Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.06 | 1.47% |
| Return on Equity (%) | ▼ | 16.36% | -1.11 | 17.47% |
| Net Interest Margin (%) | ▲ | 3.89% | +0.29 | 3.60% |
| Efficiency Ratio (%) | ▼ | 62.85% | +3.69 | 59.15% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.20 | $3 |
| Cost of Funds (%) | ▲ | 2.11% | -0.24 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $691 | +7.22 | $684 |
| Gross Loans ($M) | ▲ | $485 | +29.29 | $456 |
| Loan Growth YoY (%) | ▲ | 82.76% | +5.39 | 77.37% |
| Total Deposits ($M) | ▼ | $578 | -2.07 | $580 |
| Shareholders Equity ($M) | ▲ | $66 | +7.37 | $59 |
| Tang. Book Value ($M) | ▲ | $66 | +7.37 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $74 | +7.12 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 82.76% | +5.39 | 77.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.70% | -0.19 | 0.90% |
| Allowance / Loans (%) | — | 1.51% | -0.15% | 1.66% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.05 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.36% | 3.37% | 3.49% | 3.60% | 3.66% | 3.72% | 3.79% | 3.89% |
| ▃▁▃▅▆▇█▇ | Return on Assets (%) | 1.43% | 1.35% | 1.41% | 1.47% | 1.51% | 1.52% | 1.57% | 1.54% |
| ▃▇▂▁▂▃▅█ | Efficiency Ratio (%) | 60.3% | 62.2% | 59.8% | 59.2% | 59.7% | 60.3% | 61.3% | 62.8% |
| ██▆▅▄▂▁▁ | Cost of Funds (%) | 2.53% | 2.56% | 2.43% | 2.35% | 2.30% | 2.18% | 2.14% | 2.11% |
| ▇▄█▃▂▂▁▁ | NPA / Assets (%) | 1.18% | 0.93% | 1.30% | 0.90% | 0.80% | 0.80% | 0.76% | 0.70% |
| ▆▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.48% | 0.10% | 0.67% | 0.11% | 0.05% | 0.04% | 0.06% | 0.06% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $56 | $53 | $58 | $59 | $62 | $63 | $65 | $66 |
| ▂▁▂▁▃▆██ | Gross Loans ($M) | $460 | $456 | $462 | $456 | $464 | $475 | $483 | $485 |
| ▁▂▆██▅██ | Total Deposits ($M) | $549 | $553 | $569 | $580 | $577 | $566 | $576 | $578 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 8% |
| Agricultural | 7% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 20% |