Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.55% | -0.13 | 1.68% |
| Return on Equity (%) | ▼ | 15.05% | -1.24 | 16.29% |
| Net Interest Margin (%) | ▼ | 4.09% | -0.12 | 4.21% |
| Efficiency Ratio (%) | ▼ | 61.35% | +1.71 | 59.64% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▲ | 2.42% | -0.21 | 2.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $268 | +29.77 | $238 |
| Gross Loans ($M) | ▲ | $234 | +22.57 | $211 |
| Loan Growth YoY (%) | ▼ | 100.21% | -2.64 | 102.85% |
| Total Deposits ($M) | ▲ | $230 | +27.67 | $203 |
| Shareholders Equity ($M) | ▲ | $28 | +2.78 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +2.88 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 100.21% | -2.64 | 102.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.00 | 0.12% |
| Allowance / Loans (%) | — | 1.27% | -0.05% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.00 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.95% | +0.73 | 12.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃█▇█▆▆ | Net Interest Margin (%) | 3.77% | 3.82% | 3.91% | 4.21% | 4.15% | 4.19% | 4.06% | 4.09% |
| ▁▅▄██▇▇▃ | Return on Assets (%) | 1.48% | 1.59% | 1.56% | 1.68% | 1.68% | 1.65% | 1.64% | 1.55% |
| ▇▁▄▃▄▅▃█ | Efficiency Ratio (%) | 60.7% | 58.7% | 60.0% | 59.6% | 60.0% | 60.3% | 59.4% | 61.3% |
| ██▆▆▅▄▄▁ | Cost of Funds (%) | 2.72% | 2.75% | 2.63% | 2.63% | 2.61% | 2.56% | 2.56% | 2.42% |
| ██▅▁▁▁▁▁ | NPA / Assets (%) | 0.41% | 0.39% | 0.26% | 0.12% | 0.10% | 0.11% | 0.11% | 0.11% |
| ██▅▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.44% | 0.44% | 0.30% | 0.13% | 0.12% | 0.12% | 0.12% | 0.13% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $23 | $23 | $24 | $25 | $25 | $26 | $27 | $27 |
| ▂▁▁▂▆███ | Gross Loans ($M) | $211 | $207 | $208 | $211 | $227 | $234 | $235 | $234 |
| ▁▁▂▂▅▇▇█ | Total Deposits ($M) | $194 | $198 | $199 | $203 | $216 | $224 | $224 | $230 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 32% |