Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.17% | -0.12 | 2.29% |
| Return on Equity (%) | ▼ | 16.94% | -2.39 | 19.33% |
| Net Interest Margin (%) | ▲ | 5.09% | +0.20 | 4.89% |
| Efficiency Ratio (%) | ▼ | 51.63% | +1.63 | 50.00% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.08 | $2 |
| Cost of Funds (%) | ▲ | 1.78% | -0.20 | 1.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $256 | +7.03 | $249 |
| Gross Loans ($M) | ▲ | $216 | +9.19 | $207 |
| Loan Growth YoY (%) | ▲ | 104.22% | +1.76 | 102.46% |
| Total Deposits ($M) | ▲ | $204 | +4.81 | $199 |
| Shareholders Equity ($M) | ▲ | $34 | +3.76 | $30 |
| Tang. Book Value ($M) | ▲ | $34 | +3.76 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.72 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 104.22% | +1.76 | 102.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.68% | +0.25 | 0.44% |
| Allowance / Loans (%) | — | 1.79% | 0.24% | 1.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.81% | +0.29 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.00% | +0.78 | 14.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▆██ | Net Interest Margin (%) | 4.45% | 4.51% | 4.80% | 4.89% | 4.94% | 4.93% | 5.10% | 5.09% |
| ▁▁▅▇▅▅█▅ | Return on Assets (%) | 1.86% | 1.91% | 2.20% | 2.29% | 2.20% | 2.18% | 2.41% | 2.17% |
| █▇▃▁▁▂▁▄ | Efficiency Ratio (%) | 54.9% | 54.0% | 51.0% | 50.0% | 49.9% | 50.2% | 49.4% | 51.6% |
| █▆▃▃▃▃▁▁ | Cost of Funds (%) | 2.40% | 2.16% | 1.96% | 1.98% | 1.96% | 1.91% | 1.73% | 1.78% |
| ▄▁▁▂▄█▄▃ | NPA / Assets (%) | 0.88% | 0.28% | 0.42% | 0.44% | 0.76% | 1.54% | 0.76% | 0.68% |
| ▄▁▁▁▃█▄▃ | Net Charge-Off Ratio (%) | 1.08% | 0.33% | 0.50% | 0.52% | 0.91% | 1.88% | 0.91% | 0.81% |
| ▁▂▂▄▅▇██ | Tang. Book Value ($M) | $27 | $28 | $29 | $30 | $31 | $32 | $33 | $34 |
| ▁▄▂▃███▇ | Gross Loans ($M) | $200 | $209 | $205 | $207 | $221 | $219 | $220 | $216 |
| ▁▆▆▃▆▄█▆ | Total Deposits ($M) | $195 | $205 | $205 | $199 | $204 | $201 | $209 | $204 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 15% |
| Agricultural | 28% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 17% |