Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.38% | +0.19 | 1.19% |
| Return on Equity (%) | ▲ | 13.29% | +2.15 | 11.14% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.09 | 4.18% |
| Efficiency Ratio (%) | ▲ | 57.02% | -4.29 | 61.31% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.58 | $3 |
| Cost of Funds (%) | ▲ | 1.56% | -0.02 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $769 | +78.06 | $691 |
| Gross Loans ($M) | ▲ | $501 | +73.52 | $427 |
| Loan Growth YoY (%) | ▲ | 72.48% | +3.43 | 69.05% |
| Total Deposits ($M) | ▲ | $683 | +71.66 | $612 |
| Shareholders Equity ($M) | ▲ | $80 | +5.83 | $74 |
| Tang. Book Value ($M) | ▲ | $76 | +5.83 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +5.22 | $76 |
| Loan / Deposit Ratio (%) | ▲ | 72.48% | +3.43 | 69.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.02 | 0.02% |
| Allowance / Loans (%) | — | 1.11% | -0.05% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.03 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.63% | -1.16 | 15.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▆▆▇▇█ | Net Interest Margin (%) | 3.90% | 3.98% | 3.98% | 4.18% | 4.17% | 4.20% | 4.22% | 4.27% |
| ▄▆▁▄▅▇▇█ | Return on Assets (%) | 1.21% | 1.25% | 1.04% | 1.19% | 1.22% | 1.30% | 1.29% | 1.38% |
| ▄▃█▅▄▃▂▁ | Efficiency Ratio (%) | 60.1% | 59.4% | 65.0% | 61.3% | 60.7% | 59.5% | 58.8% | 57.0% |
| ▆█▄▂▃▂▁▁ | Cost of Funds (%) | 1.63% | 1.66% | 1.60% | 1.58% | 1.59% | 1.58% | 1.56% | 1.56% |
| ▁▁█▇▄▃▂▂ | NPA / Assets (%) | 0.00% | 0.00% | 0.03% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▁█▇▄▃▂▂ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.05% | 0.04% | 0.02% | 0.01% | 0.01% | 0.01% |
| ▁▁▁▃▄▇▆█ | Tang. Book Value ($M) | $68 | $68 | $67 | $70 | $71 | $74 | $73 | $76 |
| ▁▂▂▄▄▆██ | Gross Loans ($M) | $381 | $396 | $405 | $427 | $440 | $467 | $494 | $501 |
| ▁▁▂▂▃▆██ | Total Deposits ($M) | $587 | $594 | $612 | $612 | $623 | $658 | $688 | $683 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 17% |