Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.18 | 0.93% |
| Return on Equity (%) | ▲ | 12.55% | +1.48 | 11.07% |
| Net Interest Margin (%) | ▲ | 3.64% | +0.12 | 3.52% |
| Efficiency Ratio (%) | ▲ | 57.47% | -2.75 | 60.22% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.14 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $421 | +29.39 | $392 |
| Gross Loans ($M) | ▲ | $282 | +14.58 | $267 |
| Loan Growth YoY (%) | ▼ | 75.57% | -1.48 | 77.06% |
| Total Deposits ($M) | ▲ | $369 | +25.45 | $344 |
| Shareholders Equity ($M) | ▲ | $39 | +5.48 | $33 |
| Tang. Book Value ($M) | ▲ | $38 | +5.49 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +5.73 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 75.57% | -1.48 | 77.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.30 | 0.42% |
| Allowance / Loans (%) | — | 0.96% | 0.11% | 0.84% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.44 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇▇▇▇█ | Net Interest Margin (%) | 3.15% | 3.24% | 3.46% | 3.52% | 3.55% | 3.58% | 3.53% | 3.64% |
| ▁▂▄▃▄▄▆█ | Return on Assets (%) | 0.85% | 0.89% | 0.98% | 0.93% | 0.95% | 0.96% | 1.04% | 1.11% |
| █▇▆▄▃▂▂▁ | Efficiency Ratio (%) | 63.6% | 62.5% | 61.6% | 60.2% | 59.7% | 58.7% | 58.7% | 57.5% |
| █▆▂▄▄▁▁▁ | Cost of Funds (%) | 2.10% | 1.98% | 1.83% | 1.90% | 1.91% | 1.78% | 1.75% | 1.75% |
| ▅▅█▄▂▁▁▁ | NPA / Assets (%) | 0.45% | 0.51% | 0.75% | 0.42% | 0.21% | 0.18% | 0.19% | 0.11% |
| ▅▅█▄▂▁▂▁ | Net Charge-Off Ratio (%) | 0.67% | 0.72% | 1.09% | 0.61% | 0.31% | 0.28% | 0.29% | 0.17% |
| ▁▁▂▂▅▆██ | Tang. Book Value ($M) | $32 | $31 | $33 | $33 | $35 | $36 | $38 | $38 |
| ▁▅▃▃▄▇▆█ | Gross Loans ($M) | $259 | $271 | $267 | $267 | $269 | $277 | $274 | $282 |
| ▁▁▃▂▂██▆ | Total Deposits ($M) | $333 | $334 | $346 | $344 | $341 | $383 | $380 | $369 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 14% |
| Agricultural | 10% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 20% |