Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.50% | +0.11 | 2.40% |
| Return on Equity (%) | ▲ | 21.16% | +1.19 | 19.97% |
| Net Interest Margin (%) | ▼ | 4.49% | -0.86 | 5.34% |
| Efficiency Ratio (%) | ▼ | 37.89% | +1.05 | 36.84% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.12 | $4 |
| Cost of Funds (%) | ▲ | 1.25% | -0.04 | 1.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $617 | +39.43 | $578 |
| Gross Loans ($M) | ▲ | $378 | +12.38 | $365 |
| Loan Growth YoY (%) | ▼ | 68.50% | -2.06 | 70.56% |
| Total Deposits ($M) | ▲ | $541 | +33.30 | $507 |
| Shareholders Equity ($M) | ▲ | $75 | +6.29 | $69 |
| Tang. Book Value ($M) | ▲ | $70 | +8.37 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $76 | +8.07 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 68.50% | -2.06 | 70.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.20% | +0.04 | 2.17% |
| Allowance / Loans (%) | — | 1.93% | -0.07% | 2.00% |
| Net Charge-Off Ratio (%) | ▼ | 3.45% | +0.02 | 3.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.10% | +1.40 | 16.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁██▇▆▃▃ | Net Interest Margin (%) | 3.91% | 3.94% | 5.50% | 5.34% | 5.28% | 5.08% | 4.45% | 4.49% |
| ▁▁▄▇█▆██ | Return on Assets (%) | 2.01% | 2.03% | 2.22% | 2.40% | 2.45% | 2.33% | 2.44% | 2.50% |
| ██▁▁▂▄▂▂ | Efficiency Ratio (%) | 44.2% | 44.5% | 37.0% | 36.8% | 38.0% | 40.1% | 38.3% | 37.9% |
| █▃▁▂▂▁▁▁ | Cost of Funds (%) | 1.55% | 1.33% | 1.25% | 1.29% | 1.30% | 1.23% | 1.25% | 1.25% |
| ▅▁██▇▇▆█ | NPA / Assets (%) | 1.85% | 1.39% | 2.16% | 2.17% | 2.08% | 2.05% | 1.93% | 2.20% |
| ▅▁█▇▅▅▅▇ | Net Charge-Off Ratio (%) | 3.21% | 2.49% | 3.69% | 3.43% | 3.19% | 3.17% | 3.13% | 3.45% |
| ▁▅▁▄▅▇▆█ | Tang. Book Value ($M) | $55 | $63 | $57 | $61 | $63 | $66 | $65 | $70 |
| ▁▁▇███▇█ | Gross Loans ($M) | $257 | $267 | $353 | $365 | $364 | $379 | $364 | $378 |
| ▁▂█▇▇███ | Total Deposits ($M) | $387 | $410 | $536 | $507 | $516 | $541 | $547 | $541 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 8% |
| Agricultural | 24% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |