Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.00% | -0.06 | 1.07% |
| Return on Equity (%) | ▼ | 11.37% | -0.93 | 12.30% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.10 | 3.64% |
| Efficiency Ratio (%) | ▲ | 61.07% | -2.14 | 63.21% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.79% | -0.33 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $554 | +54.37 | $499 |
| Gross Loans ($M) | ▲ | $399 | +11.17 | $388 |
| Loan Growth YoY (%) | ▼ | 78.48% | -6.38 | 84.86% |
| Total Deposits ($M) | ▲ | $502 | +50.13 | $452 |
| Shareholders Equity ($M) | ▲ | $49 | +3.94 | $45 |
| Tang. Book Value ($M) | ▲ | $49 | +3.94 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +5.80 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 78.48% | -6.38 | 84.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.30 | 0.04% |
| Allowance / Loans (%) | — | 1.26% | 0.13% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 0.48% | +0.42 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.34% | +0.50 | 12.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▆▇█ | Net Interest Margin (%) | 3.54% | 3.53% | 3.52% | 3.64% | 3.67% | 3.67% | 3.69% | 3.75% |
| ██▅▇▆▆▁▆ | Return on Assets (%) | 1.14% | 1.11% | 0.98% | 1.07% | 1.02% | 1.01% | 0.77% | 1.00% |
| ▁▁█▇███▅ | Efficiency Ratio (%) | 57.4% | 58.1% | 63.8% | 63.2% | 64.1% | 63.6% | 64.3% | 61.1% |
| ██▆▇▃▄▁▁ | Cost of Funds (%) | 2.23% | 2.19% | 2.10% | 2.12% | 1.90% | 1.97% | 1.81% | 1.79% |
| ▁█▆▁▁▁▅▆ | NPA / Assets (%) | 0.03% | 0.51% | 0.38% | 0.04% | 0.08% | 0.05% | 0.32% | 0.34% |
| ▁█▆▁▁▁▅▆ | Net Charge-Off Ratio (%) | 0.04% | 0.69% | 0.51% | 0.05% | 0.11% | 0.07% | 0.42% | 0.48% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $44 | $44 | $45 | $45 | $47 | $48 | $48 | $49 |
| ▁▅▅▅▇▅▇█ | Gross Loans ($M) | $372 | $387 | $387 | $388 | $393 | $387 | $396 | $399 |
| ▁▂▁▂▄█▄▇ | Total Deposits ($M) | $438 | $459 | $444 | $452 | $480 | $523 | $471 | $502 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 17% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |