Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.29 | 1.40% |
| Return on Equity (%) | ▲ | 15.27% | +2.21 | 13.06% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.29 | 3.42% |
| Efficiency Ratio (%) | ▲ | 38.95% | -1.04 | 39.99% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.31 | $3 |
| Cost of Funds (%) | ▲ | 2.60% | -0.20 | 2.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $651 | +58.72 | $592 |
| Gross Loans ($M) | ▲ | $480 | +44.76 | $436 |
| Loan Growth YoY (%) | ▼ | 93.03% | -1.34 | 94.37% |
| Total Deposits ($M) | ▲ | $511 | +53.87 | $457 |
| Shareholders Equity ($M) | ▲ | $74 | +8.67 | $65 |
| Tang. Book Value ($M) | ▲ | $69 | +9.57 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +10.16 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 93.03% | -1.34 | 94.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.45% | -0.09 | 0.54% |
| Allowance / Loans (%) | — | 0.99% | 0.08% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.61% | -0.12 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄██ | Net Interest Margin (%) | 3.35% | 3.32% | 3.34% | 3.42% | 3.48% | 3.50% | 3.70% | 3.71% |
| ▂▁▄▄▅▄██ | Return on Assets (%) | 1.26% | 1.14% | 1.37% | 1.40% | 1.45% | 1.40% | 1.75% | 1.69% |
| ▆█▅▃▄▆▁▂ | Efficiency Ratio (%) | 43.5% | 46.7% | 41.8% | 40.0% | 40.5% | 43.4% | 36.6% | 38.9% |
| █▇▅▆▇▂▁▁ | Cost of Funds (%) | 2.89% | 2.85% | 2.78% | 2.80% | 2.84% | 2.65% | 2.61% | 2.60% |
| ▄▄▃▅█▅▁▄ | NPA / Assets (%) | 0.39% | 0.35% | 0.34% | 0.54% | 0.92% | 0.48% | 0.00% | 0.45% |
| ▄▄▄▅█▅▁▄ | Net Charge-Off Ratio (%) | 0.54% | 0.51% | 0.49% | 0.74% | 1.25% | 0.66% | 0.00% | 0.61% |
| ▂▁▃▃▅▆▇█ | Tang. Book Value ($M) | $56 | $54 | $58 | $60 | $63 | $64 | $66 | $69 |
| ▁▁▂▄▅▇▇█ | Gross Loans ($M) | $391 | $394 | $413 | $436 | $440 | $460 | $463 | $480 |
| ▁▃▅▄▅███ | Total Deposits ($M) | $406 | $438 | $460 | $457 | $461 | $504 | $500 | $511 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 16% |
| Agricultural | 28% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 28% |