Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.92% | +0.15 | 1.78% |
| Return on Equity (%) | ▲ | 17.60% | +0.14 | 17.46% |
| Net Interest Margin (%) | ▲ | 4.40% | +0.31 | 4.09% |
| Efficiency Ratio (%) | ▲ | 53.09% | -3.61 | 56.70% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.13 | $2 |
| Cost of Funds (%) | ▲ | 1.83% | -0.44 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $639 | +178.40 | $461 |
| Gross Loans ($M) | ▲ | $520 | +124.40 | $396 |
| Loan Growth YoY (%) | ▼ | 93.62% | -4.77 | 98.38% |
| Total Deposits ($M) | ▲ | $549 | +151.66 | $398 |
| Shareholders Equity ($M) | ▲ | $71 | +23.17 | $48 |
| Tang. Book Value ($M) | ▲ | $67 | +19.43 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +20.33 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 93.62% | -4.77 | 98.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.16 | 0.05% |
| Allowance / Loans (%) | — | 1.17% | -0.02% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.20 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.35% | +0.88 | 12.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▂▄▇█ | Net Interest Margin (%) | 3.72% | 3.76% | 3.87% | 4.09% | 3.88% | 4.00% | 4.28% | 4.40% |
| ▃▃▆▆▁▂██ | Return on Assets (%) | 1.51% | 1.54% | 1.74% | 1.78% | 1.36% | 1.48% | 1.87% | 1.92% |
| ██▄▅▆▆▁▁ | Efficiency Ratio (%) | 59.7% | 59.5% | 56.0% | 56.7% | 57.4% | 57.3% | 53.1% | 53.1% |
| █▇▅▅▄▁▁▁ | Cost of Funds (%) | 2.68% | 2.48% | 2.31% | 2.27% | 2.21% | 1.92% | 1.83% | 1.83% |
| ▁▂▁▁▂▁██ | NPA / Assets (%) | 0.05% | 0.07% | 0.06% | 0.05% | 0.08% | 0.06% | 0.22% | 0.21% |
| ▁▂▁▁▂▁██ | Net Charge-Off Ratio (%) | 0.05% | 0.08% | 0.07% | 0.06% | 0.10% | 0.08% | 0.29% | 0.26% |
| ▁▁▁▁▇███ | Tang. Book Value ($M) | $46 | $46 | $47 | $48 | $64 | $65 | $66 | $67 |
| ▁▁▁▂▆▇██ | Gross Loans ($M) | $378 | $389 | $391 | $396 | $484 | $489 | $505 | $520 |
| ▁▁▂▁▇███ | Total Deposits ($M) | $386 | $406 | $410 | $398 | $532 | $547 | $557 | $549 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 9% |
| Agricultural | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |