Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +1.16 | 0.62% |
| Return on Equity (%) | ▲ | 18.27% | +11.51 | 6.76% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.34 | 4.11% |
| Efficiency Ratio (%) | ▲ | 53.21% | -19.04 | 72.25% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.59 | $1 |
| Cost of Funds (%) | ▲ | 1.58% | -0.25 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $446 | +3.83 | $442 |
| Gross Loans ($M) | ▲ | $318 | +8.00 | $310 |
| Loan Growth YoY (%) | ▲ | 80.21% | +0.98 | 79.23% |
| Total Deposits ($M) | ▲ | $390 | +4.67 | $386 |
| Shareholders Equity ($M) | ▲ | $44 | +2.81 | $41 |
| Tang. Book Value ($M) | ▲ | $39 | +3.09 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +3.01 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 80.21% | +0.98 | 79.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.41% | -0.07 | 0.48% |
| Allowance / Loans (%) | — | 1.49% | 0.11% | 1.38% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.18 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.85% | +0.41 | 11.44% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▁▂▃▇█ | Net Interest Margin (%) | 4.18% | 4.21% | 4.07% | 4.11% | 4.15% | 4.20% | 4.41% | 4.46% |
| ▁▁▁▁▁▁█▆ | Return on Assets (%) | 0.76% | 0.75% | 0.57% | 0.62% | 0.68% | 0.68% | 2.35% | 1.77% |
| ██████▁▂ | Efficiency Ratio (%) | 72.1% | 72.0% | 73.7% | 72.3% | 72.2% | 71.4% | 46.5% | 53.2% |
| ▃▁▇▇█▄▁▁ | Cost of Funds (%) | 1.67% | 1.57% | 1.82% | 1.83% | 1.88% | 1.72% | 1.61% | 1.58% |
| ▁█▅▄▇▃▂▁ | NPA / Assets (%) | 0.40% | 0.57% | 0.50% | 0.48% | 0.55% | 0.46% | 0.43% | 0.41% |
| ▃█▆▅█▂▂▁ | Net Charge-Off Ratio (%) | 0.52% | 0.74% | 0.65% | 0.61% | 0.74% | 0.50% | 0.49% | 0.44% |
| ▁▁▂▄▆█▆█ | Tang. Book Value ($M) | $34 | $34 | $35 | $36 | $38 | $39 | $38 | $39 |
| ▁▆▅▅▇█▄▇ | Gross Loans ($M) | $293 | $315 | $311 | $310 | $317 | $323 | $306 | $318 |
| ▂▁▆▇▇███ | Total Deposits ($M) | $357 | $352 | $377 | $386 | $384 | $389 | $392 | $390 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 16% |
| Agricultural | 10% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |