Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.59% | +0.52 | 1.07% |
| Return on Equity (%) | ▲ | 13.07% | +2.89 | 10.18% |
| Net Interest Margin (%) | ▲ | 3.02% | +0.16 | 2.86% |
| Efficiency Ratio (%) | ▲ | 51.99% | -5.17 | 57.16% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.69 | $2 |
| Cost of Funds (%) | ▲ | 1.14% | -0.08 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $652 | +63.05 | $589 |
| Gross Loans ($M) | ▲ | $164 | +1.01 | $163 |
| Loan Growth YoY (%) | ▼ | 28.30% | -2.48 | 30.78% |
| Total Deposits ($M) | ▲ | $570 | +49.04 | $521 |
| Shareholders Equity ($M) | ▲ | $79 | +13.60 | $66 |
| Tang. Book Value ($M) | ▲ | $79 | +13.60 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $101 | +15.86 | $85 |
| Loan / Deposit Ratio (%) | ▼ | 28.30% | -2.48 | 30.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.07 | 0.25% |
| Allowance / Loans (%) | — | 1.63% | 0.04% | 1.59% |
| Net Charge-Off Ratio (%) | ▲ | 0.72% | -0.20 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.61% | 2.63% | 2.79% | 2.86% | 2.87% | 2.93% | 2.97% | 3.02% |
| ▁▁▄▁▄▅██ | Return on Assets (%) | 1.01% | 1.07% | 1.27% | 1.07% | 1.24% | 1.35% | 1.54% | 1.59% |
| █▇▄▆▄▂▁▁ | Efficiency Ratio (%) | 60.0% | 58.6% | 55.7% | 57.2% | 55.3% | 53.6% | 52.7% | 52.0% |
| ██▅▅▃▂▁▁ | Cost of Funds (%) | 1.31% | 1.29% | 1.24% | 1.23% | 1.20% | 1.18% | 1.16% | 1.14% |
| ▁███▆▆▇▅ | NPA / Assets (%) | 0.06% | 0.26% | 0.26% | 0.25% | 0.20% | 0.21% | 0.22% | 0.18% |
| ▁███▇▇█▆ | Net Charge-Off Ratio (%) | 0.05% | 0.97% | 0.96% | 0.92% | 0.75% | 0.83% | 0.88% | 0.72% |
| ▁▁▂▃▆▇▇█ | Tang. Book Value ($M) | $61 | $59 | $62 | $66 | $72 | $76 | $76 | $79 |
| ▁▇▇██▄▅█ | Gross Loans ($M) | $146 | $160 | $160 | $163 | $162 | $155 | $156 | $164 |
| ▁▃▃▁▃▅▅█ | Total Deposits ($M) | $516 | $532 | $534 | $521 | $536 | $548 | $548 | $570 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 21% |
| Agricultural | 7% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |