Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.04 | 1.87% |
| Return on Equity (%) | ▼ | 18.29% | -0.43 | 18.72% |
| Net Interest Margin (%) | ▼ | 4.64% | -0.08 | 4.72% |
| Efficiency Ratio (%) | ▼ | 45.79% | +0.69 | 45.10% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.65 | $5 |
| Cost of Funds (%) | ▲ | 1.86% | -0.16 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $935 | +77.58 | $858 |
| Gross Loans ($M) | ▲ | $718 | +57.65 | $660 |
| Loan Growth YoY (%) | ▼ | 86.24% | -0.17 | 86.42% |
| Total Deposits ($M) | ▲ | $825 | +67.21 | $758 |
| Shareholders Equity ($M) | ▲ | $98 | +10.44 | $88 |
| Tang. Book Value ($M) | ▲ | $92 | +11.15 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +10.86 | $85 |
| Loan / Deposit Ratio (%) | ▼ | 86.24% | -0.17 | 86.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.02 | 0.04% |
| Allowance / Loans (%) | — | 0.86% | 0.08% | 0.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.08% | +0.02 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▇███▆▇ | Net Interest Margin (%) | 4.20% | 4.24% | 4.62% | 4.72% | 4.75% | 4.71% | 4.59% | 4.64% |
| ▂▁▆▆▇▆▅█ | Return on Assets (%) | 1.80% | 1.77% | 1.86% | 1.87% | 1.89% | 1.87% | 1.85% | 1.91% |
| ▇█▁▂▂▆▆▄ | Efficiency Ratio (%) | 47.1% | 47.8% | 44.2% | 45.1% | 45.1% | 46.8% | 46.8% | 45.8% |
| █▇▁▃▃▂▁▁ | Cost of Funds (%) | 2.39% | 2.29% | 1.89% | 2.02% | 1.98% | 1.94% | 1.83% | 1.86% |
| ▁▁▆▆▅▆██ | NPA / Assets (%) | 0.01% | 0.01% | 0.05% | 0.04% | 0.04% | 0.05% | 0.06% | 0.06% |
| ▁▁▆▆▅▆██ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.06% | 0.06% | 0.05% | 0.06% | 0.08% | 0.08% |
| ▁▁▅▅▇▇██ | Tang. Book Value ($M) | $64 | $64 | $79 | $81 | $86 | $88 | $89 | $92 |
| ▁▁▅▆▇███ | Gross Loans ($M) | $512 | $524 | $643 | $660 | $690 | $713 | $724 | $718 |
| ▁▁▆▆▇▇██ | Total Deposits ($M) | $592 | $593 | $767 | $758 | $775 | $787 | $830 | $825 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 25% |