Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.18 | 1.09% |
| Return on Equity (%) | ▲ | 12.37% | +0.88 | 11.49% |
| Net Interest Margin (%) | ▲ | 3.12% | +0.25 | 2.87% |
| Efficiency Ratio (%) | ▲ | 50.10% | -5.14 | 55.24% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.79 | $3 |
| Cost of Funds (%) | ▲ | 1.81% | -0.09 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $974 | +59.33 | $915 |
| Gross Loans ($M) | ▲ | $600 | +23.48 | $576 |
| Loan Growth YoY (%) | ▼ | 68.28% | -1.01 | 69.29% |
| Total Deposits ($M) | ▲ | $870 | +46.35 | $824 |
| Shareholders Equity ($M) | ▲ | $101 | +12.64 | $88 |
| Tang. Book Value ($M) | ▲ | $100 | +12.64 | $88 |
| TBV excl. AOCI ($M)** | ▲ | $115 | +15.68 | $100 |
| Loan / Deposit Ratio (%) | ▼ | 68.28% | -1.01 | 69.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.22 | 0.00% |
| Allowance / Loans (%) | — | 0.89% | -0.01% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.36 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.49% | 2.54% | 2.78% | 2.87% | 2.92% | 2.98% | 3.08% | 3.12% |
| ▁▁▄▅▆▇██ | Return on Assets (%) | 0.82% | 0.87% | 1.02% | 1.09% | 1.14% | 1.17% | 1.21% | 1.26% |
| ██▆▅▃▂▁▁ | Efficiency Ratio (%) | 60.1% | 59.2% | 56.9% | 55.2% | 53.3% | 52.2% | 50.9% | 50.1% |
| █▅▂▂▁▂▁▁ | Cost of Funds (%) | 2.42% | 2.13% | 1.92% | 1.90% | 1.86% | 1.90% | 1.82% | 1.81% |
| ▁▁▁▁▁▁▂█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.04% | 0.22% |
| ▁▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.06% | 0.36% |
| ▃▁▂▄▆▇▇█ | Tang. Book Value ($M) | $86 | $80 | $85 | $88 | $95 | $96 | $97 | $100 |
| ▃▁▂▃▅▅██ | Gross Loans ($M) | $576 | $566 | $571 | $576 | $586 | $586 | $602 | $600 |
| ▁▁▁▃▆▅██ | Total Deposits ($M) | $797 | $800 | $800 | $824 | $848 | $844 | $874 | $870 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |