Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.86% | +0.47 | 1.39% |
| Return on Equity (%) | ▲ | 18.30% | +2.44 | 15.86% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.54 | 3.55% |
| Efficiency Ratio (%) | ▲ | 53.57% | -6.63 | 60.21% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.58 | $3 |
| Cost of Funds (%) | ▲ | 2.33% | -0.42 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $652 | -11.53 | $664 |
| Gross Loans ($M) | ▲ | $565 | +12.74 | $552 |
| Loan Growth YoY (%) | ▲ | 106.69% | +1.76 | 104.94% |
| Total Deposits ($M) | ▲ | $524 | +2.85 | $522 |
| Shareholders Equity ($M) | ▲ | $70 | +10.35 | $59 |
| Tang. Book Value ($M) | ▲ | $70 | +10.35 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +11.41 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 106.69% | +1.76 | 104.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.68% | +0.55 | 0.13% |
| Allowance / Loans (%) | — | 0.95% | 0.08% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.63 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄██ | Net Interest Margin (%) | 3.26% | 3.33% | 3.45% | 3.55% | 3.56% | 3.64% | 4.01% | 4.09% |
| ▁▁▃▅▅▅██ | Return on Assets (%) | 0.83% | 0.91% | 1.19% | 1.39% | 1.42% | 1.41% | 1.77% | 1.86% |
| ██▅▃▃▃▁▁ | Efficiency Ratio (%) | 73.1% | 71.7% | 64.1% | 60.2% | 59.9% | 60.2% | 53.9% | 53.6% |
| █▆▅▆█▆▁▁ | Cost of Funds (%) | 2.90% | 2.74% | 2.66% | 2.74% | 2.86% | 2.73% | 2.29% | 2.33% |
| ▁▁▁▁▁▂██ | NPA / Assets (%) | 0.09% | 0.08% | 0.08% | 0.13% | 0.07% | 0.20% | 0.76% | 0.68% |
| ▁▁▁▁▁▂█▇ | Net Charge-Off Ratio (%) | 0.10% | 0.09% | 0.09% | 0.16% | 0.08% | 0.23% | 0.89% | 0.79% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $50 | $54 | $57 | $59 | $62 | $65 | $67 | $70 |
| ▁▃▆▆▇██▇ | Gross Loans ($M) | $519 | $535 | $553 | $552 | $563 | $571 | $568 | $565 |
| ▁▂▅▆██▆▆ | Total Deposits ($M) | $481 | $490 | $516 | $522 | $540 | $545 | $527 | $524 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 18% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 12% |