Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.06 | 0.71% |
| Return on Equity (%) | ▼ | 8.01% | -0.22 | 8.23% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.34 | 3.20% |
| Efficiency Ratio (%) | ▲ | 75.27% | -2.57 | 77.84% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.25 | $2 |
| Cost of Funds (%) | ▲ | 0.83% | -0.12 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $762 | -26.52 | $788 |
| Gross Loans ($M) | ▼ | $459 | -3.05 | $462 |
| Loan Growth YoY (%) | ▲ | 67.13% | +1.51 | 65.63% |
| Total Deposits ($M) | ▼ | $673 | -20.02 | $693 |
| Shareholders Equity ($M) | ▲ | $75 | +5.01 | $70 |
| Tang. Book Value ($M) | ▲ | $75 | +5.02 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +3.66 | $84 |
| Loan / Deposit Ratio (%) | ▲ | 67.13% | +1.51 | 65.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.11 | 0.00% |
| Allowance / Loans (%) | — | 1.50% | 0.00% | 1.49% |
| Net Charge-Off Ratio (%) | ▼ | 0.18% | +0.18 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.60% | +0.62 | 15.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 2.89% | 2.93% | 3.11% | 3.20% | 3.23% | 3.24% | 3.40% | 3.55% |
| ▁▁▆▇█▇▇█ | Return on Assets (%) | 0.37% | 0.41% | 0.65% | 0.71% | 0.73% | 0.70% | 0.70% | 0.77% |
| ██▅▃▃▄▁▁ | Efficiency Ratio (%) | 82.6% | 82.5% | 79.4% | 77.8% | 77.4% | 78.4% | 75.8% | 75.3% |
| ██▄▄▄▄▂▁ | Cost of Funds (%) | 1.09% | 1.07% | 0.95% | 0.95% | 0.94% | 0.94% | 0.87% | 0.83% |
| ▁▁▁▁▁▁█▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.25% | 0.11% |
| ▁▁▁▁▁▁█▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.40% | 0.18% |
| ▁▁▃▅▆▇██ | Tang. Book Value ($M) | $65 | $66 | $68 | $70 | $72 | $74 | $76 | $75 |
| ▁▂▁▄▅█▇▃ | Gross Loans ($M) | $448 | $453 | $451 | $462 | $469 | $482 | $477 | $459 |
| █▆█▅▅▁▄▁ | Total Deposits ($M) | $708 | $698 | $704 | $693 | $690 | $671 | $685 | $673 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 8% |