Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.06 | 1.85% |
| Return on Equity (%) | ▼ | 13.62% | -0.88 | 14.50% |
| Net Interest Margin (%) | ▲ | 4.88% | +0.07 | 4.81% |
| Efficiency Ratio (%) | ▲ | 50.34% | -0.98 | 51.32% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.11 | $4 |
| Cost of Funds (%) | ▼ | 0.20% | +0.02 | 0.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $686 | +29.83 | $656 |
| Gross Loans ($M) | ▲ | $375 | +21.56 | $353 |
| Loan Growth YoY (%) | ▲ | 63.86% | +2.11 | 61.75% |
| Total Deposits ($M) | ▲ | $579 | +14.72 | $564 |
| Shareholders Equity ($M) | ▲ | $97 | +11.87 | $85 |
| Tang. Book Value ($M) | ▲ | $97 | +11.87 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +12.09 | $94 |
| Loan / Deposit Ratio (%) | ▲ | 63.86% | +2.11 | 61.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -0.01 | 0.28% |
| Allowance / Loans (%) | — | 1.33% | -0.01% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -0.02 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█████ | Net Interest Margin (%) | 4.31% | 4.40% | 4.74% | 4.81% | 4.84% | 4.86% | 4.84% | 4.88% |
| ▁▁▁▆▇▇██ | Return on Assets (%) | 1.68% | 1.67% | 1.69% | 1.85% | 1.88% | 1.89% | 1.93% | 1.91% |
| ▆▆█▃▂▂▂▁ | Efficiency Ratio (%) | 53.0% | 53.1% | 54.1% | 51.3% | 50.9% | 50.9% | 51.0% | 50.3% |
| █▄▁▁▁▁▁▁ | Cost of Funds (%) | 0.53% | 0.34% | 0.17% | 0.18% | 0.19% | 0.19% | 0.18% | 0.20% |
| ▄▁█▃▁█▇▁ | NPA / Assets (%) | 0.29% | 0.28% | 0.31% | 0.28% | 0.27% | 0.31% | 0.31% | 0.27% |
| ▆▁█▃▂██▂ | Net Charge-Off Ratio (%) | 0.41% | 0.36% | 0.44% | 0.39% | 0.38% | 0.44% | 0.43% | 0.37% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $78 | $80 | $81 | $85 | $90 | $93 | $94 | $97 |
| ▁▁▂▄▄▆▇█ | Gross Loans ($M) | $340 | $340 | $347 | $353 | $356 | $363 | $366 | $375 |
| ▂▁▅▆▇▅▆█ | Total Deposits ($M) | $541 | $534 | $562 | $564 | $571 | $558 | $567 | $579 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 2% |