Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.28 | 0.76% |
| Return on Equity (%) | ▲ | 11.87% | +2.12 | 9.75% |
| Net Interest Margin (%) | ▲ | 2.87% | +0.34 | 2.54% |
| Efficiency Ratio (%) | ▲ | 52.53% | -10.68 | 63.22% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 1.28% | -0.22 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $406 | +29.24 | $377 |
| Gross Loans ($M) | ▼ | $145 | -7.70 | $153 |
| Loan Growth YoY (%) | ▼ | 44.16% | -5.45 | 49.61% |
| Total Deposits ($M) | ▲ | $324 | +20.13 | $304 |
| Shareholders Equity ($M) | ▲ | $35 | +4.69 | $30 |
| Tang. Book Value ($M) | ▲ | $31 | +4.90 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +5.81 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 44.16% | -5.45 | 49.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.43 | 0.68% |
| Allowance / Loans (%) | — | 1.16% | 0.04% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.71% | -0.98 | 1.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.16% | +15.16 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▃██ | Net Interest Margin (%) | 2.50% | 2.47% | 2.47% | 2.54% | 2.57% | 2.62% | 2.86% | 2.87% |
| ▁▁▁▃▄▄██ | Return on Assets (%) | 0.68% | 0.64% | 0.66% | 0.76% | 0.81% | 0.82% | 1.09% | 1.05% |
| ███▆▅▅▁▁ | Efficiency Ratio (%) | 67.4% | 69.0% | 67.4% | 63.2% | 61.4% | 61.0% | 51.8% | 52.5% |
| ██▆▆▅▄▁▁ | Cost of Funds (%) | 1.58% | 1.62% | 1.51% | 1.50% | 1.46% | 1.41% | 1.29% | 1.28% |
| ▂▃▃███▂▁ | NPA / Assets (%) | 0.35% | 0.40% | 0.38% | 0.68% | 0.71% | 0.69% | 0.34% | 0.25% |
| ▁▂▂▇██▂▁ | Net Charge-Off Ratio (%) | 0.84% | 0.98% | 0.97% | 1.69% | 1.84% | 1.76% | 0.95% | 0.71% |
| ▅▁▃▂▇███ | Tang. Book Value ($M) | $28 | $25 | $27 | $27 | $30 | $31 | $32 | $31 |
| █▆▆█▆▇▁▂ | Gross Loans ($M) | $152 | $149 | $150 | $153 | $150 | $150 | $143 | $145 |
| ▁▁▅▂▁▂▇█ | Total Deposits ($M) | $301 | $299 | $312 | $304 | $300 | $305 | $318 | $324 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 19% |
| Agricultural | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |