Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.40% | -0.56 | 1.96% |
| Return on Equity (%) | ▼ | 9.48% | -3.99 | 13.47% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.01 | 4.34% |
| Efficiency Ratio (%) | ▼ | 66.29% | +8.99 | 57.30% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $2 |
| Cost of Funds (%) | ▼ | 1.33% | +0.01 | 1.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $340 | +9.20 | $331 |
| Gross Loans ($M) | ▲ | $257 | +12.36 | $244 |
| Loan Growth YoY (%) | ▲ | 88.97% | +2.34 | 86.63% |
| Total Deposits ($M) | ▲ | $286 | +6.21 | $280 |
| Shareholders Equity ($M) | ▲ | $52 | +2.90 | $49 |
| Tang. Book Value ($M) | ▲ | $52 | +2.90 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +2.67 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 88.97% | +2.34 | 86.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.80 | 1.11% |
| Allowance / Loans (%) | — | 0.96% | 0.07% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -1.28 | 1.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.61% | -0.17 | 18.77% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▄▆██▁▆ | Net Interest Margin (%) | 4.34% | 4.30% | 4.26% | 4.34% | 4.41% | 4.41% | 4.16% | 4.34% |
| ██████▁▅ | Return on Assets (%) | 1.91% | 1.82% | 1.91% | 1.96% | 1.92% | 1.91% | 0.65% | 1.40% |
| ▁▁▁▁▁▁█▃ | Efficiency Ratio (%) | 56.4% | 57.8% | 58.7% | 57.3% | 55.7% | 56.6% | 84.5% | 66.3% |
| ▁█▄▂▂▇▁▃ | Cost of Funds (%) | 1.31% | 1.38% | 1.33% | 1.32% | 1.32% | 1.37% | 1.30% | 1.33% |
| ▁▃▃█▃▂▆▂ | NPA / Assets (%) | 0.06% | 0.39% | 0.37% | 1.11% | 0.37% | 0.27% | 0.74% | 0.31% |
| ▁▃▃█▃▁▅▂ | Net Charge-Off Ratio (%) | 0.09% | 0.51% | 0.52% | 1.50% | 0.48% | 0.03% | 0.87% | 0.23% |
| ▁▁▃▄▇▇▇█ | Tang. Book Value ($M) | $47 | $47 | $49 | $49 | $51 | $51 | $51 | $52 |
| ▁▅▁▄▆█▅█ | Gross Loans ($M) | $236 | $246 | $237 | $244 | $251 | $256 | $249 | $257 |
| ▁▂▄▃▁▅█▄ | Total Deposits ($M) | $270 | $276 | $284 | $280 | $271 | $288 | $305 | $286 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 3% |
| Agricultural | 13% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 6% |