Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.05 | 1.87% |
| Return on Equity (%) | ▼ | 18.16% | -0.86 | 19.02% |
| Net Interest Margin (%) | ▲ | 4.91% | +0.25 | 4.67% |
| Efficiency Ratio (%) | ▲ | 40.51% | -2.65 | 43.16% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.63 | $3 |
| Cost of Funds (%) | ▲ | 1.91% | -0.40 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $593 | +36.04 | $557 |
| Gross Loans ($M) | ▲ | $478 | +23.92 | $454 |
| Loan Growth YoY (%) | ▲ | 97.66% | +5.92 | 91.74% |
| Total Deposits ($M) | ▼ | $481 | -6.79 | $487 |
| Shareholders Equity ($M) | ▲ | $63 | +7.33 | $55 |
| Tang. Book Value ($M) | ▲ | $60 | +7.72 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +8.73 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 97.66% | +5.92 | 91.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.28% | +1.52 | 0.76% |
| Allowance / Loans (%) | — | 1.83% | 0.28% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 2.47% | +1.56 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▄▁▁▁▇▅ | Net Interest Margin (%) | 5.13% | 5.03% | 4.84% | 4.67% | 4.67% | 4.68% | 5.03% | 4.91% |
| ▆▂█▄▃▁█▆ | Return on Assets (%) | 1.92% | 1.79% | 1.99% | 1.87% | 1.81% | 1.74% | 2.01% | 1.91% |
| ▇█▂▄▄▅▁▂ | Efficiency Ratio (%) | 48.2% | 50.1% | 41.3% | 43.2% | 43.6% | 45.5% | 38.6% | 40.5% |
| ▄█▄▆▇▅▂▁ | Cost of Funds (%) | 2.17% | 2.53% | 2.20% | 2.31% | 2.40% | 2.27% | 2.04% | 1.91% |
| ▁▁▁▂▂▃▄█ | NPA / Assets (%) | 0.49% | 0.39% | 0.37% | 0.76% | 0.75% | 1.03% | 1.21% | 2.28% |
| ▁▁▁▂▂▄▃█ | Net Charge-Off Ratio (%) | 0.56% | 0.45% | 0.43% | 0.91% | 0.89% | 1.27% | 1.11% | 2.47% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $50 | $48 | $51 | $52 | $54 | $56 | $58 | $60 |
| ▁▁▄▅█▅▆█ | Gross Loans ($M) | $424 | $421 | $448 | $454 | $472 | $451 | $459 | $478 |
| ▁▁▇▇█▆█▆ | Total Deposits ($M) | $400 | $409 | $486 | $487 | $509 | $479 | $499 | $481 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 7% |
| Agricultural | 28% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 38% |