Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.48 | 0.88% |
| Return on Equity (%) | ▲ | 16.90% | +5.67 | 11.23% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.59 | 3.31% |
| Efficiency Ratio (%) | ▲ | 53.19% | -11.33 | 64.52% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.83 | $1 |
| Cost of Funds (%) | ▲ | 1.82% | -0.08 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $454 | +44.93 | $409 |
| Gross Loans ($M) | ▲ | $357 | +70.75 | $286 |
| Loan Growth YoY (%) | ▲ | 85.25% | +9.55 | 75.70% |
| Total Deposits ($M) | ▲ | $415 | +39.73 | $375 |
| Shareholders Equity ($M) | ▲ | $37 | +4.94 | $32 |
| Tang. Book Value ($M) | ▲ | $37 | +4.94 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +3.66 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 85.25% | +9.55 | 75.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.80 | 0.04% |
| Allowance / Loans (%) | — | 0.88% | 0.13% | 0.75% |
| Net Charge-Off Ratio (%) | ▼ | 1.07% | +1.01 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.44% | -0.79 | 11.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.69% | 2.77% | 3.18% | 3.31% | 3.43% | 3.51% | 3.82% | 3.90% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 0.58% | 0.56% | 0.87% | 0.88% | 0.97% | 0.98% | 1.31% | 1.35% |
| ███▆▅▃▁▁ | Efficiency Ratio (%) | 68.9% | 69.6% | 68.1% | 64.5% | 61.6% | 57.9% | 54.1% | 53.2% |
| █▄▂▁▁▂▁▁ | Cost of Funds (%) | 2.59% | 2.18% | 1.93% | 1.90% | 1.90% | 1.98% | 1.84% | 1.82% |
| ▁▁▁▁▁██▇ | NPA / Assets (%) | 0.10% | 0.10% | 0.04% | 0.04% | 0.04% | 0.96% | 0.89% | 0.84% |
| ▁▁▁▁▁██▇ | Net Charge-Off Ratio (%) | 0.06% | 0.06% | 0.06% | 0.05% | 0.05% | 1.27% | 1.17% | 1.07% |
| ▂▁▃▃▅▆██ | Tang. Book Value ($M) | $31 | $30 | $31 | $32 | $34 | $35 | $36 | $37 |
| ▁▁▁▃▄▇▇█ | Gross Loans ($M) | $252 | $255 | $264 | $286 | $304 | $333 | $343 | $357 |
| ▁▁▂▄▆▇██ | Total Deposits ($M) | $350 | $353 | $365 | $375 | $394 | $402 | $415 | $415 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 11% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |