Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.25 | 0.98% |
| Return on Equity (%) | ▲ | 13.74% | +1.79 | 11.95% |
| Net Interest Margin (%) | ▲ | 2.88% | +0.35 | 2.53% |
| Efficiency Ratio (%) | ▲ | 54.93% | -6.56 | 61.48% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.38 | $2 |
| Cost of Funds (%) | ▲ | 2.48% | -0.30 | 2.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $618 | +16.41 | $602 |
| Gross Loans ($M) | ▲ | $507 | +7.97 | $499 |
| Loan Growth YoY (%) | ▼ | 90.00% | -4.72 | 94.72% |
| Total Deposits ($M) | ▲ | $557 | +36.61 | $521 |
| Shareholders Equity ($M) | ▲ | $57 | +5.21 | $52 |
| Tang. Book Value ($M) | ▲ | $57 | +5.21 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +5.85 | $56 |
| Loan / Deposit Ratio (%) | ▼ | 90.00% | -4.72 | 94.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.32% | +0.61 | 0.71% |
| Allowance / Loans (%) | — | 1.16% | -0.10% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 1.45% | +0.59 | 0.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.07% | +0.27 | 10.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.04% | 2.11% | 2.39% | 2.53% | 2.54% | 2.59% | 2.78% | 2.88% |
| ▁▂▄▆▆▇▇█ | Return on Assets (%) | 0.45% | 0.59% | 0.78% | 0.98% | 0.96% | 1.06% | 1.06% | 1.22% |
| █▇▅▃▃▂▁▁ | Efficiency Ratio (%) | 74.4% | 70.9% | 66.4% | 61.5% | 61.4% | 59.1% | 57.2% | 54.9% |
| █▇▅▄▄▃▁▂ | Cost of Funds (%) | 3.23% | 3.04% | 2.87% | 2.79% | 2.75% | 2.59% | 2.37% | 2.48% |
| ▁▁▂▄▄▆▆█ | NPA / Assets (%) | 0.18% | 0.31% | 0.43% | 0.71% | 0.64% | 0.92% | 0.90% | 1.32% |
| ▁▁▂▅▄▇▄█ | Net Charge-Off Ratio (%) | 0.22% | 0.24% | 0.40% | 0.85% | 0.79% | 1.16% | 0.77% | 1.45% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $49 | $49 | $50 | $52 | $54 | $55 | $55 | $57 |
| ▅█▆▁▁▁▁▄ | Gross Loans ($M) | $512 | $521 | $514 | $499 | $497 | $498 | $498 | $507 |
| ▃▄▃▁▅▇█▅ | Total Deposits ($M) | $538 | $545 | $541 | $521 | $553 | $569 | $580 | $557 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 14% |
| Agricultural | 7% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 23% |