Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.19 | 0.78% |
| Return on Equity (%) | ▼ | 16.95% | -0.29 | 17.24% |
| Net Interest Margin (%) | ▲ | 3.10% | +0.22 | 2.88% |
| Efficiency Ratio (%) | ▲ | 67.62% | -5.77 | 73.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.36 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.29 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $492 | +23.36 | $468 |
| Gross Loans ($M) | ▼ | $247 | -1.81 | $249 |
| Loan Growth YoY (%) | ▼ | 63.50% | -2.18 | 65.69% |
| Total Deposits ($M) | ▲ | $385 | +10.15 | $375 |
| Shareholders Equity ($M) | ▲ | $28 | +6.43 | $22 |
| Tang. Book Value ($M) | ▲ | $19 | +6.69 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +7.04 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 63.50% | -2.18 | 65.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.73 | 0.98% |
| Allowance / Loans (%) | — | 0.90% | -0.02% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -1.34 | 1.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.36% | +0.78 | 12.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆████ | Net Interest Margin (%) | 2.38% | 2.47% | 2.78% | 2.88% | 3.03% | 3.03% | 3.08% | 3.10% |
| ▁▁▆▅▇▆██ | Return on Assets (%) | 0.44% | 0.44% | 0.87% | 0.78% | 0.92% | 0.80% | 1.01% | 0.98% |
| ██▃▄▃▄▁▂ | Efficiency Ratio (%) | 82.1% | 82.9% | 69.5% | 73.4% | 70.2% | 72.8% | 64.7% | 67.6% |
| ██▅▃▂▂▁▁ | Cost of Funds (%) | 2.53% | 2.53% | 2.12% | 1.96% | 1.88% | 1.84% | 1.74% | 1.67% |
| ▅▆██▁▁▁▁ | NPA / Assets (%) | 0.67% | 0.75% | 0.93% | 0.98% | 0.22% | 0.22% | 0.22% | 0.25% |
| ▆▆██▁▁▁▁ | Net Charge-Off Ratio (%) | 1.39% | 1.42% | 1.80% | 1.84% | 0.44% | 0.44% | 0.45% | 0.49% |
| █▁▃▁▇███ | Tang. Book Value ($M) | $18 | $11 | $13 | $12 | $18 | $19 | $18 | $19 |
| ██▆▄▁▄▁▃ | Gross Loans ($M) | $257 | $259 | $254 | $249 | $242 | $249 | $241 | $247 |
| █▃█▁▃▁▂▄ | Total Deposits ($M) | $401 | $383 | $401 | $375 | $382 | $376 | $379 | $385 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 8% |
| Agricultural | 20% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 11% |