Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.52% | +0.48 | 2.04% |
| Return on Equity (%) | ▲ | 25.59% | +5.35 | 20.24% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.27 | 3.99% |
| Efficiency Ratio (%) | ▲ | 40.15% | -8.33 | 48.48% |
| Pre-Provision Profit ($M) | ▲ | $7 | +2.11 | $5 |
| Cost of Funds (%) | ▲ | 2.23% | -0.09 | 2.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $985 | +145.15 | $839 |
| Gross Loans ($M) | ▲ | $890 | +146.76 | $744 |
| Loan Growth YoY (%) | ▲ | 111.90% | +8.06 | 103.84% |
| Total Deposits ($M) | ▲ | $788 | +78.36 | $710 |
| Shareholders Equity ($M) | ▲ | $93 | +10.33 | $83 |
| Tang. Book Value ($M) | ▲ | $93 | +10.33 | $83 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +10.04 | $86 |
| Loan / Deposit Ratio (%) | ▲ | 111.90% | +8.06 | 103.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.02 | 0.02% |
| Allowance / Loans (%) | — | 0.90% | 0.07% | 0.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.07 | 11.07% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▃▆▇▇█ | Net Interest Margin (%) | 3.97% | 3.97% | 3.88% | 3.99% | 4.13% | 4.19% | 4.18% | 4.26% |
| ▆▅▁▁▃▃██ | Return on Assets (%) | 2.34% | 2.31% | 2.02% | 2.04% | 2.15% | 2.17% | 2.47% | 2.52% |
| ▂▃██▇█▁▁ | Efficiency Ratio (%) | 42.0% | 42.9% | 48.5% | 48.5% | 47.3% | 47.5% | 39.9% | 40.1% |
| █▅▄▃▂▁▁▁ | Cost of Funds (%) | 2.66% | 2.46% | 2.40% | 2.33% | 2.30% | 2.22% | 2.19% | 2.23% |
| ▁▂▃▄▄▄██ | NPA / Assets (%) | 0.00% | 0.01% | 0.01% | 0.02% | 0.02% | 0.02% | 0.04% | 0.04% |
| ▁▂▃▄▃▄██ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.02% | 0.02% | 0.01% | 0.02% | 0.05% | 0.05% |
| ▁▁▃▃▄▆██ | Tang. Book Value ($M) | $79 | $80 | $83 | $83 | $86 | $88 | $92 | $93 |
| ▁▁▂▃▄▅▆█ | Gross Loans ($M) | $675 | $682 | $705 | $744 | $760 | $799 | $825 | $890 |
| ▁▃▂▃▄▆▇█ | Total Deposits ($M) | $669 | $706 | $692 | $710 | $724 | $753 | $763 | $788 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 20% |
| Agricultural | 7% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 11% |