Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.08% | -0.00 | 2.09% |
| Return on Equity (%) | ▼ | 19.69% | -2.63 | 22.32% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.28 | 4.11% |
| Efficiency Ratio (%) | ▲ | 46.73% | -1.17 | 47.91% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.49 | $3 |
| Cost of Funds (%) | ▲ | 1.35% | -0.13 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $634 | +30.89 | $603 |
| Gross Loans ($M) | ▲ | $419 | +53.74 | $365 |
| Loan Growth YoY (%) | ▲ | 77.34% | +7.81 | 69.53% |
| Total Deposits ($M) | ▲ | $532 | +17.12 | $515 |
| Shareholders Equity ($M) | ▲ | $69 | +11.63 | $57 |
| Tang. Book Value ($M) | ▲ | $68 | +11.63 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +10.58 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 77.34% | +7.81 | 69.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.66% | -0.18% | 1.83% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▃▄▄▇█ | Net Interest Margin (%) | 4.07% | 4.09% | 4.01% | 4.11% | 4.17% | 4.20% | 4.30% | 4.38% |
| ▁▂▂▅▁▂█▅ | Return on Assets (%) | 1.96% | 2.01% | 1.98% | 2.09% | 1.95% | 2.00% | 2.17% | 2.08% |
| █▇▆▄▃▃▄▁ | Efficiency Ratio (%) | 49.6% | 48.9% | 48.6% | 47.9% | 47.7% | 47.7% | 47.9% | 46.7% |
| ▅█▆▇▅▁▁▂ | Cost of Funds (%) | 1.43% | 1.51% | 1.44% | 1.48% | 1.43% | 1.32% | 1.32% | 1.35% |
| ▃▄█▆███▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.02% | 0.01% | 0.02% | 0.02% | 0.02% | 0.00% |
| ▃▄█▆███▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.03% | 0.02% | 0.03% | 0.03% | 0.03% | 0.00% |
| ▂▁▁▁▅▇▆█ | Tang. Book Value ($M) | $58 | $56 | $55 | $56 | $62 | $66 | $64 | $68 |
| ▂▁▃▂▃▃▅█ | Gross Loans ($M) | $365 | $352 | $369 | $365 | $375 | $373 | $393 | $419 |
| ▁▄▆▃▃█▇▇ | Total Deposits ($M) | $504 | $518 | $528 | $515 | $516 | $540 | $531 | $532 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 12% |
| Agricultural | 12% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 13% |