Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.80% | +0.23 | 1.57% |
| Return on Equity (%) | ▲ | 14.66% | +0.77 | 13.89% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.21 | 4.17% |
| Efficiency Ratio (%) | ▲ | 48.79% | -3.48 | 52.28% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.37 | $3 |
| Cost of Funds (%) | ▲ | 1.38% | -0.00 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $662 | +46.86 | $615 |
| Gross Loans ($M) | ▲ | $502 | +9.61 | $492 |
| Loan Growth YoY (%) | ▼ | 88.71% | -3.85 | 92.55% |
| Total Deposits ($M) | ▲ | $559 | +33.57 | $525 |
| Shareholders Equity ($M) | ▲ | $82 | +10.52 | $72 |
| Tang. Book Value ($M) | ▲ | $81 | +10.66 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +10.11 | $75 |
| Loan / Deposit Ratio (%) | ▼ | 88.71% | -3.85 | 92.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.07 | 0.33% |
| Allowance / Loans (%) | — | 1.17% | -0.02% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.34% | -0.08 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.52% | +1.72 | 14.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▅█▇ | Net Interest Margin (%) | 3.74% | 3.78% | 4.02% | 4.17% | 4.21% | 4.23% | 4.54% | 4.38% |
| ▁▂▂▄▅▇██ | Return on Assets (%) | 1.38% | 1.45% | 1.46% | 1.57% | 1.64% | 1.71% | 1.78% | 1.80% |
| ▄▂█▅▃▁▂▁ | Efficiency Ratio (%) | 51.8% | 50.3% | 54.9% | 52.3% | 50.7% | 49.1% | 49.6% | 48.8% |
| ██▅▃▄▄▁▃ | Cost of Funds (%) | 1.61% | 1.57% | 1.48% | 1.39% | 1.40% | 1.40% | 1.26% | 1.38% |
| ▃▄▁▇▆█▃▁ | NPA / Assets (%) | 0.28% | 0.29% | 0.25% | 0.33% | 0.31% | 0.35% | 0.28% | 0.26% |
| ▄▄▁▇▆█▄▂ | Net Charge-Off Ratio (%) | 0.36% | 0.37% | 0.31% | 0.41% | 0.39% | 0.43% | 0.37% | 0.34% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $63 | $65 | $68 | $70 | $73 | $77 | $79 | $81 |
| ▁▂▃▄▇██▆ | Gross Loans ($M) | $476 | $482 | $486 | $492 | $507 | $513 | $510 | $502 |
| ▁▁▃▄▄▃██ | Total Deposits ($M) | $501 | $498 | $515 | $525 | $528 | $518 | $558 | $559 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 49% |
| C&I / Commercial | 6% |
| Agricultural | 44% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |