Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.28 | 1.06% |
| Return on Equity (%) | ▲ | 9.17% | +1.03 | 8.14% |
| Net Interest Margin (%) | ▲ | 4.90% | +0.65 | 4.24% |
| Efficiency Ratio (%) | ▲ | 61.82% | -3.27 | 65.09% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.42 | $3 |
| Cost of Funds (%) | ▲ | 1.17% | -0.10 | 1.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $777 | -34.38 | $811 |
| Gross Loans ($M) | ▲ | $599 | +30.58 | $569 |
| Loan Growth YoY (%) | ▲ | 95.91% | +14.18 | 81.73% |
| Total Deposits ($M) | ▼ | $618 | -70.46 | $689 |
| Shareholders Equity ($M) | ▲ | $116 | +7.44 | $108 |
| Tang. Book Value ($M) | ▲ | $112 | +7.48 | $104 |
| TBV excl. AOCI ($M)** | ▲ | $117 | +5.88 | $111 |
| Loan / Deposit Ratio (%) | ▲ | 95.91% | +14.18 | 81.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.70% | +0.28 | 0.42% |
| Allowance / Loans (%) | — | 1.08% | 0.03% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.31 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 4.04% | 4.10% | 4.13% | 4.24% | 4.28% | 4.39% | 4.82% | 4.90% |
| ▁▂▂▂▂▃█▇ | Return on Assets (%) | 0.97% | 1.09% | 1.03% | 1.06% | 1.07% | 1.14% | 1.45% | 1.34% |
| █▇▇▅▅▄▁▁ | Efficiency Ratio (%) | 67.6% | 66.0% | 66.3% | 65.1% | 65.1% | 64.3% | 61.0% | 61.8% |
| █▆▄▄▅▄▁▁ | Cost of Funds (%) | 1.42% | 1.34% | 1.28% | 1.27% | 1.32% | 1.28% | 1.17% | 1.17% |
| ▂▁▅▃▄▄█▆ | NPA / Assets (%) | 0.28% | 0.12% | 0.56% | 0.42% | 0.51% | 0.49% | 0.93% | 0.70% |
| ▂▁▅▄▅▄█▆ | Net Charge-Off Ratio (%) | 0.39% | 0.17% | 0.81% | 0.59% | 0.71% | 0.66% | 1.23% | 0.90% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $97 | $98 | $101 | $104 | $107 | $109 | $110 | $112 |
| ▂▁▂▃▄▅▆█ | Gross Loans ($M) | $566 | $559 | $565 | $569 | $575 | $583 | $587 | $599 |
| ▆▇███▅▄▁ | Total Deposits ($M) | $673 | $684 | $694 | $689 | $685 | $662 | $653 | $618 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 15% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 4% |