Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.51 | 1.07% |
| Return on Equity (%) | ▲ | 12.87% | +4.09 | 8.78% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.55 | 3.49% |
| Efficiency Ratio (%) | ▲ | 60.18% | -8.56 | 68.73% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.00 | $3 |
| Cost of Funds (%) | ▲ | 0.92% | -0.01 | 0.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $840 | +38.38 | $802 |
| Gross Loans ($M) | ▲ | $553 | +0.06 | $553 |
| Loan Growth YoY (%) | ▼ | 74.91% | -3.41 | 78.33% |
| Total Deposits ($M) | ▲ | $730 | +31.64 | $699 |
| Shareholders Equity ($M) | ▲ | $101 | +4.47 | $97 |
| Tang. Book Value ($M) | ▲ | $99 | +4.86 | $94 |
| TBV excl. AOCI ($M)** | ▲ | $109 | +6.20 | $103 |
| Loan / Deposit Ratio (%) | ▼ | 74.91% | -3.41 | 78.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.14 | 0.21% |
| Allowance / Loans (%) | — | 1.05% | 0.04% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.52% | +0.22 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▆██ | Net Interest Margin (%) | 3.23% | 3.26% | 3.35% | 3.49% | 3.63% | 3.74% | 3.98% | 4.04% |
| ▁▂▁▃▅▆▇█ | Return on Assets (%) | 0.95% | 1.00% | 0.87% | 1.07% | 1.28% | 1.34% | 1.44% | 1.58% |
| █▇█▆▄▂▂▁ | Efficiency Ratio (%) | 72.0% | 71.4% | 73.6% | 68.7% | 65.2% | 63.5% | 62.1% | 60.2% |
| ▄█▃▁▂▃▁▁ | Cost of Funds (%) | 0.99% | 1.08% | 0.98% | 0.93% | 0.96% | 0.97% | 0.93% | 0.92% |
| ▁▁▁▃▃▂▂█ | NPA / Assets (%) | 0.15% | 0.15% | 0.14% | 0.21% | 0.21% | 0.17% | 0.18% | 0.35% |
| ▁▁▁▃▃▁▂█ | Net Charge-Off Ratio (%) | 0.23% | 0.22% | 0.21% | 0.30% | 0.30% | 0.25% | 0.26% | 0.52% |
| ▁▂▁▃▄▆▆█ | Tang. Book Value ($M) | $92 | $93 | $92 | $94 | $94 | $97 | $97 | $99 |
| ▁▂▄▇▇█▆▇ | Gross Loans ($M) | $517 | $524 | $537 | $553 | $554 | $564 | $552 | $553 |
| ▁▁▄▄▄▅▅█ | Total Deposits ($M) | $673 | $668 | $693 | $699 | $699 | $701 | $700 | $730 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |