Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.08 | 1.40% |
| Return on Equity (%) | ▲ | 13.16% | +0.74 | 12.42% |
| Net Interest Margin (%) | ▲ | 4.79% | +0.17 | 4.62% |
| Efficiency Ratio (%) | ▲ | 54.01% | -3.52 | 57.53% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.63 | $3 |
| Cost of Funds (%) | ▲ | 1.46% | -0.30 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $651 | +103.77 | $547 |
| Gross Loans ($M) | ▲ | $557 | +103.94 | $453 |
| Loan Growth YoY (%) | ▲ | 96.55% | +2.19 | 94.37% |
| Total Deposits ($M) | ▲ | $567 | +95.50 | $472 |
| Shareholders Equity ($M) | ▲ | $69 | +7.04 | $62 |
| Tang. Book Value ($M) | ▲ | $62 | +1.89 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 96.55% | +2.19 | 94.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.11 | 0.26% |
| Allowance / Loans (%) | — | 1.56% | -0.04% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.14 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.01% | -2.04 | 13.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆█▇ | Net Interest Margin (%) | 4.35% | 4.42% | 4.52% | 4.62% | 4.65% | 4.76% | 4.92% | 4.79% |
| ▁▁▁▃▄▅█▆ | Return on Assets (%) | 1.33% | 1.34% | 1.35% | 1.40% | 1.44% | 1.46% | 1.55% | 1.48% |
| ▆▆▆█▆▅▁▂ | Efficiency Ratio (%) | 56.0% | 56.1% | 56.3% | 57.5% | 56.2% | 55.5% | 53.1% | 54.0% |
| █▄▄▄▄▃▁▁ | Cost of Funds (%) | 2.12% | 1.78% | 1.73% | 1.76% | 1.74% | 1.66% | 1.49% | 1.46% |
| ▂▅▃▃▃▃█▁ | NPA / Assets (%) | 0.21% | 0.35% | 0.27% | 0.26% | 0.25% | 0.25% | 0.48% | 0.15% |
| ▂▇▄▄▄▃█▁ | Net Charge-Off Ratio (%) | 0.26% | 0.44% | 0.32% | 0.32% | 0.31% | 0.28% | 0.51% | 0.18% |
| ▁▂▃▄▅▇█▅ | Tang. Book Value ($M) | $56 | $58 | $60 | $61 | $63 | $65 | $67 | $62 |
| ▁▁▁▂▃▆▅█ | Gross Loans ($M) | $430 | $431 | $439 | $453 | $473 | $509 | $505 | $557 |
| ▁▂▁▂▃▃▄█ | Total Deposits ($M) | $454 | $475 | $466 | $472 | $495 | $488 | $509 | $567 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 9% |
| Agricultural | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 7% |