Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.09 | 1.19% |
| Return on Equity (%) | ▲ | 12.51% | +0.45 | 12.06% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.21 | 3.91% |
| Efficiency Ratio (%) | ▲ | 62.79% | -0.38 | 63.17% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.02 | $2 |
| Cost of Funds (%) | ▲ | 0.84% | -0.21 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $553 | +1.11 | $552 |
| Gross Loans ($M) | ▼ | $367 | -16.75 | $384 |
| Loan Growth YoY (%) | ▼ | 76.54% | -1.12 | 77.66% |
| Total Deposits ($M) | ▼ | $475 | -14.59 | $490 |
| Shareholders Equity ($M) | ▲ | $57 | +1.72 | $55 |
| Tang. Book Value ($M) | ▲ | $54 | +1.79 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +3.64 | $56 |
| Loan / Deposit Ratio (%) | ▼ | 76.54% | -1.12 | 77.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.01 | 0.27% |
| Allowance / Loans (%) | — | 0.91% | 0.01% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -0.00 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.40% | +0.89 | 16.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▇▇██ | Net Interest Margin (%) | 3.60% | 3.68% | 3.83% | 3.91% | 4.00% | 4.05% | 4.09% | 4.12% |
| ▁▄▃▅▇███ | Return on Assets (%) | 1.06% | 1.15% | 1.12% | 1.19% | 1.25% | 1.28% | 1.29% | 1.28% |
| █▄▆▅▂▁▂▄ | Efficiency Ratio (%) | 65.0% | 63.1% | 64.1% | 63.2% | 61.9% | 61.3% | 62.1% | 62.8% |
| █▅▄▄▃▁▁▁ | Cost of Funds (%) | 1.31% | 1.12% | 1.04% | 1.05% | 0.96% | 0.82% | 0.83% | 0.84% |
| ▄▇█▆▆▂▁▆ | NPA / Assets (%) | 0.21% | 0.28% | 0.32% | 0.27% | 0.26% | 0.17% | 0.14% | 0.26% |
| ▁▄█▆▆▂▁▆ | Net Charge-Off Ratio (%) | 0.24% | 0.33% | 0.46% | 0.39% | 0.38% | 0.25% | 0.22% | 0.39% |
| ▃▁▃▁▇█▆▇ | Tang. Book Value ($M) | $52 | $52 | $53 | $52 | $54 | $54 | $53 | $54 |
| █▆▅▄▃▂▁▁ | Gross Loans ($M) | $408 | $396 | $391 | $384 | $378 | $371 | $364 | $367 |
| █▇█▄▃▁▅▁ | Total Deposits ($M) | $511 | $505 | $508 | $490 | $487 | $478 | $494 | $475 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 10% |