Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.30 | 0.58% |
| Return on Equity (%) | ▲ | 9.16% | +2.85 | 6.31% |
| Net Interest Margin (%) | ▲ | 2.27% | +0.35 | 1.92% |
| Efficiency Ratio (%) | ▲ | 59.67% | -8.99 | 68.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.40 | $1 |
| Cost of Funds (%) | ▲ | 3.21% | -0.20 | 3.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $558 | +15.26 | $543 |
| Gross Loans ($M) | ▲ | $446 | +22.57 | $423 |
| Loan Growth YoY (%) | ▲ | 94.71% | +2.46 | 92.25% |
| Total Deposits ($M) | ▲ | $466 | +12.26 | $454 |
| Shareholders Equity ($M) | ▲ | $54 | +3.44 | $51 |
| Tang. Book Value ($M) | ▲ | $54 | +3.44 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +3.54 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 94.71% | +2.46 | 92.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.13% | +1.01 | 0.12% |
| Allowance / Loans (%) | — | 1.02% | -0.10% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 1.42% | +1.26 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.46 | 11.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 1.83% | 1.87% | 1.86% | 1.92% | 1.95% | 2.02% | 2.26% | 2.27% |
| ▃▅▁▁▂▄██ | Return on Assets (%) | 0.63% | 0.73% | 0.54% | 0.58% | 0.61% | 0.68% | 0.89% | 0.88% |
| ▆▆██▇▄▁▁ | Efficiency Ratio (%) | 67.2% | 67.0% | 69.8% | 68.7% | 68.1% | 64.6% | 59.5% | 59.7% |
| ██▅▅▄▂▁▁ | Cost of Funds (%) | 3.58% | 3.61% | 3.41% | 3.40% | 3.36% | 3.27% | 3.17% | 3.21% |
| ▁▁▁▁▅▁▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.08% | 0.12% | 0.57% | 0.13% | 0.72% | 1.13% |
| ▁▁▁▁▅▁▆█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.10% | 0.16% | 0.73% | 0.17% | 0.90% | 1.42% |
| ▃▁▃▃▆█▇█ | Tang. Book Value ($M) | $51 | $49 | $51 | $51 | $53 | $54 | $53 | $54 |
| ▅▆▆▁▃███ | Gross Loans ($M) | $438 | $440 | $440 | $423 | $431 | $449 | $447 | $446 |
| ▃▁▄▁▂█▆▅ | Total Deposits ($M) | $461 | $456 | $464 | $454 | $459 | $478 | $471 | $466 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 20% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 28% |