Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.44% | +0.38 | 2.06% |
| Return on Equity (%) | ▼ | 21.28% | -0.17 | 21.45% |
| Net Interest Margin (%) | ▲ | 5.20% | +0.46 | 4.75% |
| Efficiency Ratio (%) | ▲ | 38.32% | -3.87 | 42.19% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.93 | $5 |
| Cost of Funds (%) | ▲ | 1.34% | -0.41 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $729 | +52.19 | $677 |
| Gross Loans ($M) | ▲ | $545 | +45.40 | $499 |
| Loan Growth YoY (%) | ▲ | 84.07% | +2.60 | 81.47% |
| Total Deposits ($M) | ▲ | $640 | +34.28 | $605 |
| Shareholders Equity ($M) | ▲ | $85 | +17.19 | $68 |
| Tang. Book Value ($M) | ▲ | $85 | +17.19 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $88 | +16.72 | $71 |
| Loan / Deposit Ratio (%) | ▲ | 84.07% | +2.60 | 81.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.08 | 0.03% |
| Allowance / Loans (%) | — | 1.29% | 0.05% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.08 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.00% | +1.85 | 17.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▂▄██ | Net Interest Margin (%) | 4.66% | 4.67% | 4.65% | 4.75% | 4.78% | 4.87% | 5.22% | 5.20% |
| █▇▁▁▂▂▅▅ | Return on Assets (%) | 2.88% | 2.66% | 1.95% | 2.06% | 2.09% | 2.15% | 2.49% | 2.44% |
| ▁▂██▇▇▅▅ | Efficiency Ratio (%) | 33.4% | 35.2% | 42.3% | 42.2% | 41.1% | 40.4% | 38.2% | 38.3% |
| █▇▅▆▅▄▁▁ | Cost of Funds (%) | 1.97% | 1.82% | 1.66% | 1.75% | 1.71% | 1.58% | 1.36% | 1.34% |
| ▁▁▂▂███▇ | NPA / Assets (%) | 0.01% | 0.01% | 0.03% | 0.03% | 0.13% | 0.13% | 0.13% | 0.11% |
| ▁▁▂▂██▆▆ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.05% | 0.04% | 0.18% | 0.17% | 0.13% | 0.12% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $58 | $60 | $64 | $68 | $72 | $76 | $80 | $85 |
| ▁▂▅▅▆███ | Gross Loans ($M) | $432 | $454 | $496 | $499 | $517 | $533 | $547 | $545 |
| ▁▁▃▃█▄▅█ | Total Deposits ($M) | $585 | $587 | $603 | $605 | $641 | $609 | $617 | $640 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 32% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 3% |