Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.05% | +0.28 | 1.77% |
| Return on Equity (%) | ▲ | 15.59% | +0.99 | 14.60% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.30 | 3.40% |
| Efficiency Ratio (%) | ▲ | 28.28% | -2.78 | 31.06% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.55 | $5 |
| Cost of Funds (%) | ▲ | 1.83% | -0.15 | 1.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $832 | +32.16 | $800 |
| Gross Loans ($M) | ▲ | $467 | +29.44 | $438 |
| Loan Growth YoY (%) | ▲ | 64.44% | +2.89 | 61.55% |
| Total Deposits ($M) | ▲ | $716 | +13.25 | $703 |
| Shareholders Equity ($M) | ▲ | $112 | +18.83 | $93 |
| Tang. Book Value ($M) | ▲ | $112 | +18.83 | $93 |
| TBV excl. AOCI ($M)** | ▲ | $128 | +20.08 | $108 |
| Loan / Deposit Ratio (%) | ▲ | 64.44% | +2.89 | 61.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.04 | 0.31% |
| Allowance / Loans (%) | — | 1.23% | 0.05% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.05 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇▇██ | Net Interest Margin (%) | 2.80% | 2.88% | 3.14% | 3.40% | 3.48% | 3.54% | 3.62% | 3.69% |
| ▁▁▃▅▆▆██ | Return on Assets (%) | 1.48% | 1.49% | 1.64% | 1.77% | 1.86% | 1.88% | 2.03% | 2.05% |
| ▇█▄▃▂▆▁▁ | Efficiency Ratio (%) | 35.3% | 36.9% | 32.6% | 31.1% | 30.2% | 34.0% | 28.3% | 28.3% |
| ██▅▃▂▂▁▁ | Cost of Funds (%) | 2.29% | 2.24% | 2.11% | 1.98% | 1.94% | 1.92% | 1.87% | 1.83% |
| ▁▁▆▆▄▃▅█ | NPA / Assets (%) | 0.24% | 0.24% | 0.32% | 0.31% | 0.28% | 0.28% | 0.29% | 0.35% |
| ▁▁▇▆▄▄▅█ | Net Charge-Off Ratio (%) | 0.44% | 0.43% | 0.59% | 0.57% | 0.50% | 0.51% | 0.54% | 0.62% |
| ▆▃▂▁▆█▅█ | Tang. Book Value ($M) | $107 | $100 | $96 | $93 | $106 | $113 | $104 | $112 |
| ▁▂▂▃▆▆▆█ | Gross Loans ($M) | $426 | $434 | $434 | $438 | $456 | $452 | $454 | $467 |
| ▁▂▄▅▅▇█▇ | Total Deposits ($M) | $670 | $680 | $697 | $703 | $701 | $713 | $724 | $716 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 22% |