Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.99% | +0.08 | 2.91% |
| Return on Equity (%) | ▲ | 23.13% | +1.78 | 21.35% |
| Net Interest Margin (%) | ▼ | 4.26% | -0.01 | 4.27% |
| Efficiency Ratio (%) | ▲ | 31.22% | -1.55 | 32.76% |
| Pre-Provision Profit ($M) | ▲ | $10 | +0.61 | $9 |
| Cost of Funds (%) | ▲ | 1.59% | -0.04 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,339 | +64.20 | $1,275 |
| Gross Loans ($M) | ▲ | $751 | +45.15 | $706 |
| Loan Growth YoY (%) | ▲ | 66.59% | +0.26 | 66.33% |
| Total Deposits ($M) | ▲ | $1,122 | +62.06 | $1,060 |
| Shareholders Equity ($M) | ▼ | $170 | -0.84 | $171 |
| Tang. Book Value ($M) | ▼ | $163 | -0.84 | $164 |
| TBV excl. AOCI ($M)** | ▲ | $188 | +2.55 | $185 |
| Loan / Deposit Ratio (%) | ▲ | 66.59% | +0.26 | 66.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.56% | 0.11% | 0.45% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇███▇█ | Net Interest Margin (%) | 3.39% | 3.57% | 4.14% | 4.27% | 4.33% | 4.33% | 4.19% | 4.26% |
| ▁▂▇██▇██ | Return on Assets (%) | 2.16% | 2.27% | 2.86% | 2.91% | 2.97% | 2.85% | 2.99% | 2.99% |
| ██▃▃▂▇▁▁ | Efficiency Ratio (%) | 37.5% | 37.6% | 32.5% | 32.8% | 32.0% | 36.0% | 30.3% | 31.2% |
| █▄▂▁▁▁▁▁ | Cost of Funds (%) | 2.10% | 1.82% | 1.63% | 1.63% | 1.63% | 1.58% | 1.57% | 1.59% |
| ▃▃▆▁▃█▆▁ | NPA / Assets (%) | 0.08% | 0.08% | 0.16% | 0.00% | 0.08% | 0.24% | 0.18% | 0.01% |
| ▃▃▆▁▃█▆▁ | Net Charge-Off Ratio (%) | 0.16% | 0.14% | 0.29% | 0.00% | 0.14% | 0.45% | 0.32% | 0.01% |
| ▃▇▁▂▅█▁▁ | Tang. Book Value ($M) | $166 | $175 | $161 | $164 | $170 | $179 | $161 | $163 |
| ▁▃▁▃▅▇▇█ | Gross Loans ($M) | $684 | $707 | $689 | $706 | $723 | $738 | $739 | $751 |
| ▁▃▄▄▆███ | Total Deposits ($M) | $1,007 | $1,039 | $1,055 | $1,060 | $1,087 | $1,129 | $1,129 | $1,122 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 9% |
| Agricultural | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 7% |