Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.17 | 1.05% |
| Return on Equity (%) | ▲ | 10.86% | +1.02 | 9.84% |
| Net Interest Margin (%) | ▲ | 3.20% | +0.20 | 2.99% |
| Efficiency Ratio (%) | ▲ | 52.26% | -2.58 | 54.84% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.02 | $2 |
| Cost of Funds (%) | ▲ | 1.51% | -0.12 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $462 | +26.34 | $436 |
| Gross Loans ($M) | ▲ | $272 | +8.49 | $263 |
| Loan Growth YoY (%) | ▼ | 70.67% | -4.87 | 75.54% |
| Total Deposits ($M) | ▲ | $379 | +35.99 | $343 |
| Shareholders Equity ($M) | ▲ | $51 | +3.01 | $48 |
| Tang. Book Value ($M) | ▲ | $42 | +3.02 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $48 | +3.23 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 70.67% | -4.87 | 75.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.47% | -0.13% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.42% | +0.13 | 15.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇██ | Net Interest Margin (%) | 2.54% | 2.59% | 2.93% | 2.99% | 3.04% | 3.07% | 3.23% | 3.20% |
| ▄▃▁▅▆▆██ | Return on Assets (%) | 0.97% | 0.95% | 0.80% | 1.05% | 1.11% | 1.12% | 1.23% | 1.22% |
| ███▄▃▃▁▁ | Efficiency Ratio (%) | 58.3% | 58.6% | 58.1% | 54.8% | 53.8% | 53.8% | 51.9% | 52.3% |
| █▇▅▆▄▂▁▂ | Cost of Funds (%) | 1.72% | 1.68% | 1.62% | 1.63% | 1.58% | 1.52% | 1.47% | 1.51% |
| ▁▁▁▁██▁▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.01% | 0.29% | 0.27% | 0.00% | 0.00% |
| ▁▁▁▁██▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.02% | 0.02% | 0.46% | 0.45% | 0.00% | 0.00% |
| ▃▁▂▅▇█▇█ | Tang. Book Value ($M) | $37 | $35 | $37 | $39 | $40 | $42 | $41 | $42 |
| ▁▃▄▅▆███ | Gross Loans ($M) | $253 | $258 | $261 | $263 | $266 | $271 | $273 | $272 |
| ▁▃▂▁▁▄▃█ | Total Deposits ($M) | $339 | $353 | $347 | $343 | $341 | $359 | $354 | $379 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 11% |
| Agricultural | 20% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 7% |