Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.13 | 0.73% |
| Return on Equity (%) | ▲ | 7.38% | +1.43 | 5.95% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.28 | 3.49% |
| Efficiency Ratio (%) | ▲ | 67.79% | -3.66 | 71.45% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.58% | -0.22 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $653 | +80.69 | $573 |
| Gross Loans ($M) | ▲ | $547 | +47.85 | $499 |
| Loan Growth YoY (%) | ▼ | 94.52% | -5.61 | 100.13% |
| Total Deposits ($M) | ▲ | $571 | +79.49 | $491 |
| Shareholders Equity ($M) | ▲ | $79 | +4.51 | $75 |
| Tang. Book Value ($M) | ▲ | $79 | +4.51 | $75 |
| TBV excl. AOCI ($M)** | ▲ | $80 | +4.33 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 94.52% | -5.61 | 100.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.16 | 0.04% |
| Allowance / Loans (%) | — | 1.45% | -0.09% | 1.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.19 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▂▁▄▅▅▇█ | Net Interest Margin (%) | 3.49% | 3.36% | 3.30% | 3.49% | 3.56% | 3.56% | 3.68% | 3.77% |
| █▇▂▂▂▁▄▆ | Return on Assets (%) | 0.93% | 0.89% | 0.73% | 0.73% | 0.74% | 0.68% | 0.79% | 0.87% |
| ▁▁▇███▇▄ | Efficiency Ratio (%) | 63.4% | 63.7% | 70.9% | 71.4% | 71.5% | 72.2% | 70.2% | 67.8% |
| █▃▄▄▅▁▂▂ | Cost of Funds (%) | 2.16% | 1.67% | 1.78% | 1.80% | 1.82% | 1.45% | 1.55% | 1.58% |
| ▃▁▁▁▁▃█▃ | NPA / Assets (%) | 0.21% | 0.03% | 0.03% | 0.04% | 0.04% | 0.17% | 0.51% | 0.20% |
| ▃▁▁▁▁▃█▃ | Net Charge-Off Ratio (%) | 0.24% | 0.03% | 0.03% | 0.05% | 0.05% | 0.22% | 0.60% | 0.24% |
| ▁▁▃▃▅▆▇█ | Tang. Book Value ($M) | $72 | $73 | $74 | $75 | $76 | $77 | $78 | $79 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $470 | $486 | $492 | $499 | $518 | $536 | $529 | $547 |
| ▁▆▁▁▃█▄▅ | Total Deposits ($M) | $473 | $580 | $479 | $491 | $516 | $630 | $546 | $571 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 10% |