Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.75 | 1.26% |
| Return on Equity (%) | ▲ | 21.86% | +7.44 | 14.42% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.09 | 4.06% |
| Efficiency Ratio (%) | ▲ | 49.83% | -8.88 | 58.71% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.01 | $2 |
| Cost of Funds (%) | ▲ | 2.52% | -0.30 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $454 | +49.48 | $404 |
| Gross Loans ($M) | ▲ | $348 | +25.29 | $323 |
| Loan Growth YoY (%) | ▼ | 84.05% | -3.05 | 87.11% |
| Total Deposits ($M) | ▲ | $410 | +43.11 | $367 |
| Shareholders Equity ($M) | ▲ | $42 | +5.84 | $36 |
| Tang. Book Value ($M) | ▲ | $39 | +5.77 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +5.86 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 84.05% | -3.05 | 87.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.41% | +0.17 | 2.24% |
| Allowance / Loans (%) | — | 1.04% | -0.01% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 2.59% | -0.09 | 2.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.47% | +0.19 | 11.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▅▇██▇ | Net Interest Margin (%) | 3.93% | 3.97% | 3.85% | 4.06% | 4.16% | 4.22% | 4.20% | 4.14% |
| ▁▁▁▁▂▂█▅ | Return on Assets (%) | 1.14% | 1.20% | 1.07% | 1.26% | 1.33% | 1.38% | 2.73% | 2.01% |
| ███▇▆▆▁▃ | Efficiency Ratio (%) | 62.1% | 60.8% | 62.3% | 58.7% | 57.5% | 57.1% | 43.7% | 49.8% |
| ▇█▅▆▄▁▁▁ | Cost of Funds (%) | 2.89% | 3.00% | 2.80% | 2.81% | 2.71% | 2.52% | 2.47% | 2.52% |
| ▁▁▇█████ | NPA / Assets (%) | 0.46% | 0.45% | 2.05% | 2.24% | 2.30% | 2.25% | 2.18% | 2.41% |
| ▁▁▇██▆▆▇ | Net Charge-Off Ratio (%) | 0.61% | 0.61% | 2.54% | 2.68% | 2.89% | 2.30% | 2.31% | 2.59% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $31 | $31 | $33 | $34 | $36 | $36 | $39 | $39 |
| ▁▁▃▅▆▇▇█ | Gross Loans ($M) | $289 | $291 | $308 | $323 | $331 | $336 | $339 | $348 |
| ▁▂▂▃▄▆██ | Total Deposits ($M) | $351 | $359 | $364 | $367 | $376 | $390 | $403 | $410 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 6% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 11% |