Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.19 | 1.31% |
| Return on Equity (%) | ▲ | 13.44% | +1.48 | 11.96% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.18 | 4.03% |
| Efficiency Ratio (%) | ▲ | 50.78% | -3.56 | 54.34% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.53 | $3 |
| Cost of Funds (%) | ▲ | 1.15% | -0.05 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $714 | +59.58 | $655 |
| Gross Loans ($M) | ▲ | $495 | +27.89 | $467 |
| Loan Growth YoY (%) | ▼ | 77.30% | -5.41 | 82.71% |
| Total Deposits ($M) | ▲ | $631 | +74.62 | $556 |
| Shareholders Equity ($M) | ▲ | $78 | +4.93 | $73 |
| Tang. Book Value ($M) | ▲ | $76 | +6.65 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $84 | +7.41 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 77.30% | -5.41 | 82.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.35 | 0.19% |
| Allowance / Loans (%) | — | 1.54% | -0.03% | 1.57% |
| Net Charge-Off Ratio (%) | ▼ | 0.77% | +0.51 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.61% | +0.18 | 14.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇▇██ | Net Interest Margin (%) | 3.60% | 3.70% | 3.92% | 4.03% | 4.06% | 4.11% | 4.18% | 4.21% |
| ▁▁▄▆▆▆██ | Return on Assets (%) | 0.98% | 1.03% | 1.18% | 1.31% | 1.34% | 1.36% | 1.47% | 1.50% |
| ██▆▄▃▃▁▁ | Efficiency Ratio (%) | 59.9% | 59.2% | 56.5% | 54.3% | 53.9% | 54.1% | 51.8% | 50.8% |
| ██▆▂▂▃▁▁ | Cost of Funds (%) | 1.45% | 1.42% | 1.35% | 1.21% | 1.20% | 1.23% | 1.16% | 1.15% |
| ▁▁▁▁██▇▆ | NPA / Assets (%) | 0.14% | 0.17% | 0.12% | 0.19% | 0.66% | 0.70% | 0.58% | 0.54% |
| ▁▁▁▁██▇▇ | Net Charge-Off Ratio (%) | 0.20% | 0.23% | 0.17% | 0.27% | 0.93% | 0.97% | 0.81% | 0.77% |
| ▂▁▂▄▇▆▇█ | Tang. Book Value ($M) | $67 | $65 | $66 | $69 | $74 | $73 | $73 | $76 |
| ▁▃▂▁▃▅▅█ | Gross Loans ($M) | $463 | $472 | $468 | $467 | $474 | $482 | $481 | $495 |
| ▂▁▁▁▂▃▅█ | Total Deposits ($M) | $561 | $551 | $560 | $556 | $561 | $578 | $592 | $631 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 10% |