Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.65% | -0.13 | 1.78% |
| Return on Equity (%) | ▼ | 13.34% | -1.97 | 15.31% |
| Net Interest Margin (%) | ▲ | 4.74% | +0.08 | 4.66% |
| Efficiency Ratio (%) | ▲ | 50.34% | -0.93 | 51.27% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.64 | $7 |
| Cost of Funds (%) | ▲ | 1.37% | -0.07 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,219 | +68.19 | $1,151 |
| Gross Loans ($M) | ▲ | $760 | +23.44 | $737 |
| Loan Growth YoY (%) | ▼ | 71.57% | -1.31 | 72.88% |
| Total Deposits ($M) | ▲ | $1,050 | +49.13 | $1,001 |
| Shareholders Equity ($M) | ▲ | $154 | +17.99 | $136 |
| Tang. Book Value ($M) | ▲ | $151 | +18.00 | $133 |
| TBV excl. AOCI ($M)** | ▲ | $166 | +21.58 | $144 |
| Loan / Deposit Ratio (%) | ▼ | 71.57% | -1.31 | 72.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.54% | +0.44 | 1.10% |
| Allowance / Loans (%) | — | 1.11% | 0.15% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 1.99% | +0.33 | 1.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▇▇██▆█ | Net Interest Margin (%) | 4.14% | 4.21% | 4.63% | 4.66% | 4.74% | 4.72% | 4.57% | 4.74% |
| ▁▁██▆█▁▄ | Return on Assets (%) | 1.57% | 1.55% | 1.80% | 1.78% | 1.71% | 1.77% | 1.55% | 1.65% |
| ▅▅▃▂▃▄█▁ | Efficiency Ratio (%) | 52.8% | 52.8% | 51.7% | 51.3% | 51.9% | 51.9% | 54.5% | 50.3% |
| ██▄▂▃▂▁▁ | Cost of Funds (%) | 1.72% | 1.71% | 1.53% | 1.44% | 1.46% | 1.43% | 1.39% | 1.37% |
| ▁▁▂▁▂▆█▆ | NPA / Assets (%) | 1.02% | 1.05% | 1.13% | 1.10% | 1.20% | 1.55% | 1.73% | 1.54% |
| ▁▁▁▁▂▆█▄ | Net Charge-Off Ratio (%) | 1.53% | 1.57% | 1.67% | 1.66% | 1.80% | 2.44% | 2.75% | 1.99% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $123 | $122 | $128 | $133 | $140 | $143 | $147 | $151 |
| ▁▂▄▅▆▇██ | Gross Loans ($M) | $700 | $712 | $730 | $737 | $740 | $750 | $761 | $760 |
| ▁▁▂▅▄███ | Total Deposits ($M) | $950 | $962 | $969 | $1,001 | $990 | $1,048 | $1,050 | $1,050 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 14% |
| Agricultural | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 12% |