Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.15 | 0.84% |
| Return on Equity (%) | ▲ | 10.48% | +1.08 | 9.40% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.53 | 3.87% |
| Efficiency Ratio (%) | ▲ | 72.31% | -2.91 | 75.22% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.34% | -0.13 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $416 | +17.69 | $398 |
| Gross Loans ($M) | ▲ | $308 | +41.16 | $267 |
| Loan Growth YoY (%) | ▲ | 84.86% | +10.60 | 74.26% |
| Total Deposits ($M) | ▲ | $360 | +3.97 | $356 |
| Shareholders Equity ($M) | ▲ | $39 | +3.57 | $36 |
| Tang. Book Value ($M) | ▲ | $39 | +3.57 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +2.69 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 84.86% | +10.60 | 74.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.08 | 0.14% |
| Allowance / Loans (%) | — | 0.89% | -0.10% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.13 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.40% | -1.88 | 20.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▆██ | Net Interest Margin (%) | 3.20% | 3.36% | 3.79% | 3.87% | 3.98% | 4.05% | 4.33% | 4.39% |
| ▁▂▄▇▇▇██ | Return on Assets (%) | 0.38% | 0.49% | 0.67% | 0.84% | 0.87% | 0.88% | 0.97% | 0.98% |
| █▇▄▂▂▁▁▁ | Efficiency Ratio (%) | 86.6% | 83.3% | 79.0% | 75.2% | 74.1% | 73.9% | 73.0% | 72.3% |
| █▆▄▄▁▂▁▁ | Cost of Funds (%) | 1.62% | 1.53% | 1.47% | 1.46% | 1.37% | 1.39% | 1.34% | 1.34% |
| ▆▆▆▅██▆▁ | NPA / Assets (%) | 0.16% | 0.16% | 0.17% | 0.14% | 0.20% | 0.21% | 0.16% | 0.05% |
| ▇▆▇▅██▅▁ | Net Charge-Off Ratio (%) | 0.26% | 0.24% | 0.25% | 0.20% | 0.29% | 0.30% | 0.19% | 0.07% |
| ▄▁▃▃▆█▇█ | Tang. Book Value ($M) | $37 | $35 | $36 | $36 | $38 | $39 | $39 | $39 |
| ▁▃▃▄▅▆██ | Gross Loans ($M) | $239 | $257 | $265 | $267 | $282 | $290 | $309 | $308 |
| ▁▂▄▁▄▂█▂ | Total Deposits ($M) | $358 | $358 | $363 | $356 | $362 | $358 | $372 | $360 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 12% |