Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.24% | +0.22 | 2.02% |
| Return on Equity (%) | ▲ | 19.39% | +0.39 | 19.00% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.21 | 3.03% |
| Efficiency Ratio (%) | ▲ | 29.84% | -2.47 | 32.30% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.34 | $2 |
| Cost of Funds (%) | ▲ | 1.12% | -0.13 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $427 | +9.01 | $418 |
| Gross Loans ($M) | ▼ | $61 | -13.76 | $75 |
| Loan Growth YoY (%) | ▼ | 15.76% | -3.87 | 19.63% |
| Total Deposits ($M) | ▲ | $375 | +4.35 | $371 |
| Shareholders Equity ($M) | ▲ | $51 | +4.59 | $46 |
| Tang. Book Value ($M) | ▲ | $51 | +4.59 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +5.02 | $61 |
| Loan / Deposit Ratio (%) | ▼ | 15.76% | -3.87 | 19.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.01 | 0.26% |
| Allowance / Loans (%) | — | 2.82% | 0.39% | 2.43% |
| Net Charge-Off Ratio (%) | ▼ | 1.74% | +0.30 | 1.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 41.91% | +13.76 | 28.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▇▇███ | Net Interest Margin (%) | 2.06% | 2.25% | 2.98% | 3.03% | 3.09% | 3.14% | 3.16% | 3.24% |
| ▁▁▆▇▇▇██ | Return on Assets (%) | 1.19% | 1.29% | 1.96% | 2.02% | 1.98% | 1.99% | 2.15% | 2.24% |
| ██▂▂▃▄▁▁ | Efficiency Ratio (%) | 42.5% | 42.6% | 32.6% | 32.3% | 33.9% | 35.0% | 30.9% | 29.8% |
| ██▆▅▃▃▁▁ | Cost of Funds (%) | 1.38% | 1.36% | 1.29% | 1.25% | 1.21% | 1.18% | 1.10% | 1.12% |
| ▆▆█▃▁▁▄▁ | NPA / Assets (%) | 0.27% | 0.28% | 0.29% | 0.26% | 0.25% | 0.24% | 0.26% | 0.25% |
| ▁▁▅▃▂▂█▆ | Net Charge-Off Ratio (%) | 1.20% | 1.27% | 1.60% | 1.45% | 1.37% | 1.34% | 1.98% | 1.74% |
| ▂▁▃▅▇▇██ | Tang. Book Value ($M) | $43 | $41 | $45 | $46 | $49 | $49 | $51 | $51 |
| ██▅▅▅▆▁▁ | Gross Loans ($M) | $90 | $89 | $75 | $75 | $78 | $79 | $58 | $61 |
| ▁▄▄▄▆██▅ | Total Deposits ($M) | $352 | $369 | $369 | $371 | $378 | $386 | $390 | $375 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 20% |
| C&I / Commercial | 14% |
| Agricultural | 65% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 42% |
| Brokered / Other | 14% |