Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.26 | 0.61% |
| Return on Equity (%) | ▲ | 9.45% | +2.66 | 6.79% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.33 | 3.59% |
| Efficiency Ratio (%) | ▲ | 69.81% | -8.43 | 78.23% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.56 | $1 |
| Cost of Funds (%) | ▲ | 2.39% | -0.32 | 2.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $582 | +35.50 | $546 |
| Gross Loans ($M) | ▲ | $457 | +21.31 | $436 |
| Loan Growth YoY (%) | ▼ | 91.80% | -0.56 | 92.35% |
| Total Deposits ($M) | ▲ | $491 | +26.24 | $465 |
| Shareholders Equity ($M) | ▲ | $53 | +5.13 | $48 |
| Tang. Book Value ($M) | ▲ | $53 | +5.37 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +5.47 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 91.80% | -0.56 | 92.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.14 | 0.18% |
| Allowance / Loans (%) | — | 1.37% | -0.11% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.18 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.56% | +0.22 | 11.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 3.53% | 3.53% | 3.51% | 3.59% | 3.65% | 3.71% | 3.83% | 3.91% |
| ▆▇▅▁▂▄▆█ | Return on Assets (%) | 0.78% | 0.81% | 0.74% | 0.61% | 0.66% | 0.71% | 0.78% | 0.87% |
| ▆▆█▆▅▅▂▁ | Efficiency Ratio (%) | 78.3% | 77.9% | 81.6% | 78.2% | 76.7% | 76.2% | 71.9% | 69.8% |
| ██▄▄▄▂▁▁ | Cost of Funds (%) | 3.12% | 3.05% | 2.70% | 2.71% | 2.72% | 2.55% | 2.40% | 2.39% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 1.33% | 0.06% | 0.07% | 0.18% | 0.10% | 0.04% | 0.04% | 0.04% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.58% | 0.07% | 0.08% | 0.23% | 0.12% | 0.05% | 0.05% | 0.05% |
| ▁▁▂▁▄▅▆█ | Tang. Book Value ($M) | $47 | $47 | $48 | $47 | $49 | $50 | $51 | $53 |
| ▆▄▁▂▂▃▅█ | Gross Loans ($M) | $448 | $443 | $429 | $436 | $434 | $436 | $446 | $457 |
| ▂▂▂▂▂▁▅█ | Total Deposits ($M) | $463 | $461 | $463 | $465 | $463 | $456 | $475 | $491 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 8% |
| Agricultural | 26% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 14% |