂▂▃▃█ | Tang. Book Value ($M) | $64 | $63 | $66 | $68 | $71 | $73 | $75 | $99 |
| ▁▂▁▄▆▇▆█ | Gross Loans ($M) | $626 | $647 | $634 | $658 | $681 | $697 | $686 | $710 |
| ▅▁▁▄▃▁▁█ | Total Deposits ($M) | $733 | $698 | $705 | $723 | $721 | $696 | $696 | $764 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 13% |