Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.12 | 0.89% |
| Return on Equity (%) | ▲ | 7.85% | +0.98 | 6.87% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.05 | 3.70% |
| Efficiency Ratio (%) | ▲ | 65.91% | -5.20 | 71.10% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.69 | $1 |
| Cost of Funds (%) | ▼ | 1.79% | +0.07 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $563 | +61.96 | $501 |
| Gross Loans ($M) | ▲ | $448 | +34.52 | $413 |
| Loan Growth YoY (%) | ▼ | 91.66% | -5.99 | 97.66% |
| Total Deposits ($M) | ▲ | $482 | +64.48 | $418 |
| Shareholders Equity ($M) | ▲ | $73 | +6.48 | $66 |
| Tang. Book Value ($M) | ▲ | $72 | +6.44 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +6.55 | $69 |
| Loan / Deposit Ratio (%) | ▼ | 91.66% | -5.99 | 97.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.15% | +0.01 | 0.14% |
| Allowance / Loans (%) | — | 1.32% | -0.00% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.19% | +0.04 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.38% | -0.25 | 16.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇██▄█ | Net Interest Margin (%) | 3.48% | 3.50% | 3.63% | 3.70% | 3.73% | 3.76% | 3.60% | 3.75% |
| ▄▅▁▅▅▇▁█ | Return on Assets (%) | 0.88% | 0.89% | 0.78% | 0.89% | 0.90% | 0.95% | 0.76% | 1.01% |
| ██▆▆▆▆▄▁ | Efficiency Ratio (%) | 73.2% | 72.4% | 70.8% | 71.1% | 71.3% | 70.6% | 69.1% | 65.9% |
| ██▁▃▇▇▆█ | Cost of Funds (%) | 1.79% | 1.80% | 1.67% | 1.72% | 1.78% | 1.78% | 1.75% | 1.79% |
| ▁█▃▁▁▁▃▁ | NPA / Assets (%) | 0.14% | 0.85% | 0.28% | 0.14% | 0.11% | 0.07% | 0.35% | 0.15% |
| ▁█▃▁▁▁▃▁ | Net Charge-Off Ratio (%) | 0.17% | 1.02% | 0.36% | 0.15% | 0.12% | 0.07% | 0.42% | 0.19% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $62 | $62 | $64 | $66 | $67 | $69 | $70 | $72 |
| ▁▁▁▃▄▆██ | Gross Loans ($M) | $399 | $405 | $402 | $413 | $422 | $430 | $448 | $448 |
| ▁▁▃▁▂▆██ | Total Deposits ($M) | $409 | $412 | $434 | $418 | $425 | $457 | $477 | $482 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 12% |