Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.24% | +0.12 | 2.12% |
| Return on Equity (%) | ▲ | 21.87% | +0.40 | 21.47% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.29 | 3.80% |
| Efficiency Ratio (%) | ▼ | 39.82% | +2.04 | 37.78% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.26 | $5 |
| Cost of Funds (%) | ▲ | 2.51% | -0.38 | 2.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $826 | +109.98 | $717 |
| Gross Loans ($M) | ▲ | $714 | +82.86 | $632 |
| Loan Growth YoY (%) | ▼ | 105.11% | -0.78 | 105.89% |
| Total Deposits ($M) | ▲ | $672 | +82.38 | $589 |
| Shareholders Equity ($M) | ▲ | $87 | +16.38 | $71 |
| Tang. Book Value ($M) | ▲ | $78 | +14.13 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +14.12 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 105.11% | -0.78 | 105.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.31% | +0.89 | 0.42% |
| Allowance / Loans (%) | — | 1.18% | -0.02% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 1.51% | +1.04 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▅██ | Net Interest Margin (%) | 3.50% | 3.57% | 3.65% | 3.80% | 3.85% | 3.82% | 4.04% | 4.09% |
| ▁▁▅▆█▆▆█ | Return on Assets (%) | 1.91% | 1.89% | 2.09% | 2.12% | 2.20% | 2.11% | 2.15% | 2.24% |
| ▆█▄▁▁▂▂▃ | Efficiency Ratio (%) | 43.7% | 45.8% | 40.8% | 37.8% | 38.4% | 39.6% | 39.6% | 39.8% |
| █▆▄▅▅▃▁▁ | Cost of Funds (%) | 3.29% | 3.05% | 2.84% | 2.89% | 2.86% | 2.70% | 2.40% | 2.51% |
| ▃▁▂▂▂▂▂█ | NPA / Assets (%) | 0.57% | 0.25% | 0.48% | 0.42% | 0.41% | 0.48% | 0.47% | 1.31% |
| ▄▁▂▃▃▃▃█ | Net Charge-Off Ratio (%) | 0.68% | 0.02% | 0.29% | 0.47% | 0.47% | 0.54% | 0.54% | 1.51% |
| ▁▁▂▂▄▅██ | Tang. Book Value ($M) | $60 | $60 | $64 | $64 | $68 | $70 | $76 | $78 |
| ▁▂▃▄▄▅█▇ | Gross Loans ($M) | $564 | $595 | $614 | $632 | $643 | $670 | $738 | $714 |
| ▁▁▂▂▄▅█▇ | Total Deposits ($M) | $556 | $562 | $588 | $589 | $613 | $629 | $700 | $672 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 44% |
| C&I / Commercial | 13% |
| Agricultural | 40% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 23% |