Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.04% | -0.09 | 1.13% |
| Return on Equity (%) | ▼ | 7.83% | -1.89 | 9.72% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.26 | 4.19% |
| Efficiency Ratio (%) | ▼ | 65.43% | +4.12 | 61.31% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.42 | $2 |
| Cost of Funds (%) | ▲ | 1.74% | -0.26 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $417 | -19.46 | $437 |
| Gross Loans ($M) | ▼ | $369 | -14.12 | $383 |
| Loan Growth YoY (%) | ▼ | 102.39% | -11.86 | 114.26% |
| Total Deposits ($M) | ▲ | $354 | +24.49 | $330 |
| Shareholders Equity ($M) | ▲ | $55 | +3.49 | $52 |
| Tang. Book Value ($M) | ▲ | $55 | +3.49 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +3.45 | $53 |
| Loan / Deposit Ratio (%) | ▼ | 102.39% | -11.86 | 114.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.83% | +0.60 | 0.23% |
| Allowance / Loans (%) | — | 1.82% | 0.04% | 1.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.93% | +0.67 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.70% | +1.48 | 14.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆██ | Net Interest Margin (%) | 3.87% | 3.87% | 4.02% | 4.19% | 4.18% | 4.25% | 4.43% | 4.45% |
| ▁▁▃▇▇█▅▄ | Return on Assets (%) | 0.90% | 0.92% | 0.98% | 1.13% | 1.11% | 1.17% | 1.04% | 1.04% |
| ▇▅▇▁▂▁██ | Efficiency Ratio (%) | 64.7% | 63.8% | 64.5% | 61.3% | 61.5% | 60.9% | 65.6% | 65.4% |
| █▆▃▄▆▄▁▁ | Cost of Funds (%) | 2.35% | 2.16% | 1.95% | 2.00% | 2.20% | 2.01% | 1.75% | 1.74% |
| ▁▂▁▁▂█▃▆ | NPA / Assets (%) | 0.18% | 0.41% | 0.24% | 0.23% | 0.35% | 1.17% | 0.49% | 0.83% |
| ▁▃▂▁▂█▃▆ | Net Charge-Off Ratio (%) | 0.10% | 0.48% | 0.27% | 0.26% | 0.40% | 1.37% | 0.57% | 0.93% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $49 | $50 | $51 | $52 | $53 | $54 | $54 | $55 |
| █▇▆██▃▁▅ | Gross Loans ($M) | $389 | $378 | $372 | $383 | $388 | $355 | $342 | $369 |
| ▆█▃▁▃▅▄▆ | Total Deposits ($M) | $355 | $366 | $343 | $330 | $341 | $348 | $346 | $354 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 9% |
| Agricultural | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 14% |