Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.93% | +0.50 | 1.43% |
| Return on Equity (%) | ▲ | 22.65% | +5.99 | 16.66% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.57 | 3.54% |
| Efficiency Ratio (%) | ▲ | 50.69% | -8.19 | 58.88% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.60 | $3 |
| Cost of Funds (%) | ▲ | 2.26% | -0.19 | 2.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $850 | +107.27 | $743 |
| Gross Loans ($M) | ▲ | $706 | +110.46 | $596 |
| Loan Growth YoY (%) | ▲ | 92.11% | +4.34 | 87.77% |
| Total Deposits ($M) | ▲ | $760 | +86.72 | $673 |
| Shareholders Equity ($M) | ▲ | $75 | +9.88 | $66 |
| Tang. Book Value ($M) | ▲ | $67 | +10.06 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +9.67 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 92.11% | +4.34 | 87.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.02 | 0.08% |
| Allowance / Loans (%) | — | 0.86% | 0.06% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.02 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.65% | -1.14 | 11.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅██ | Net Interest Margin (%) | 3.24% | 3.30% | 3.41% | 3.54% | 3.66% | 3.73% | 4.01% | 4.10% |
| ▁▁▂▃▃▁██ | Return on Assets (%) | 1.22% | 1.25% | 1.35% | 1.43% | 1.43% | 1.27% | 1.85% | 1.93% |
| ██▇▆▅█▁▁ | Efficiency Ratio (%) | 63.0% | 62.6% | 60.1% | 58.9% | 57.3% | 61.8% | 51.6% | 50.7% |
| ██▆▇▂▄▁▁ | Cost of Funds (%) | 2.49% | 2.50% | 2.43% | 2.45% | 2.31% | 2.36% | 2.29% | 2.26% |
| ▁▂▁▁▂▇█▁ | NPA / Assets (%) | 0.10% | 0.13% | 0.10% | 0.08% | 0.13% | 0.26% | 0.30% | 0.11% |
| ▁▂▁▁▂▇█▁ | Net Charge-Off Ratio (%) | 0.13% | 0.16% | 0.13% | 0.11% | 0.15% | 0.32% | 0.37% | 0.13% |
| ▂▁▂▄▅▄▆█ | Tang. Book Value ($M) | $55 | $51 | $54 | $57 | $61 | $59 | $62 | $67 |
| ▁▁▂▃▅▆██ | Gross Loans ($M) | $547 | $556 | $574 | $596 | $636 | $655 | $687 | $706 |
| ▁▁▃▃▄▆██ | Total Deposits ($M) | $633 | $643 | $674 | $673 | $685 | $717 | $757 | $760 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 7% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 16% |