Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.32 | 0.75% |
| Return on Equity (%) | ▲ | 13.48% | +1.89 | 11.59% |
| Net Interest Margin (%) | ▲ | 3.19% | +0.44 | 2.74% |
| Efficiency Ratio (%) | ▲ | 63.03% | -9.17 | 72.19% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.97 | $2 |
| Cost of Funds (%) | ▲ | 1.69% | -0.16 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $812 | +35.72 | $777 |
| Gross Loans ($M) | ▲ | $554 | +56.10 | $498 |
| Loan Growth YoY (%) | ▲ | 77.49% | +6.65 | 70.84% |
| Total Deposits ($M) | ▲ | $706 | +12.69 | $694 |
| Shareholders Equity ($M) | ▲ | $65 | +12.79 | $53 |
| Tang. Book Value ($M) | ▲ | $59 | +13.04 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +12.35 | $57 |
| Loan / Deposit Ratio (%) | ▲ | 77.49% | +6.65 | 70.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.15% | -0.11% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.01 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.01% | +0.18 | 13.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.29% | 2.33% | 2.63% | 2.74% | 2.83% | 2.88% | 3.12% | 3.19% |
| ▁▁▃▄▅▅▇█ | Return on Assets (%) | 0.46% | 0.53% | 0.65% | 0.75% | 0.77% | 0.81% | 0.97% | 1.06% |
| ██▆▅▅▄▂▁ | Efficiency Ratio (%) | 79.6% | 78.3% | 75.0% | 72.2% | 72.1% | 70.7% | 66.4% | 63.0% |
| ██▅▃▃▂▁▁ | Cost of Funds (%) | 2.16% | 2.22% | 1.97% | 1.85% | 1.83% | 1.76% | 1.66% | 1.69% |
| █▁▁███▆▆ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% |
| █▁▁███▆▆ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.00% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| ▂▁▁▂▅▇▆█ | Tang. Book Value ($M) | $46 | $42 | $43 | $46 | $52 | $56 | $54 | $59 |
| ▁▁▁▂▂▃▅█ | Gross Loans ($M) | $488 | $490 | $490 | $498 | $499 | $512 | $527 | $554 |
| █▄▃▂▁▁▃▄ | Total Deposits ($M) | $748 | $708 | $703 | $694 | $676 | $683 | $697 | $706 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 13% |