Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.43 | 1.03% |
| Return on Equity (%) | ▲ | 17.04% | +5.32 | 11.72% |
| Net Interest Margin (%) | ▼ | 3.79% | -0.06 | 3.85% |
| Efficiency Ratio (%) | ▲ | 51.71% | -1.87 | 53.58% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.58 | $5 |
| Cost of Funds (%) | ▲ | 2.08% | -0.02 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,212 | +144.11 | $1,068 |
| Gross Loans ($M) | ▲ | $1,045 | +117.47 | $927 |
| Loan Growth YoY (%) | ▼ | 95.92% | -2.50 | 98.42% |
| Total Deposits ($M) | ▲ | $1,074 | +144.01 | $930 |
| Shareholders Equity ($M) | ▲ | $106 | +10.24 | $96 |
| Tang. Book Value ($M) | ▲ | $106 | +10.24 | $96 |
| TBV excl. AOCI ($M)** | ▲ | $111 | +10.68 | $100 |
| Loan / Deposit Ratio (%) | ▼ | 95.92% | -2.50 | 98.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.55% | +1.02 | 0.53% |
| Allowance / Loans (%) | — | 1.39% | 0.10% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 1.40% | +0.79 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▇██▂▄ | Net Interest Margin (%) | 3.72% | 3.77% | 3.80% | 3.85% | 3.88% | 3.86% | 3.76% | 3.79% |
| ▅▇▂▁▃▄▇█ | Return on Assets (%) | 1.29% | 1.36% | 1.12% | 1.03% | 1.16% | 1.21% | 1.37% | 1.46% |
| ▆▅█▆▄▂▁▁ | Efficiency Ratio (%) | 53.8% | 53.2% | 54.8% | 53.6% | 52.9% | 52.1% | 51.4% | 51.7% |
| █▅▁▃▁▁▂▂ | Cost of Funds (%) | 2.22% | 2.15% | 2.05% | 2.10% | 2.04% | 2.04% | 2.08% | 2.08% |
| ▃▃▃▁▂▁██ | NPA / Assets (%) | 0.90% | 0.87% | 0.83% | 0.53% | 0.70% | 0.62% | 1.59% | 1.55% |
| ▆▅▅▃▄▁██ | Net Charge-Off Ratio (%) | 1.04% | 1.00% | 0.96% | 0.61% | 0.80% | 0.31% | 1.43% | 1.40% |
| ▃▁▃▄▆▅▇█ | Tang. Book Value ($M) | $94 | $90 | $94 | $96 | $101 | $98 | $103 | $106 |
| ▁▁▂▂▅▇██ | Gross Loans ($M) | $902 | $906 | $924 | $927 | $975 | $1,024 | $1,045 | $1,045 |
| ▁▃▂▂▄▇██ | Total Deposits ($M) | $885 | $940 | $926 | $930 | $965 | $1,050 | $1,054 | $1,074 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 18% |
| Agricultural | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |