Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.12 | 0.90% |
| Return on Equity (%) | ▲ | 11.61% | +0.04 | 11.57% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.38 | 3.16% |
| Efficiency Ratio (%) | ▲ | 66.38% | -4.16 | 70.54% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.03 | $2 |
| Cost of Funds (%) | ▲ | 1.93% | -0.19 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $614 | +7.66 | $606 |
| Gross Loans ($M) | ▼ | $425 | -17.60 | $443 |
| Loan Growth YoY (%) | ▼ | 83.75% | -9.34 | 93.09% |
| Total Deposits ($M) | ▲ | $501 | +30.91 | $471 |
| Shareholders Equity ($M) | ▲ | $55 | +6.57 | $49 |
| Tang. Book Value ($M) | ▲ | $50 | +6.69 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +7.78 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 83.75% | -9.34 | 93.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.06 | 0.67% |
| Allowance / Loans (%) | — | 1.21% | 0.15% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.63% | -0.28 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.66% | +1.15 | 12.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▄██ | Net Interest Margin (%) | 2.90% | 2.92% | 3.11% | 3.16% | 3.22% | 3.24% | 3.62% | 3.55% |
| ▁▂▄▆▆▇██ | Return on Assets (%) | 0.66% | 0.73% | 0.82% | 0.90% | 0.93% | 0.94% | 1.01% | 1.02% |
| ██▆▅▅▅▁▃ | Efficiency Ratio (%) | 77.1% | 75.6% | 72.0% | 70.5% | 70.4% | 70.0% | 62.2% | 66.4% |
| █▇█▆█▄▁▁ | Cost of Funds (%) | 2.22% | 2.17% | 2.20% | 2.12% | 2.19% | 2.04% | 1.94% | 1.93% |
| ▁▁▅▅▅█▅▅ | NPA / Assets (%) | 0.21% | 0.25% | 0.70% | 0.67% | 0.72% | 1.04% | 0.72% | 0.72% |
| ▁▁▅▅▅█▆▃ | Net Charge-Off Ratio (%) | 0.25% | 0.30% | 0.95% | 0.91% | 0.99% | 1.48% | 1.03% | 0.63% |
| ▄▁▂▃▆▇▇█ | Tang. Book Value ($M) | $44 | $40 | $42 | $43 | $47 | $48 | $48 | $50 |
| ▁██▆▅▄▁▁ | Gross Loans ($M) | $423 | $449 | $450 | $443 | $439 | $434 | $426 | $425 |
| ▁▃▄▃▁▇██ | Total Deposits ($M) | $456 | $468 | $475 | $471 | $459 | $494 | $496 | $501 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 7% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |