Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.95% | +0.68 | 1.27% |
| Return on Equity (%) | ▲ | 20.79% | +6.65 | 14.14% |
| Net Interest Margin (%) | ▲ | 5.37% | +0.32 | 5.05% |
| Efficiency Ratio (%) | ▲ | 50.83% | -4.43 | 55.26% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.86 | $5 |
| Cost of Funds (%) | ▲ | 1.87% | -0.15 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $809 | +59.71 | $749 |
| Gross Loans ($M) | ▲ | $674 | +17.17 | $657 |
| Loan Growth YoY (%) | ▼ | 95.34% | -4.15 | 99.48% |
| Total Deposits ($M) | ▲ | $693 | +44.52 | $648 |
| Shareholders Equity ($M) | ▲ | $78 | +9.52 | $68 |
| Tang. Book Value ($M) | ▲ | $76 | +9.52 | $67 |
| TBV excl. AOCI ($M)** | ▲ | $80 | +9.96 | $70 |
| Loan / Deposit Ratio (%) | ▼ | 95.34% | -4.15 | 99.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.02 | 0.31% |
| Allowance / Loans (%) | — | 1.96% | 0.19% | 1.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.04 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▇██ | Net Interest Margin (%) | 4.46% | 4.56% | 4.85% | 5.05% | 5.14% | 5.23% | 5.36% | 5.37% |
| ▁▁▃▃▃▄██ | Return on Assets (%) | 0.90% | 0.96% | 1.27% | 1.27% | 1.31% | 1.46% | 2.10% | 1.95% |
| ██▅▄▄▃▁▁ | Efficiency Ratio (%) | 61.4% | 60.8% | 57.0% | 55.3% | 55.0% | 53.5% | 51.1% | 50.8% |
| █▅▄▄▃▂▁▁ | Cost of Funds (%) | 2.29% | 2.11% | 2.04% | 2.02% | 1.99% | 1.95% | 1.86% | 1.87% |
| ▇▁█▁▁▇▁▂ | NPA / Assets (%) | 0.41% | 0.32% | 0.44% | 0.31% | 0.31% | 0.41% | 0.31% | 0.34% |
| █▂█▂▁▄▁▄ | Net Charge-Off Ratio (%) | 0.49% | 0.36% | 0.49% | 0.36% | 0.32% | 0.40% | 0.34% | 0.40% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $64 | $64 | $65 | $67 | $69 | $71 | $74 | $76 |
| ▁▃▅▇█▇██ | Gross Loans ($M) | $604 | $629 | $648 | $657 | $666 | $664 | $672 | $674 |
| ▁▃▄▄▆▅██ | Total Deposits ($M) | $614 | $636 | $644 | $648 | $668 | $662 | $686 | $693 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 23% |
| Agricultural | 5% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 24% |