Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.34 | 1.29% |
| Return on Equity (%) | ▲ | 19.25% | +2.91 | 16.34% |
| Net Interest Margin (%) | ▲ | 3.17% | +0.40 | 2.78% |
| Efficiency Ratio (%) | ▲ | 50.24% | -4.84 | 55.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.17 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $400 | +9.98 | $390 |
| Gross Loans ($M) | ▲ | $236 | +10.97 | $225 |
| Loan Growth YoY (%) | ▲ | 63.62% | +1.59 | 62.03% |
| Total Deposits ($M) | ▲ | $366 | +8.27 | $358 |
| Shareholders Equity ($M) | ▲ | $33 | +1.62 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +1.62 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +2.16 | $38 |
| Loan / Deposit Ratio (%) | ▲ | 63.62% | +1.59 | 62.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.07 | 0.15% |
| Allowance / Loans (%) | — | 1.25% | -0.05% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.09 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.22% | -0.32 | 17.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.64% | 2.66% | 2.63% | 2.78% | 2.88% | 2.94% | 3.08% | 3.17% |
| ▃▂▁▃▄▅▅█ | Return on Assets (%) | 1.33% | 1.27% | 1.17% | 1.29% | 1.36% | 1.40% | 1.45% | 1.63% |
| ▆██▆▆▅▂▁ | Efficiency Ratio (%) | 55.1% | 56.4% | 56.9% | 55.1% | 54.6% | 54.1% | 51.5% | 50.2% |
| █▆▅██▁▁▄ | Cost of Funds (%) | 1.92% | 1.82% | 1.79% | 1.90% | 1.92% | 1.63% | 1.66% | 1.74% |
| █▄▅▃▃▃▂▁ | NPA / Assets (%) | 0.27% | 0.17% | 0.20% | 0.15% | 0.14% | 0.14% | 0.12% | 0.08% |
| █▄▅▃▃▃▂▁ | Net Charge-Off Ratio (%) | 0.47% | 0.31% | 0.35% | 0.24% | 0.24% | 0.24% | 0.21% | 0.14% |
| ▂▁▄▅████ | Tang. Book Value ($M) | $31 | $30 | $31 | $32 | $34 | $34 | $34 | $33 |
| ▁▃▅▅▅▇██ | Gross Loans ($M) | $211 | $219 | $225 | $225 | $226 | $232 | $235 | $236 |
| ▂▅█▆▁▆██ | Total Deposits ($M) | $342 | $352 | $367 | $358 | $335 | $356 | $367 | $366 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 12% |