Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.06 | 1.07% |
| Return on Equity (%) | ▼ | 15.08% | -1.29 | 16.37% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.20 | 3.26% |
| Efficiency Ratio (%) | ▼ | 56.54% | +0.06 | 56.48% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.20 | $3 |
| Cost of Funds (%) | ▲ | 2.33% | -0.08 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $821 | +97.03 | $723 |
| Gross Loans ($M) | ▲ | $514 | +74.12 | $440 |
| Loan Growth YoY (%) | ▲ | 67.75% | +2.34 | 65.41% |
| Total Deposits ($M) | ▲ | $751 | +85.44 | $666 |
| Shareholders Equity ($M) | ▲ | $62 | +12.36 | $49 |
| Tang. Book Value ($M) | ▲ | $61 | +12.36 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +11.94 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 67.75% | +2.34 | 65.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.02 | 0.08% |
| Allowance / Loans (%) | — | 0.89% | -0.00% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -0.06 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▇███ | Net Interest Margin (%) | 2.88% | 2.96% | 3.13% | 3.26% | 3.37% | 3.40% | 3.47% | 3.46% |
| ▁▃▄▇████ | Return on Assets (%) | 0.78% | 0.89% | 0.94% | 1.07% | 1.11% | 1.14% | 1.15% | 1.13% |
| █▅▄▂▁▁▂▂ | Efficiency Ratio (%) | 63.7% | 60.2% | 58.7% | 56.5% | 55.3% | 55.0% | 56.4% | 56.5% |
| ██▆▅▄▃▁▃ | Cost of Funds (%) | 2.61% | 2.59% | 2.47% | 2.41% | 2.36% | 2.31% | 2.19% | 2.33% |
| ▃▁▁█▄▅▃▆ | NPA / Assets (%) | 0.03% | 0.01% | 0.01% | 0.08% | 0.04% | 0.05% | 0.03% | 0.06% |
| ▃▁▁█▄▅▃▅ | Net Charge-Off Ratio (%) | 0.05% | 0.01% | 0.01% | 0.14% | 0.06% | 0.08% | 0.05% | 0.08% |
| ▃▁▃▃▆▇██ | Tang. Book Value ($M) | $48 | $43 | $48 | $49 | $56 | $58 | $60 | $61 |
| ▁▂▂▃▅▆▇█ | Gross Loans ($M) | $400 | $415 | $426 | $440 | $459 | $480 | $499 | $514 |
| ▁▁▃▂▃▅██ | Total Deposits ($M) | $649 | $648 | $676 | $666 | $683 | $706 | $757 | $751 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 24% |