Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.30 | 0.99% |
| Return on Equity (%) | ▲ | 16.69% | +2.67 | 14.02% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.44 | 3.07% |
| Efficiency Ratio (%) | ▲ | 50.46% | -7.70 | 58.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.57 | $2 |
| Cost of Funds (%) | ▲ | 1.82% | -0.29 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $508 | +79.43 | $429 |
| Gross Loans ($M) | ▲ | $230 | +28.61 | $201 |
| Loan Growth YoY (%) | ▼ | 61.92% | -5.79 | 67.71% |
| Total Deposits ($M) | ▲ | $366 | +72.53 | $293 |
| Shareholders Equity ($M) | ▲ | $38 | +5.95 | $32 |
| Tang. Book Value ($M) | ▲ | $38 | +5.95 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +6.47 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 61.92% | -5.79 | 67.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.22 | 0.27% |
| Allowance / Loans (%) | — | 1.50% | 0.11% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.46 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.63% | +0.63 | 11.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▃▄▅▇█ | Net Interest Margin (%) | 3.18% | 3.14% | 2.91% | 3.07% | 3.17% | 3.25% | 3.38% | 3.51% |
| ▅▅▁▃▄▅██ | Return on Assets (%) | 1.08% | 1.09% | 0.79% | 0.99% | 1.04% | 1.13% | 1.34% | 1.29% |
| ▅▅█▆▆▆▁▂ | Efficiency Ratio (%) | 55.7% | 55.5% | 61.7% | 58.2% | 58.0% | 57.3% | 48.8% | 50.5% |
| ▅██▆▅▄▂▁ | Cost of Funds (%) | 2.07% | 2.28% | 2.28% | 2.11% | 2.09% | 2.04% | 1.92% | 1.82% |
| ▇▆▇██▆▃▁ | NPA / Assets (%) | 0.23% | 0.21% | 0.23% | 0.27% | 0.28% | 0.21% | 0.13% | 0.05% |
| ▇▆▇██▆▃▁ | Net Charge-Off Ratio (%) | 0.47% | 0.41% | 0.48% | 0.56% | 0.57% | 0.41% | 0.25% | 0.10% |
| ▃▁▁▃▅▇██ | Tang. Book Value ($M) | $31 | $29 | $30 | $32 | $34 | $36 | $37 | $38 |
| ▁▁▂▃▄▆██ | Gross Loans ($M) | $187 | $189 | $195 | $201 | $206 | $215 | $228 | $230 |
| ▁▂▁▁▁▂▅█ | Total Deposits ($M) | $295 | $303 | $301 | $293 | $294 | $306 | $337 | $366 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 17% |
| Agricultural | 2% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 23% |