Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.19 | 1.26% |
| Return on Equity (%) | ▲ | 17.96% | +0.91 | 17.05% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.19 | 3.66% |
| Efficiency Ratio (%) | ▲ | 63.10% | -0.89 | 64.00% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.30 | $3 |
| Cost of Funds (%) | ▲ | 1.36% | -0.10 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $878 | +75.61 | $802 |
| Gross Loans ($M) | ▼ | $468 | -5.68 | $474 |
| Loan Growth YoY (%) | ▼ | 59.84% | -5.32 | 65.16% |
| Total Deposits ($M) | ▲ | $768 | +53.63 | $714 |
| Shareholders Equity ($M) | ▲ | $69 | +6.96 | $62 |
| Tang. Book Value ($M) | ▲ | $65 | +6.96 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +11.08 | $72 |
| Loan / Deposit Ratio (%) | ▼ | 59.84% | -5.32 | 65.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.28 | 0.31% |
| Allowance / Loans (%) | — | 1.88% | 0.07% | 1.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.48 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▇▇█ | Net Interest Margin (%) | 3.29% | 3.34% | 3.56% | 3.66% | 3.72% | 3.71% | 3.77% | 3.84% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 1.02% | 1.07% | 1.26% | 1.26% | 1.32% | 1.31% | 1.51% | 1.45% |
| █▇▂▃▂▃▁▂ | Efficiency Ratio (%) | 69.4% | 68.2% | 62.8% | 64.0% | 63.0% | 63.9% | 61.0% | 63.1% |
| ██▆▃▄▁▁▁ | Cost of Funds (%) | 1.71% | 1.69% | 1.57% | 1.46% | 1.48% | 1.37% | 1.32% | 1.36% |
| ▁▁▄█▃▃▁▁ | NPA / Assets (%) | 0.05% | 0.04% | 0.16% | 0.31% | 0.11% | 0.12% | 0.04% | 0.03% |
| ▁▁▄█▃▃▁▁ | Net Charge-Off Ratio (%) | 0.09% | 0.07% | 0.27% | 0.53% | 0.19% | 0.21% | 0.08% | 0.06% |
| ▄▁▃▄▇███ | Tang. Book Value ($M) | $59 | $52 | $56 | $58 | $63 | $65 | $66 | $65 |
| ▁█▄▅▂▃▄▃ | Gross Loans ($M) | $457 | $489 | $471 | $474 | $463 | $467 | $471 | $468 |
| ▂▁▄▃▂▆██ | Total Deposits ($M) | $696 | $683 | $715 | $714 | $703 | $741 | $764 | $768 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 6% |
| Agricultural | 17% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |