Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.32 | 0.97% |
| Return on Equity (%) | ▲ | 15.59% | +1.59 | 14.00% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.35 | 3.67% |
| Efficiency Ratio (%) | ▲ | 59.11% | -1.75 | 60.86% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.44 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.30 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $597 | +15.72 | $581 |
| Gross Loans ($M) | ▲ | $448 | +12.35 | $436 |
| Loan Growth YoY (%) | ▼ | 88.75% | -1.17 | 89.92% |
| Total Deposits ($M) | ▲ | $499 | +21.14 | $478 |
| Shareholders Equity ($M) | ▲ | $51 | +10.95 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +11.23 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +11.05 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 88.75% | -1.17 | 89.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.05 | 0.38% |
| Allowance / Loans (%) | — | 1.17% | -0.22% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.07 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.15 | 11.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.21% | 3.27% | 3.48% | 3.67% | 3.74% | 3.75% | 3.86% | 4.02% |
| ▁▂▁▄▅▅▅█ | Return on Assets (%) | 0.80% | 0.80% | 0.73% | 0.97% | 1.04% | 1.05% | 1.07% | 1.29% |
| █▇▆▂▂▂▅▁ | Efficiency Ratio (%) | 68.7% | 66.5% | 66.2% | 60.9% | 60.8% | 61.2% | 65.0% | 59.1% |
| ██▅▅▆▄▂▁ | Cost of Funds (%) | 2.15% | 2.20% | 2.01% | 2.01% | 2.04% | 1.95% | 1.82% | 1.71% |
| █▄▃▂▃▁▁▂ | NPA / Assets (%) | 1.03% | 0.56% | 0.41% | 0.38% | 0.42% | 0.27% | 0.20% | 0.33% |
| █▄▂▂▂▁▁▂ | Net Charge-Off Ratio (%) | 1.47% | 0.78% | 0.57% | 0.51% | 0.57% | 0.39% | 0.28% | 0.44% |
| ▂▁▁▁▄▆▇█ | Tang. Book Value ($M) | $35 | $32 | $32 | $33 | $37 | $40 | $42 | $44 |
| ▁▂▃▆▆▃▅█ | Gross Loans ($M) | $406 | $416 | $421 | $436 | $433 | $420 | $429 | $448 |
| ▁▂▄▃▄▇█▆ | Total Deposits ($M) | $467 | $475 | $486 | $478 | $485 | $501 | $510 | $499 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 3% |
| Agricultural | 13% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 10% |