Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.15 | 0.81% |
| Return on Equity (%) | ▲ | 10.32% | +1.70 | 8.62% |
| Net Interest Margin (%) | ▲ | 1.81% | +0.09 | 1.72% |
| Efficiency Ratio (%) | ▲ | 47.65% | -4.45 | 52.09% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.06 | $5 |
| Cost of Funds (%) | ▼ | 2.77% | +0.18 | 2.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,341 | +226.24 | $2,115 |
| Gross Loans ($M) | ▲ | $1,861 | +146.05 | $1,715 |
| Loan Growth YoY (%) | ▼ | 93.77% | -2.03 | 95.80% |
| Total Deposits ($M) | ▲ | $1,966 | +193.99 | $1,772 |
| Shareholders Equity ($M) | ▲ | $214 | +13.48 | $200 |
| Tang. Book Value ($M) | ▲ | $207 | +13.77 | $193 |
| TBV excl. AOCI ($M)** | ▲ | $224 | +14.38 | $209 |
| Loan / Deposit Ratio (%) | ▼ | 93.77% | -2.03 | 95.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.07 | 0.02% |
| Allowance / Loans (%) | — | 0.98% | -0.08% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.09 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▂▁▁██ | Net Interest Margin (%) | 1.79% | 1.77% | 1.70% | 1.72% | 1.69% | 1.70% | 1.82% | 1.81% |
| ▇▇▂▂▁▁██ | Return on Assets (%) | 0.94% | 0.93% | 0.81% | 0.81% | 0.81% | 0.78% | 0.98% | 0.96% |
| ▁▂████▁▁ | Efficiency Ratio (%) | 47.8% | 48.8% | 52.3% | 52.1% | 52.1% | 51.8% | 47.7% | 47.6% |
| ▁▂▂▄██▇█ | Cost of Funds (%) | 2.46% | 2.50% | 2.51% | 2.59% | 2.77% | 2.81% | 2.76% | 2.77% |
| ▁▁▁▂▃▃▂█ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.02% | 0.03% | 0.03% | 0.01% | 0.09% |
| ▁▁▁▂▃▃▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.03% | 0.03% | 0.03% | 0.02% | 0.11% |
| ▂▁▂▂▇▆▆█ | Tang. Book Value ($M) | $191 | $188 | $191 | $193 | $202 | $201 | $201 | $207 |
| ▁▁▁▃▄▆▆█ | Gross Loans ($M) | $1,645 | $1,651 | $1,666 | $1,715 | $1,750 | $1,794 | $1,801 | $1,861 |
| ▁▂▃▁▃▄▆█ | Total Deposits ($M) | $1,747 | $1,785 | $1,815 | $1,772 | $1,819 | $1,850 | $1,895 | $1,966 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 1% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 37% |