Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.58% | -0.12 | 0.70% |
| Return on Equity (%) | ▼ | 6.24% | -1.58 | 7.82% |
| Net Interest Margin (%) | ▲ | 2.92% | +0.29 | 2.62% |
| Efficiency Ratio (%) | ▼ | 74.44% | +0.51 | 73.93% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.90% | -0.26 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $715 | -6.09 | $721 |
| Gross Loans ($M) | ▼ | $465 | -22.90 | $488 |
| Loan Growth YoY (%) | ▼ | 79.67% | -1.19 | 80.86% |
| Total Deposits ($M) | ▼ | $578 | -20.74 | $599 |
| Shareholders Equity ($M) | ▲ | $66 | +1.61 | $65 |
| Tang. Book Value ($M) | ▲ | $58 | +1.61 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +2.95 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 79.67% | -1.19 | 80.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.10 | 0.00% |
| Allowance / Loans (%) | — | 0.99% | 0.20% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.15 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.44% | +0.47 | 13.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▁▂▃▇█ | Net Interest Margin (%) | 2.74% | 2.71% | 2.60% | 2.62% | 2.66% | 2.71% | 2.84% | 2.92% |
| █▆▅▆▇█▄▁ | Return on Assets (%) | 0.75% | 0.69% | 0.68% | 0.70% | 0.71% | 0.74% | 0.66% | 0.58% |
| ▁██▇▆▅██ | Efficiency Ratio (%) | 72.2% | 74.4% | 74.2% | 73.9% | 73.8% | 73.4% | 74.4% | 74.4% |
| ██▅█▆▆▃▁ | Cost of Funds (%) | 2.19% | 2.19% | 2.08% | 2.16% | 2.11% | 2.09% | 1.98% | 1.90% |
| ▁▁▁▁▁█▇▃ | NPA / Assets (%) | 0.02% | 0.01% | 0.00% | 0.00% | 0.00% | 0.28% | 0.23% | 0.10% |
| ▁▁▁▁▁█▇▃ | Net Charge-Off Ratio (%) | 0.03% | 0.01% | 0.00% | 0.00% | 0.00% | 0.41% | 0.35% | 0.15% |
| ▃▁▃▄██▇▆ | Tang. Book Value ($M) | $55 | $53 | $55 | $56 | $59 | $60 | $59 | $58 |
| ▅▆█▆▄▅▃▁ | Gross Loans ($M) | $483 | $487 | $499 | $488 | $479 | $485 | $475 | $465 |
| ▂▁▇█▆▆▇▅ | Total Deposits ($M) | $566 | $556 | $589 | $599 | $584 | $588 | $593 | $578 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 3% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 16% |