Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.35 | 0.96% |
| Return on Equity (%) | ▲ | 13.57% | +2.50 | 11.07% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.46 | 3.89% |
| Efficiency Ratio (%) | ▲ | 50.75% | -6.92 | 57.67% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.72 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.32 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $447 | -5.25 | $452 |
| Gross Loans ($M) | ▼ | $344 | -3.37 | $347 |
| Loan Growth YoY (%) | ▲ | 90.69% | +2.43 | 88.26% |
| Total Deposits ($M) | ▼ | $376 | -14.10 | $390 |
| Shareholders Equity ($M) | ▲ | $45 | +4.03 | $41 |
| Tang. Book Value ($M) | ▲ | $43 | +4.22 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +4.13 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 90.69% | +2.43 | 88.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.44% | -0.39 | 0.84% |
| Allowance / Loans (%) | — | 0.71% | -0.01% | 0.71% |
| Net Charge-Off Ratio (%) | ▲ | 0.58% | -0.52 | 1.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.61% | +1.01 | 10.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▃▃██ | Net Interest Margin (%) | 3.66% | 3.69% | 3.84% | 3.89% | 3.91% | 3.92% | 4.28% | 4.35% |
| ▁▁▁▁▂▂█▇ | Return on Assets (%) | 0.92% | 0.91% | 0.95% | 0.96% | 1.02% | 0.98% | 1.39% | 1.30% |
| ██▆▆▅▆▁▁ | Efficiency Ratio (%) | 61.8% | 61.3% | 58.1% | 57.7% | 56.8% | 58.2% | 51.8% | 50.8% |
| ▅▇▄▅▆█▁▁ | Cost of Funds (%) | 2.02% | 2.11% | 1.95% | 2.03% | 2.04% | 2.23% | 1.73% | 1.71% |
| ▇█▅▄▅▆▅▁ | NPA / Assets (%) | 1.30% | 1.44% | 1.00% | 0.84% | 1.05% | 1.18% | 1.00% | 0.44% |
| ▇█▅▄▅▆▅▁ | Net Charge-Off Ratio (%) | 1.74% | 1.93% | 1.36% | 1.09% | 1.36% | 1.51% | 1.29% | 0.58% |
| ▁▁▂▄▆▅▇█ | Tang. Book Value ($M) | $36 | $35 | $37 | $39 | $40 | $40 | $41 | $43 |
| ▃▁▂▆█▆▇▅ | Gross Loans ($M) | $337 | $329 | $333 | $347 | $356 | $350 | $351 | $344 |
| ▁▄▇▆█▅▄▃ | Total Deposits ($M) | $367 | $382 | $394 | $390 | $399 | $383 | $379 | $376 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 11% |
| Agricultural | 14% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 7% |