Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.11 | 0.64% |
| Return on Equity (%) | ▼ | 10.42% | -1.32 | 11.74% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.15 | 3.80% |
| Efficiency Ratio (%) | ▲ | 74.95% | -2.08 | 77.02% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▼ | 1.95% | +0.03 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $430 | +61.30 | $369 |
| Gross Loans ($M) | ▲ | $326 | +39.97 | $286 |
| Loan Growth YoY (%) | ▲ | 88.58% | +6.52 | 82.07% |
| Total Deposits ($M) | ▲ | $365 | +19.38 | $346 |
| Shareholders Equity ($M) | ▲ | $33 | +12.83 | $20 |
| Tang. Book Value ($M) | ▲ | $33 | +12.83 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +14.22 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 88.58% | +6.52 | 82.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.06 | 0.18% |
| Allowance / Loans (%) | — | 0.93% | -0.03% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.07 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.64% | +0.89 | 10.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇███ | Net Interest Margin (%) | 3.15% | 3.16% | 3.70% | 3.80% | 3.82% | 3.86% | 3.91% | 3.96% |
| ▁▁▃▆▇▇██ | Return on Assets (%) | 0.37% | 0.39% | 0.49% | 0.64% | 0.68% | 0.71% | 0.77% | 0.75% |
| █▇▆▂▁▁▂▁ | Efficiency Ratio (%) | 86.4% | 84.2% | 82.9% | 77.0% | 74.9% | 74.2% | 76.6% | 74.9% |
| ▅█▁▁▁▂▁▁ | Cost of Funds (%) | 2.32% | 2.63% | 1.92% | 1.92% | 1.90% | 2.01% | 1.97% | 1.95% |
| ▅▁▆▆▄██▂ | NPA / Assets (%) | 0.16% | 0.09% | 0.17% | 0.18% | 0.15% | 0.21% | 0.21% | 0.12% |
| ▁▁▆▆▅██▃ | Net Charge-Off Ratio (%) | 0.10% | 0.12% | 0.23% | 0.23% | 0.20% | 0.29% | 0.28% | 0.15% |
| ▁▁▁▁▅▇▆█ | Tang. Book Value ($M) | $20 | $20 | $19 | $20 | $27 | $30 | $29 | $33 |
| ▁▂▃▄▅▅▇█ | Gross Loans ($M) | $257 | $271 | $277 | $286 | $298 | $300 | $311 | $326 |
| ▆▁▄▄▅▄█▇ | Total Deposits ($M) | $357 | $324 | $347 | $346 | $353 | $347 | $377 | $365 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 5% |