Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.20 | 1.43% |
| Return on Equity (%) | ▲ | 10.76% | +0.66 | 10.10% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.48 | 3.73% |
| Efficiency Ratio (%) | ▲ | 45.61% | -9.47 | 55.08% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.47 | $3 |
| Cost of Funds (%) | ▲ | 0.99% | -0.04 | 1.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $678 | +52.13 | $626 |
| Gross Loans ($M) | ▲ | $435 | +44.79 | $390 |
| Loan Growth YoY (%) | ▲ | 75.94% | +1.52 | 74.42% |
| Total Deposits ($M) | ▲ | $563 | +47.46 | $516 |
| Shareholders Equity ($M) | ▲ | $104 | +12.70 | $92 |
| Tang. Book Value ($M) | ▲ | $104 | +12.70 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +10.20 | $102 |
| Loan / Deposit Ratio (%) | ▲ | 75.94% | +1.52 | 74.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.38% | +0.19 | 0.19% |
| Allowance / Loans (%) | — | 1.69% | 0.03% | 1.66% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.29 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.97% | +0.48 | 21.48% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆▆▆▇██ | Net Interest Margin (%) | 2.79% | 3.24% | 3.69% | 3.73% | 3.83% | 3.89% | 4.04% | 4.21% |
| ▁▄▇▇▇███ | Return on Assets (%) | 0.35% | 0.86% | 1.36% | 1.43% | 1.46% | 1.49% | 1.64% | 1.63% |
| █▆▄▄▃▃▁▁ | Efficiency Ratio (%) | 70.3% | 62.1% | 55.9% | 55.1% | 53.5% | 52.9% | 47.1% | 45.6% |
| █▄▁▁▂▁▁▁ | Cost of Funds (%) | 1.49% | 1.18% | 1.00% | 1.03% | 1.09% | 0.99% | 0.99% | 0.99% |
| █▁▁▁▃▃▂▂ | NPA / Assets (%) | 1.61% | 0.22% | 0.06% | 0.19% | 0.59% | 0.48% | 0.42% | 0.38% |
| █▁▁▁▃▃▂▂ | Net Charge-Off Ratio (%) | 2.86% | 0.37% | 0.09% | 0.30% | 0.91% | 0.79% | 0.70% | 0.59% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $82 | $85 | $89 | $92 | $95 | $99 | $102 | $104 |
| ▁▁▁▄▅▅▅█ | Gross Loans ($M) | $365 | $363 | $365 | $390 | $407 | $402 | $401 | $435 |
| ▁▄▄▂▃█▇█ | Total Deposits ($M) | $502 | $527 | $525 | $516 | $519 | $559 | $552 | $563 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 21% |
| Agricultural | 25% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 9% |