Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.15 | 1.42% |
| Return on Equity (%) | ▼ | 15.80% | -0.08 | 15.88% |
| Net Interest Margin (%) | ▲ | 4.66% | +0.33 | 4.34% |
| Efficiency Ratio (%) | ▲ | 55.83% | -2.19 | 58.02% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.36 | $3 |
| Cost of Funds (%) | ▲ | 1.97% | -0.36 | 2.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $624 | +43.38 | $581 |
| Gross Loans ($M) | ▲ | $489 | +28.31 | $461 |
| Loan Growth YoY (%) | ▼ | 86.62% | -0.26 | 86.89% |
| Total Deposits ($M) | ▲ | $558 | +33.75 | $524 |
| Shareholders Equity ($M) | ▲ | $62 | +8.81 | $53 |
| Tang. Book Value ($M) | ▲ | $62 | +8.81 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $64 | +8.61 | $55 |
| Loan / Deposit Ratio (%) | ▼ | 86.62% | -0.26 | 86.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.86% | +0.25 | 0.61% |
| Allowance / Loans (%) | — | 1.31% | 0.02% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 1.04% | +0.34 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.64% | +0.80 | 12.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆███ | Net Interest Margin (%) | 3.83% | 3.90% | 4.31% | 4.34% | 4.44% | 4.61% | 4.68% | 4.66% |
| ▁▁▅▆▆▇██ | Return on Assets (%) | 1.08% | 1.06% | 1.38% | 1.42% | 1.45% | 1.47% | 1.59% | 1.56% |
| ██▃▃▂▂▁▁ | Efficiency Ratio (%) | 64.4% | 65.3% | 58.7% | 58.0% | 57.9% | 56.9% | 55.5% | 55.8% |
| ██▅▅▅▂▁▁ | Cost of Funds (%) | 2.68% | 2.61% | 2.40% | 2.33% | 2.33% | 2.11% | 2.00% | 1.97% |
| ▅▅▄▄▄▃▁█ | NPA / Assets (%) | 0.68% | 0.65% | 0.61% | 0.61% | 0.60% | 0.53% | 0.42% | 0.86% |
| ▆▅▄▄▃▂▁█ | Net Charge-Off Ratio (%) | 0.85% | 0.82% | 0.75% | 0.70% | 0.68% | 0.56% | 0.47% | 1.04% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $48 | $48 | $51 | $53 | $55 | $58 | $60 | $62 |
| ▁▁▃▃▄▅▄█ | Gross Loans ($M) | $447 | $445 | $457 | $461 | $467 | $470 | $465 | $489 |
| ▁▁▂▄▂▃▆█ | Total Deposits ($M) | $501 | $507 | $508 | $524 | $514 | $521 | $537 | $558 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 8% |