Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.21 | 1.23% |
| Return on Equity (%) | ▲ | 13.03% | +1.14 | 11.89% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.36 | 3.63% |
| Efficiency Ratio (%) | ▲ | 54.30% | -0.84 | 55.15% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.38 | $2 |
| Cost of Funds (%) | ▲ | 1.11% | -0.32 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $524 | -6.10 | $530 |
| Gross Loans ($M) | ▼ | $351 | -21.05 | $372 |
| Loan Growth YoY (%) | ▼ | 74.87% | -5.04 | 79.91% |
| Total Deposits ($M) | ▲ | $463 | +2.73 | $460 |
| Shareholders Equity ($M) | ▲ | $59 | +1.98 | $57 |
| Tang. Book Value ($M) | ▲ | $48 | +2.26 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +1.95 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 74.87% | -5.04 | 79.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -0.55 | 0.82% |
| Allowance / Loans (%) | — | 1.27% | 0.10% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.40% | -0.76 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.64% | +1.07 | 12.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▆██ | Net Interest Margin (%) | 3.00% | 3.08% | 3.54% | 3.63% | 3.65% | 3.71% | 3.87% | 3.99% |
| ▁▁▅▆▆▆██ | Return on Assets (%) | 0.87% | 0.94% | 1.21% | 1.23% | 1.23% | 1.23% | 1.37% | 1.43% |
| █▇▁▂▃▃▂▁ | Efficiency Ratio (%) | 60.0% | 58.6% | 53.6% | 55.1% | 55.8% | 56.0% | 54.9% | 54.3% |
| █▆▃▅▅▃▁▁ | Cost of Funds (%) | 1.73% | 1.56% | 1.31% | 1.43% | 1.44% | 1.33% | 1.15% | 1.11% |
| ▁▁▁█▂▂▄▂ | NPA / Assets (%) | 0.17% | 0.16% | 0.18% | 0.82% | 0.28% | 0.32% | 0.41% | 0.27% |
| ▁▁▁█▂▂▄▂ | Net Charge-Off Ratio (%) | 0.27% | 0.24% | 0.26% | 1.17% | 0.40% | 0.45% | 0.62% | 0.40% |
| ▃▁▃▄▆███ | Tang. Book Value ($M) | $45 | $43 | $44 | $45 | $46 | $47 | $47 | $48 |
| ▂▅▆█▇█▃▁ | Gross Loans ($M) | $355 | $364 | $365 | $372 | $369 | $372 | $358 | $351 |
| █▄▅▁▃▂▄▁ | Total Deposits ($M) | $505 | $480 | $483 | $460 | $476 | $469 | $480 | $463 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 8% |
| Agricultural | 33% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 5% |