Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.39% | -0.04 | 1.44% |
| Return on Equity (%) | ▼ | 18.46% | -2.99 | 21.45% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.01 | 3.36% |
| Efficiency Ratio (%) | ▼ | 45.71% | +1.28 | 44.44% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.10 | $3 |
| Cost of Funds (%) | ▲ | 2.19% | -0.12 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $601 | +33.05 | $568 |
| Gross Loans ($M) | ▲ | $365 | +34.03 | $331 |
| Loan Growth YoY (%) | ▲ | 70.62% | +6.39 | 64.23% |
| Total Deposits ($M) | ▲ | $510 | +1.74 | $509 |
| Shareholders Equity ($M) | ▲ | $49 | +13.51 | $35 |
| Tang. Book Value ($M) | ▲ | $49 | +13.51 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +13.84 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 70.62% | +6.39 | 64.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.46% | -0.28 | 0.74% |
| Allowance / Loans (%) | — | 1.36% | -0.05% | 1.41% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -0.77 | 1.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.40% | +0.16 | 20.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆██▄▆ | Net Interest Margin (%) | 3.19% | 3.18% | 3.35% | 3.36% | 3.41% | 3.44% | 3.29% | 3.37% |
| ▅▁▇█▆▅▇▇ | Return on Assets (%) | 1.36% | 1.24% | 1.39% | 1.44% | 1.38% | 1.35% | 1.39% | 1.39% |
| ▁▃▂▁▂▇▄█ | Efficiency Ratio (%) | 44.5% | 44.8% | 44.7% | 44.4% | 44.7% | 45.5% | 45.0% | 45.7% |
| ██▅▅▂▂▁▂ | Cost of Funds (%) | 2.44% | 2.44% | 2.30% | 2.31% | 2.20% | 2.19% | 2.13% | 2.19% |
| ▄▆▅█▆▂▁▂ | NPA / Assets (%) | 0.54% | 0.63% | 0.59% | 0.74% | 0.62% | 0.43% | 0.39% | 0.46% |
| ▆▇▆█▇▂▁▂ | Net Charge-Off Ratio (%) | 0.98% | 1.13% | 1.01% | 1.27% | 1.04% | 0.48% | 0.33% | 0.49% |
| █▃▂▁▄▄▄▇ | Tang. Book Value ($M) | $52 | $40 | $39 | $35 | $42 | $43 | $43 | $49 |
| ▁▂▃▃▅▆██ | Gross Loans ($M) | $315 | $323 | $329 | $331 | $344 | $348 | $362 | $365 |
| ▁▅▃▄█▇▃▅ | Total Deposits ($M) | $493 | $512 | $502 | $509 | $527 | $520 | $502 | $510 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 6% |
| Agricultural | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 33% |