Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.14 | 1.56% |
| Return on Equity (%) | ▼ | 19.81% | -0.46 | 20.27% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.23 | 4.09% |
| Efficiency Ratio (%) | ▲ | 54.58% | -2.65 | 57.23% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.61 | $3 |
| Cost of Funds (%) | ▲ | 1.33% | -0.20 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $717 | +55.70 | $661 |
| Gross Loans ($M) | ▲ | $438 | +64.90 | $373 |
| Loan Growth YoY (%) | ▲ | 67.10% | +5.60 | 61.50% |
| Total Deposits ($M) | ▲ | $649 | +46.01 | $603 |
| Shareholders Equity ($M) | ▲ | $62 | +9.63 | $52 |
| Tang. Book Value ($M) | ▲ | $57 | +10.57 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +10.10 | $57 |
| Loan / Deposit Ratio (%) | ▲ | 67.10% | +5.60 | 61.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.13 | 0.11% |
| Allowance / Loans (%) | — | 0.52% | -0.01% | 0.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.19 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.88% | -0.39 | 13.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.81% | 3.84% | 3.97% | 4.09% | 4.15% | 4.15% | 4.25% | 4.32% |
| ▁▂▅▆▇▇▇█ | Return on Assets (%) | 1.27% | 1.34% | 1.49% | 1.56% | 1.62% | 1.64% | 1.62% | 1.71% |
| █▇▄▃▂▂▂▁ | Efficiency Ratio (%) | 62.4% | 60.9% | 58.1% | 57.2% | 56.5% | 56.2% | 56.1% | 54.6% |
| █▆▃▄▄▂▁▁ | Cost of Funds (%) | 1.76% | 1.60% | 1.48% | 1.53% | 1.51% | 1.42% | 1.34% | 1.33% |
| █▂▁▂▄▁▂▅ | NPA / Assets (%) | 0.39% | 0.08% | 0.03% | 0.11% | 0.19% | 0.03% | 0.09% | 0.24% |
| █▂▁▂▄▁▂▅ | Net Charge-Off Ratio (%) | 0.71% | 0.14% | 0.06% | 0.20% | 0.34% | 0.05% | 0.15% | 0.39% |
| ▂▁▂▃▆▇██ | Tang. Book Value ($M) | $46 | $43 | $45 | $47 | $53 | $55 | $56 | $57 |
| ▁▃▁▂▂▇▆█ | Gross Loans ($M) | $357 | $378 | $356 | $373 | $373 | $418 | $410 | $438 |
| ▁▃▅▄▄▇▇█ | Total Deposits ($M) | $563 | $595 | $607 | $603 | $597 | $637 | $635 | $649 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 38% |
| C&I / Commercial | 10% |
| Agricultural | 48% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 12% |