Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.19% | +0.02 | 2.18% |
| Return on Equity (%) | ▼ | 18.94% | -0.59 | 19.53% |
| Net Interest Margin (%) | ▲ | 5.06% | +0.05 | 5.01% |
| Efficiency Ratio (%) | ▲ | 45.13% | -0.03 | 45.16% |
| Pre-Provision Profit ($M) | ▲ | $8 | +0.26 | $7 |
| Cost of Funds (%) | ▲ | 1.72% | -0.04 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,031 | +85.10 | $946 |
| Gross Loans ($M) | ▲ | $843 | +68.24 | $774 |
| Loan Growth YoY (%) | ▲ | 92.71% | +0.55 | 92.16% |
| Total Deposits ($M) | ▲ | $898 | +66.15 | $832 |
| Shareholders Equity ($M) | ▲ | $122 | +12.44 | $110 |
| Tang. Book Value ($M) | ▲ | $122 | +12.45 | $110 |
| TBV excl. AOCI ($M)** | ▲ | $127 | +12.61 | $114 |
| Loan / Deposit Ratio (%) | ▲ | 92.71% | +0.55 | 92.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.54% | -0.39 | 0.94% |
| Allowance / Loans (%) | — | 1.21% | 0.20% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.63% | -0.44 | 1.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆██▇▇ | Net Interest Margin (%) | 4.66% | 4.71% | 4.89% | 5.01% | 5.14% | 5.16% | 5.06% | 5.06% |
| ▁▁▄▆█▆▆▇ | Return on Assets (%) | 1.93% | 1.95% | 2.07% | 2.18% | 2.26% | 2.18% | 2.14% | 2.19% |
| ██▇▃▁▁▃▃ | Efficiency Ratio (%) | 46.8% | 46.8% | 46.4% | 45.2% | 44.4% | 44.2% | 45.2% | 45.1% |
| █▆▃▂▂▁▁▁ | Cost of Funds (%) | 2.19% | 2.05% | 1.87% | 1.76% | 1.78% | 1.74% | 1.70% | 1.72% |
| █▆▆▆▁▁▁▁ | NPA / Assets (%) | 1.13% | 0.93% | 0.97% | 0.94% | 0.59% | 0.54% | 0.53% | 0.54% |
| █▆▆▅▁▁▁▁ | Net Charge-Off Ratio (%) | 1.43% | 1.15% | 1.17% | 1.07% | 0.70% | 0.67% | 0.61% | 0.63% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $99 | $102 | $104 | $110 | $112 | $116 | $117 | $122 |
| ▁▁▂▄▄▇██ | Gross Loans ($M) | $719 | $734 | $744 | $774 | $785 | $824 | $852 | $843 |
| ▂▃▁▁▄▇██ | Total Deposits ($M) | $839 | $851 | $828 | $832 | $860 | $891 | $900 | $898 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 10% |