Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.25 | 0.85% |
| Return on Equity (%) | ▲ | 11.52% | +3.29 | 8.23% |
| Net Interest Margin (%) | ▼ | 2.57% | -0.11 | 2.68% |
| Efficiency Ratio (%) | ▲ | 53.73% | -1.93 | 55.66% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.86% | -0.39 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $550 | +88.54 | $461 |
| Gross Loans ($M) | ▼ | $196 | -2.97 | $199 |
| Loan Growth YoY (%) | ▼ | 38.70% | -8.97 | 47.68% |
| Total Deposits ($M) | ▲ | $499 | +87.94 | $411 |
| Shareholders Equity ($M) | ▲ | $49 | +0.57 | $48 |
| Tang. Book Value ($M) | ▲ | $49 | +0.57 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +2.02 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 38.70% | -8.97 | 47.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.10 | 0.12% |
| Allowance / Loans (%) | — | 1.37% | -0.02% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.57% | +0.30 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 24.96% | -0.21 | 25.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▃▃▂▁▁ | Net Interest Margin (%) | 2.88% | 2.91% | 2.69% | 2.68% | 2.68% | 2.64% | 2.58% | 2.57% |
| ██▂▁▁▂▄▅ | Return on Assets (%) | 1.27% | 1.32% | 0.92% | 0.85% | 0.90% | 0.94% | 1.07% | 1.10% |
| ▁▁█▇██▃▅ | Efficiency Ratio (%) | 50.1% | 50.1% | 56.7% | 55.7% | 55.9% | 56.2% | 52.2% | 53.7% |
| █▇▇▆█▆▄▁ | Cost of Funds (%) | 2.41% | 2.29% | 2.31% | 2.25% | 2.35% | 2.27% | 2.10% | 1.86% |
| █▃▁▁▄▂▄▃ | NPA / Assets (%) | 0.57% | 0.23% | 0.07% | 0.12% | 0.26% | 0.14% | 0.27% | 0.22% |
| █▃▁▁▄▂▄▃ | Net Charge-Off Ratio (%) | 1.29% | 0.56% | 0.17% | 0.28% | 0.60% | 0.35% | 0.65% | 0.57% |
| ▅▁▂▅█▅▅▇ | Tang. Book Value ($M) | $48 | $46 | $47 | $48 | $50 | $48 | $48 | $49 |
| ▆▄▄█▇█▁▆ | Gross Loans ($M) | $196 | $195 | $195 | $199 | $197 | $199 | $191 | $196 |
| ▁▃▁▂▁▅▄█ | Total Deposits ($M) | $390 | $423 | $399 | $411 | $395 | $445 | $433 | $499 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 16% |
| Agricultural | 10% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 88% |
| Brokered / Other | 2% |