Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.65% | +0.12 | 1.53% |
| Return on Equity (%) | ▼ | 9.03% | -0.04 | 9.07% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.22 | 3.95% |
| Efficiency Ratio (%) | ▲ | 52.36% | -0.71 | 53.07% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.06 | $3 |
| Cost of Funds (%) | ▲ | 1.19% | -0.14 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $537 | +24.39 | $513 |
| Gross Loans ($M) | ▼ | $336 | -6.55 | $342 |
| Loan Growth YoY (%) | ▼ | 80.21% | -5.18 | 85.39% |
| Total Deposits ($M) | ▲ | $414 | +17.17 | $396 |
| Shareholders Equity ($M) | ▲ | $99 | +9.82 | $89 |
| Tang. Book Value ($M) | ▲ | $95 | +9.82 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $101 | +9.25 | $91 |
| Loan / Deposit Ratio (%) | ▼ | 80.21% | -5.18 | 85.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.02 | 0.15% |
| Allowance / Loans (%) | — | 1.22% | 0.09% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.03 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▇██ | Net Interest Margin (%) | 3.51% | 3.60% | 3.91% | 3.95% | 3.98% | 4.06% | 4.19% | 4.17% |
| ▁▂▅▆▆▇██ | Return on Assets (%) | 1.21% | 1.30% | 1.49% | 1.53% | 1.52% | 1.59% | 1.70% | 1.65% |
| █▇▃▃▃▂▁▂ | Efficiency Ratio (%) | 60.7% | 58.5% | 53.8% | 53.1% | 53.5% | 52.9% | 50.3% | 52.4% |
| █▆▄▄▃▂▁▁ | Cost of Funds (%) | 1.56% | 1.44% | 1.35% | 1.33% | 1.29% | 1.24% | 1.18% | 1.19% |
| ▁▃█▁▁▁▁▁ | NPA / Assets (%) | 0.09% | 0.48% | 1.40% | 0.15% | 0.21% | 0.19% | 0.23% | 0.17% |
| ▁▃█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.14% | 0.68% | 2.09% | 0.23% | 0.32% | 0.27% | 0.35% | 0.20% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $78 | $79 | $82 | $85 | $88 | $91 | $93 | $95 |
| ▁▆▄▃▂█▄▂ | Gross Loans ($M) | $326 | $356 | $345 | $342 | $335 | $372 | $348 | $336 |
| ▁▂▄▃▂▄▇█ | Total Deposits ($M) | $391 | $395 | $400 | $396 | $395 | $400 | $408 | $414 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 7% |
| Agricultural | 40% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 7% |