Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.98% | -0.10 | 1.09% |
| Return on Equity (%) | ▼ | 10.77% | -1.09 | 11.86% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.08 | 3.95% |
| Efficiency Ratio (%) | ▼ | 65.48% | +0.85 | 64.63% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.38 | $4 |
| Cost of Funds (%) | ▲ | 2.36% | -0.22 | 2.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,140 | +82.04 | $1,058 |
| Gross Loans ($M) | ▲ | $934 | +62.66 | $872 |
| Loan Growth YoY (%) | ▼ | 93.49% | -0.94 | 94.43% |
| Total Deposits ($M) | ▲ | $988 | +75.18 | $913 |
| Shareholders Equity ($M) | ▲ | $104 | +7.65 | $96 |
| Tang. Book Value ($M) | ▲ | $104 | +7.66 | $96 |
| TBV excl. AOCI ($M)** | ▲ | $108 | +8.78 | $99 |
| Loan / Deposit Ratio (%) | ▼ | 93.49% | -0.94 | 94.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.93% | -0.01 | 0.95% |
| Allowance / Loans (%) | — | 1.16% | 0.03% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 1.09% | -0.03 | 1.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▂▅▇█▅█ | Net Interest Margin (%) | 3.85% | 3.90% | 3.89% | 3.95% | 3.99% | 4.02% | 3.95% | 4.03% |
| ██▅█▅▃▁▂ | Return on Assets (%) | 1.09% | 1.09% | 1.03% | 1.09% | 1.03% | 1.01% | 0.95% | 0.98% |
| ▃▄▆▃▁▁█▅ | Efficiency Ratio (%) | 64.5% | 65.2% | 65.8% | 64.6% | 63.7% | 63.7% | 66.8% | 65.5% |
| ██▄▅▆▄▁▁ | Cost of Funds (%) | 2.76% | 2.71% | 2.54% | 2.58% | 2.62% | 2.53% | 2.39% | 2.36% |
| ██▃█▃▁▆█ | NPA / Assets (%) | 0.93% | 0.95% | 0.72% | 0.95% | 0.73% | 0.62% | 0.83% | 0.93% |
| ▇█▃█▃▁▅█ | Net Charge-Off Ratio (%) | 1.07% | 1.11% | 0.87% | 1.12% | 0.89% | 0.76% | 0.97% | 1.09% |
| ▁▁▃▄▆▆▇█ | Tang. Book Value ($M) | $92 | $91 | $94 | $96 | $99 | $101 | $102 | $104 |
| ▁▁▃▅▅▆██ | Gross Loans ($M) | $803 | $818 | $836 | $872 | $884 | $898 | $919 | $934 |
| ▁▂▃▅▆▆██ | Total Deposits ($M) | $828 | $852 | $879 | $913 | $929 | $947 | $970 | $988 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 18% |