Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.07% | +0.53 | 1.55% |
| Return on Equity (%) | ▲ | 16.85% | +3.60 | 13.25% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.77 | 3.38% |
| Efficiency Ratio (%) | ▲ | 48.35% | -5.50 | 53.85% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.97 | $2 |
| Cost of Funds (%) | ▲ | 1.46% | -0.19 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $445 | +23.52 | $422 |
| Gross Loans ($M) | ▲ | $263 | +74.14 | $189 |
| Loan Growth YoY (%) | ▲ | 66.49% | +16.39 | 50.10% |
| Total Deposits ($M) | ▲ | $388 | +18.89 | $369 |
| Shareholders Equity ($M) | ▲ | $55 | +4.92 | $50 |
| Tang. Book Value ($M) | ▲ | $55 | +4.92 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $63 | +2.78 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 66.49% | +16.39 | 50.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.38% | -0.01 | 0.39% |
| Allowance / Loans (%) | — | 2.07% | -0.21% | 2.28% |
| Net Charge-Off Ratio (%) | ▲ | 0.64% | -0.23 | 0.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆██ | Net Interest Margin (%) | 2.94% | 3.03% | 3.16% | 3.38% | 3.56% | 3.70% | 4.03% | 4.15% |
| ▁▁▂▃▄▃▆█ | Return on Assets (%) | 1.36% | 1.42% | 1.50% | 1.55% | 1.68% | 1.61% | 1.85% | 2.07% |
| ██▅█▆█▄▁ | Efficiency Ratio (%) | 54.2% | 54.5% | 52.1% | 53.8% | 52.8% | 54.5% | 50.9% | 48.3% |
| ██▄▆▄▂▁▂ | Cost of Funds (%) | 1.75% | 1.73% | 1.57% | 1.65% | 1.56% | 1.46% | 1.40% | 1.46% |
| █▃▂▁▂▃▁▁ | NPA / Assets (%) | 1.28% | 0.64% | 0.59% | 0.39% | 0.60% | 0.62% | 0.42% | 0.38% |
| █▄▃▁▂▂▁▁ | Net Charge-Off Ratio (%) | 3.27% | 1.69% | 1.54% | 0.87% | 1.26% | 1.21% | 0.79% | 0.64% |
| ▄▁▃▄█▆██ | Tang. Book Value ($M) | $50 | $47 | $50 | $50 | $55 | $53 | $54 | $55 |
| ▁▁▁▃▄▅▇█ | Gross Loans ($M) | $156 | $156 | $168 | $189 | $201 | $222 | $237 | $263 |
| ▁▃▇▄▄▆██ | Total Deposits ($M) | $347 | $360 | $383 | $369 | $369 | $376 | $390 | $388 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 10% |