Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.07 | 1.41% |
| Return on Equity (%) | ▼ | 15.69% | -0.61 | 16.30% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.27 | 4.06% |
| Efficiency Ratio (%) | ▼ | 55.97% | +0.71 | 55.26% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.04 | $4 |
| Cost of Funds (%) | ▲ | 1.01% | -0.02 | 1.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $811 | +10.61 | $800 |
| Gross Loans ($M) | ▲ | $502 | +26.34 | $476 |
| Loan Growth YoY (%) | ▲ | 67.83% | +3.22 | 64.60% |
| Total Deposits ($M) | ▲ | $727 | +3.26 | $724 |
| Shareholders Equity ($M) | ▲ | $77 | +6.89 | $71 |
| Tang. Book Value ($M) | ▲ | $77 | +6.89 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $88 | +7.89 | $80 |
| Loan / Deposit Ratio (%) | ▲ | 67.83% | +3.22 | 64.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.19% | +0.19 | 0.00% |
| Allowance / Loans (%) | — | 1.74% | 0.07% | 1.67% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.31 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.82% | +0.57 | 14.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 3.77% | 3.82% | 3.89% | 4.06% | 4.12% | 4.14% | 4.25% | 4.33% |
| ▁▁▁▆██▇█ | Return on Assets (%) | 1.27% | 1.28% | 1.29% | 1.41% | 1.46% | 1.46% | 1.44% | 1.48% |
| ██▇▂▁▁▃▃ | Efficiency Ratio (%) | 58.8% | 58.8% | 58.1% | 55.3% | 54.4% | 54.3% | 55.8% | 56.0% |
| █▆▁▂▄▃▁▁ | Cost of Funds (%) | 1.16% | 1.11% | 1.01% | 1.03% | 1.09% | 1.06% | 1.01% | 1.01% |
| ▃▁▁▁▁▂▁█ | NPA / Assets (%) | 0.06% | 0.00% | 0.00% | 0.00% | 0.01% | 0.03% | 0.02% | 0.19% |
| ▃▁▁▁▁▂▁█ | Net Charge-Off Ratio (%) | 0.09% | 0.00% | 0.00% | 0.00% | 0.02% | 0.04% | 0.04% | 0.31% |
| ▁▁▂▄▇█▇█ | Tang. Book Value ($M) | $66 | $65 | $68 | $71 | $75 | $77 | $76 | $77 |
| ▁▂▃▆▅▇▇█ | Gross Loans ($M) | $427 | $445 | $447 | $476 | $468 | $486 | $483 | $502 |
| ▁▂█▇▅██▇ | Total Deposits ($M) | $657 | $670 | $740 | $724 | $706 | $733 | $741 | $727 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 4% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 1% |