Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.23 | 1.05% |
| Return on Equity (%) | ▼ | 15.57% | -2.26 | 17.83% |
| Net Interest Margin (%) | ▲ | 2.96% | +0.20 | 2.76% |
| Efficiency Ratio (%) | ▲ | 59.23% | -4.93 | 64.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.29 | $2 |
| Cost of Funds (%) | ▲ | 1.53% | -0.15 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $547 | -4.88 | $552 |
| Gross Loans ($M) | ▼ | $257 | -7.69 | $265 |
| Loan Growth YoY (%) | ▲ | 51.08% | +0.32 | 50.76% |
| Total Deposits ($M) | ▼ | $496 | -18.27 | $515 |
| Shareholders Equity ($M) | ▲ | $48 | +12.87 | $35 |
| Tang. Book Value ($M) | ▲ | $48 | +12.87 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +13.11 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 51.08% | +0.32 | 50.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.35 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | 0.03% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.74% | +0.74 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.64% | 2.67% | 2.67% | 2.76% | 2.79% | 2.80% | 2.90% | 2.96% |
| ▂▁▄▅▅▅██ | Return on Assets (%) | 0.89% | 0.80% | 1.02% | 1.05% | 1.08% | 1.10% | 1.25% | 1.28% |
| ▅▄██▇▅▁▁ | Efficiency Ratio (%) | 62.0% | 61.4% | 64.5% | 64.2% | 63.3% | 62.3% | 59.3% | 59.2% |
| █▇▅▅▆▂▁▁ | Cost of Funds (%) | 1.81% | 1.76% | 1.70% | 1.68% | 1.73% | 1.59% | 1.54% | 1.53% |
| ▃▁▁▁▁███ | NPA / Assets (%) | 0.09% | 0.01% | 0.01% | 0.00% | 0.00% | 0.34% | 0.34% | 0.35% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.05% | 0.01% | 0.01% | 0.00% | 0.00% | 0.71% | 0.72% | 0.74% |
| ▄▁▂▃▆▇▇█ | Tang. Book Value ($M) | $38 | $30 | $33 | $35 | $42 | $45 | $44 | $48 |
| █▁█▇▆█▇▄ | Gross Loans ($M) | $266 | $250 | $266 | $265 | $263 | $268 | $264 | $257 |
| ▅▇▇█▁▃█▃ | Total Deposits ($M) | $503 | $511 | $510 | $515 | $487 | $495 | $512 | $496 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 9% |
| Agricultural | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 22% |