Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.60% | -0.03 | 1.63% |
| Return on Equity (%) | ▼ | 19.04% | -0.97 | 20.01% |
| Net Interest Margin (%) | ▼ | 3.56% | -0.21 | 3.77% |
| Efficiency Ratio (%) | ▼ | 56.63% | +1.33 | 55.30% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.01 | $2 |
| Cost of Funds (%) | ▲ | 1.78% | -0.07 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $486 | +24.10 | $462 |
| Gross Loans ($M) | ▼ | $190 | -2.37 | $192 |
| Loan Growth YoY (%) | ▼ | 42.55% | -2.71 | 45.26% |
| Total Deposits ($M) | ▲ | $441 | +21.46 | $420 |
| Shareholders Equity ($M) | ▲ | $41 | +3.07 | $38 |
| Tang. Book Value ($M) | ▲ | $40 | +3.21 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +1.10 | $46 |
| Loan / Deposit Ratio (%) | ▼ | 42.55% | -2.71 | 45.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.04 | 0.08% |
| Allowance / Loans (%) | — | 0.94% | -0.06% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.12 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.06% | -0.56 | 14.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▆▆▁▁ | Net Interest Margin (%) | 3.95% | 3.97% | 3.73% | 3.77% | 3.83% | 3.83% | 3.59% | 3.56% |
| ██▁▂▃▃▁▂ | Return on Assets (%) | 1.89% | 1.87% | 1.57% | 1.63% | 1.64% | 1.66% | 1.55% | 1.60% |
| ▁▁▅▄▃▄█▅ | Efficiency Ratio (%) | 51.3% | 51.7% | 56.7% | 55.3% | 54.7% | 55.1% | 60.6% | 56.6% |
| ▆▄▆▇█▆▁▄ | Cost of Funds (%) | 1.83% | 1.79% | 1.82% | 1.85% | 1.87% | 1.81% | 1.72% | 1.78% |
| ██▄▁▁▁▄▄ | NPA / Assets (%) | 0.18% | 0.17% | 0.11% | 0.08% | 0.06% | 0.06% | 0.11% | 0.12% |
| ██▄▂▁▁▄▅ | Net Charge-Off Ratio (%) | 0.41% | 0.39% | 0.28% | 0.19% | 0.15% | 0.16% | 0.27% | 0.30% |
| ▃▁▃▃▆█▇█ | Tang. Book Value ($M) | $37 | $35 | $37 | $37 | $39 | $40 | $39 | $40 |
| ▁▂▁▂█▆▇▁ | Gross Loans ($M) | $191 | $192 | $190 | $192 | $203 | $198 | $200 | $190 |
| ▁▃▄▄▇▇██ | Total Deposits ($M) | $400 | $412 | $417 | $420 | $432 | $432 | $442 | $441 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |