Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.31% | +0.28 | 2.03% |
| Return on Equity (%) | ▲ | 18.34% | +0.21 | 18.13% |
| Net Interest Margin (%) | ▲ | 5.08% | +0.59 | 4.49% |
| Efficiency Ratio (%) | ▲ | 39.52% | -4.39 | 43.91% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.93 | $4 |
| Cost of Funds (%) | ▲ | 1.49% | -0.04 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $639 | +44.46 | $594 |
| Gross Loans ($M) | ▲ | $515 | +64.47 | $450 |
| Loan Growth YoY (%) | ▲ | 93.32% | +6.53 | 86.79% |
| Total Deposits ($M) | ▲ | $546 | +32.24 | $513 |
| Shareholders Equity ($M) | ▲ | $82 | +12.70 | $69 |
| Tang. Book Value ($M) | ▲ | $81 | +12.76 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $86 | +11.78 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 93.32% | +6.53 | 86.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.05% | +0.63 | 0.41% |
| Allowance / Loans (%) | — | 1.08% | 0.04% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 1.30% | +0.75 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 4.04% | 4.09% | 4.39% | 4.49% | 4.61% | 4.70% | 5.07% | 5.08% |
| ▁▁▄▅▆▆██ | Return on Assets (%) | 1.69% | 1.70% | 1.94% | 2.03% | 2.11% | 2.08% | 2.27% | 2.31% |
| ██▇▆▅▄▁▁ | Efficiency Ratio (%) | 46.2% | 45.9% | 44.8% | 43.9% | 42.8% | 42.4% | 38.8% | 39.5% |
| █▆▄▄▃▂▁▃ | Cost of Funds (%) | 1.69% | 1.59% | 1.52% | 1.53% | 1.49% | 1.47% | 1.41% | 1.49% |
| ▁▃▃▃▃▂██ | NPA / Assets (%) | 0.03% | 0.40% | 0.42% | 0.41% | 0.42% | 0.20% | 1.08% | 1.05% |
| ▁▃▄▄▃▂██ | Net Charge-Off Ratio (%) | 0.04% | 0.53% | 0.57% | 0.55% | 0.55% | 0.26% | 1.40% | 1.30% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $62 | $62 | $66 | $69 | $73 | $76 | $78 | $81 |
| ▁▁▁▃▄▅▇█ | Gross Loans ($M) | $427 | $432 | $436 | $450 | $462 | $473 | $496 | $515 |
| ▁▁▃▃▄▄██ | Total Deposits ($M) | $496 | $499 | $516 | $513 | $519 | $517 | $549 | $546 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 4% |