Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.38 | 1.27% |
| Return on Equity (%) | ▲ | 18.25% | +3.58 | 14.67% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.43 | 3.11% |
| Efficiency Ratio (%) | ▲ | 55.58% | -5.85 | 61.42% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 1.54% | -0.23 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $352 | +3.49 | $349 |
| Gross Loans ($M) | ▲ | $258 | +15.59 | $242 |
| Loan Growth YoY (%) | ▲ | 81.24% | +4.91 | 76.32% |
| Total Deposits ($M) | ▲ | $314 | +0.16 | $314 |
| Shareholders Equity ($M) | ▲ | $33 | +1.58 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +1.58 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +1.21 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 81.24% | +4.91 | 76.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 0.90% | -0.05% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.52% | +0.21 | 13.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.80% | 2.87% | 3.01% | 3.11% | 3.18% | 3.27% | 3.50% | 3.54% |
| ▁▁▂▄▅▆██ | Return on Assets (%) | 1.02% | 1.08% | 1.16% | 1.27% | 1.35% | 1.44% | 1.58% | 1.64% |
| ██▇▅▄▃▁▁ | Efficiency Ratio (%) | 65.3% | 64.5% | 63.4% | 61.4% | 59.9% | 58.5% | 56.4% | 55.6% |
| ██▆▆▄▂▁▁ | Cost of Funds (%) | 1.88% | 1.85% | 1.78% | 1.77% | 1.70% | 1.59% | 1.57% | 1.54% |
| ▁▁▁▁███▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | 0.03% | 0.02% |
| ▁▁▁▁███▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.04% | 0.02% |
| ▂▁▃▅▆▄██ | Tang. Book Value ($M) | $30 | $29 | $30 | $31 | $32 | $31 | $32 | $33 |
| ▁▁▃▄▄▇██ | Gross Loans ($M) | $231 | $234 | $240 | $242 | $244 | $254 | $256 | $258 |
| ▁▃▇▇▆██▇ | Total Deposits ($M) | $298 | $304 | $314 | $314 | $313 | $318 | $319 | $314 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |