Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.26 | 0.62% |
| Return on Equity (%) | ▲ | 10.23% | +2.51 | 7.72% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.17 | 3.75% |
| Efficiency Ratio (%) | ▲ | 62.77% | -7.21 | 69.99% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.11 | $2 |
| Cost of Funds (%) | ▲ | 2.38% | -0.15 | 2.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $830 | +187.72 | $642 |
| Gross Loans ($M) | ▲ | $701 | +168.43 | $532 |
| Loan Growth YoY (%) | ▲ | 98.82% | +3.95 | 94.87% |
| Total Deposits ($M) | ▲ | $702 | +146.79 | $555 |
| Shareholders Equity ($M) | ▲ | $71 | +18.66 | $52 |
| Tang. Book Value ($M) | ▲ | $71 | +18.66 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +19.39 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 98.82% | +3.95 | 94.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.38 | 0.04% |
| Allowance / Loans (%) | — | 0.98% | -0.04% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.49% | +0.45 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.60% | +0.45 | 9.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇██ | Net Interest Margin (%) | 3.53% | 3.54% | 3.62% | 3.75% | 3.82% | 3.84% | 3.90% | 3.92% |
| ▃▄▁▂▄▅▇█ | Return on Assets (%) | 0.63% | 0.67% | 0.54% | 0.62% | 0.69% | 0.74% | 0.82% | 0.87% |
| ▇▆█▆▅▄▂▁ | Efficiency Ratio (%) | 71.0% | 70.1% | 73.0% | 70.0% | 68.5% | 67.2% | 64.5% | 62.8% |
| █▇▃▂▃▂▁▁ | Cost of Funds (%) | 3.07% | 2.91% | 2.54% | 2.54% | 2.60% | 2.47% | 2.36% | 2.38% |
| ▁▁▁▁▄▄▃█ | NPA / Assets (%) | 0.07% | 0.08% | 0.08% | 0.04% | 0.21% | 0.19% | 0.17% | 0.41% |
| ▁▂▁▁▃▃▃█ | Net Charge-Off Ratio (%) | 0.09% | 0.10% | 0.09% | 0.04% | 0.17% | 0.17% | 0.16% | 0.49% |
| ▁▁▂▃▄▆██ | Tang. Book Value ($M) | $42 | $43 | $48 | $52 | $56 | $62 | $67 | $71 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $422 | $447 | $486 | $532 | $567 | $618 | $663 | $701 |
| ▁▁▃▃▄▄▆█ | Total Deposits ($M) | $479 | $494 | $544 | $555 | $581 | $590 | $644 | $702 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 19% |