Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.89% | +0.37 | 1.52% |
| Return on Equity (%) | ▲ | 19.54% | +3.05 | 16.49% |
| Net Interest Margin (%) | ▲ | 4.58% | +0.35 | 4.23% |
| Efficiency Ratio (%) | ▲ | 48.24% | -5.25 | 53.49% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.27 | $5 |
| Cost of Funds (%) | ▲ | 2.04% | -0.21 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,077 | +99.84 | $977 |
| Gross Loans ($M) | ▲ | $889 | +93.98 | $795 |
| Loan Growth YoY (%) | ▲ | 97.73% | +0.65 | 97.09% |
| Total Deposits ($M) | ▲ | $904 | +90.29 | $814 |
| Shareholders Equity ($M) | ▲ | $106 | +16.60 | $90 |
| Tang. Book Value ($M) | ▲ | $106 | +16.60 | $90 |
| TBV excl. AOCI ($M)** | ▲ | $110 | +15.83 | $94 |
| Loan / Deposit Ratio (%) | ▲ | 97.73% | +0.65 | 97.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.07 | 0.28% |
| Allowance / Loans (%) | — | 0.62% | -0.01% | 0.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.07 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▄▅▆▇█ | Net Interest Margin (%) | 3.94% | 4.03% | 4.30% | 4.23% | 4.34% | 4.40% | 4.44% | 4.58% |
| ▁▁▅▃▅▅▇█ | Return on Assets (%) | 1.32% | 1.33% | 1.66% | 1.52% | 1.61% | 1.65% | 1.76% | 1.89% |
| ██▅▅▄▄▃▁ | Efficiency Ratio (%) | 56.6% | 56.9% | 53.0% | 53.5% | 51.9% | 51.6% | 50.7% | 48.2% |
| █▇▃▄▄▃▁▁ | Cost of Funds (%) | 2.50% | 2.42% | 2.18% | 2.25% | 2.25% | 2.21% | 2.10% | 2.04% |
| ▁▄▁▇█▂▁▄ | NPA / Assets (%) | 0.14% | 0.20% | 0.13% | 0.28% | 0.30% | 0.16% | 0.13% | 0.20% |
| ▁▄▁▇█▃▂▅ | Net Charge-Off Ratio (%) | 0.02% | 0.12% | 0.03% | 0.21% | 0.25% | 0.08% | 0.06% | 0.15% |
| ▁▁▂▃▄▆▆█ | Tang. Book Value ($M) | $84 | $83 | $87 | $90 | $94 | $99 | $100 | $106 |
| ▁▁▃▅▆▇██ | Gross Loans ($M) | $684 | $708 | $750 | $795 | $825 | $855 | $871 | $889 |
| ▁▂▃▄▆▆██ | Total Deposits ($M) | $726 | $757 | $792 | $814 | $854 | $859 | $895 | $904 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 18% |