Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.61% | +0.10 | 1.51% |
| Return on Equity (%) | ▲ | 12.99% | +0.08 | 12.91% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.46 | 3.39% |
| Efficiency Ratio (%) | ▲ | 48.01% | -0.48 | 48.49% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.04 | $4 |
| Cost of Funds (%) | ▲ | 1.54% | -0.16 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $692 | +63.70 | $628 |
| Gross Loans ($M) | ▼ | $422 | -5.68 | $428 |
| Loan Growth YoY (%) | ▼ | 68.86% | -7.77 | 76.63% |
| Total Deposits ($M) | ▲ | $604 | +54.00 | $550 |
| Shareholders Equity ($M) | ▲ | $85 | +9.65 | $76 |
| Tang. Book Value ($M) | ▲ | $85 | +9.65 | $76 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +14.91 | $80 |
| Loan / Deposit Ratio (%) | ▼ | 68.86% | -7.77 | 76.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.54% | -0.01% | 1.55% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.18% | +0.27 | 16.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 2.84% | 2.93% | 3.19% | 3.39% | 3.48% | 3.56% | 3.83% | 3.85% |
| ▁▂▃▇▇▇██ | Return on Assets (%) | 1.02% | 1.10% | 1.18% | 1.51% | 1.50% | 1.51% | 1.59% | 1.61% |
| ██▅▁▁▁▁▁ | Efficiency Ratio (%) | 57.0% | 57.0% | 53.5% | 48.5% | 48.7% | 49.1% | 48.2% | 48.0% |
| █▇▅▃▂▁▁▁ | Cost of Funds (%) | 1.99% | 1.92% | 1.77% | 1.70% | 1.63% | 1.57% | 1.53% | 1.54% |
| █▃▂▁▁▁▁▁ | NPA / Assets (%) | 0.16% | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▃▂▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.23% | 0.06% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▄▅▇▇█ | Tang. Book Value ($M) | $68 | $70 | $72 | $76 | $78 | $81 | $83 | $85 |
| ▇▄▄▄█▂▅▁ | Gross Loans ($M) | $433 | $428 | $428 | $428 | $434 | $424 | $429 | $422 |
| ▁▁▁▁▃▅▆█ | Total Deposits ($M) | $545 | $547 | $549 | $550 | $562 | $576 | $582 | $604 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 3% |
| Agricultural | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 9% |