Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.62% | -0.03 | 1.65% |
| Return on Equity (%) | ▼ | 14.77% | -2.66 | 17.43% |
| Net Interest Margin (%) | ▼ | 3.69% | -0.07 | 3.75% |
| Efficiency Ratio (%) | ▼ | 44.72% | +0.37 | 44.34% |
| Pre-Provision Profit ($M) | ▼ | $6 | -0.12 | $6 |
| Cost of Funds (%) | ▼ | 1.48% | +0.10 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,012 | +14.01 | $998 |
| Gross Loans ($M) | ▲ | $600 | +36.79 | $563 |
| Loan Growth YoY (%) | ▲ | 66.44% | +4.19 | 62.25% |
| Total Deposits ($M) | ▼ | $894 | -0.22 | $894 |
| Shareholders Equity ($M) | ▲ | $114 | +14.46 | $99 |
| Tang. Book Value ($M) | ▲ | $114 | +14.46 | $99 |
| TBV excl. AOCI ($M)** | ▲ | $127 | +16.13 | $110 |
| Loan / Deposit Ratio (%) | ▲ | 66.44% | +4.19 | 62.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.13 | 0.24% |
| Allowance / Loans (%) | — | 0.99% | -0.15% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.25 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▂▆██▁▃ | Net Interest Margin (%) | 3.72% | 3.73% | 3.65% | 3.75% | 3.82% | 3.84% | 3.60% | 3.69% |
| ▄▃▁▅▇█▂▄ | Return on Assets (%) | 1.63% | 1.60% | 1.55% | 1.65% | 1.69% | 1.71% | 1.57% | 1.62% |
| ▁▁█▄▃▂▇▅ | Efficiency Ratio (%) | 43.1% | 43.3% | 45.9% | 44.3% | 43.9% | 43.8% | 45.5% | 44.7% |
| ▆▇▄▂▁▂█▇ | Cost of Funds (%) | 1.44% | 1.47% | 1.42% | 1.38% | 1.35% | 1.38% | 1.50% | 1.48% |
| ▁▄▁█▃▃▃▃ | NPA / Assets (%) | 0.05% | 0.13% | 0.04% | 0.24% | 0.10% | 0.09% | 0.09% | 0.11% |
| ▂▅▁█▂▂▂▃ | Net Charge-Off Ratio (%) | 0.08% | 0.23% | 0.02% | 0.38% | 0.10% | 0.10% | 0.10% | 0.13% |
| ▂▁▃▄▇▇▇█ | Tang. Book Value ($M) | $94 | $88 | $95 | $99 | $108 | $109 | $110 | $114 |
| ▃▂▁▁▄▆▇█ | Gross Loans ($M) | $575 | $570 | $567 | $563 | $581 | $587 | $591 | $600 |
| ▁▃█▆▁▆▇▆ | Total Deposits ($M) | $885 | $889 | $898 | $894 | $884 | $893 | $895 | $894 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 18% |