Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.52% | +0.17 | 0.35% |
| Return on Equity (%) | ▲ | 5.99% | +2.14 | 3.85% |
| Net Interest Margin (%) | ▲ | 2.83% | +0.31 | 2.51% |
| Efficiency Ratio (%) | ▲ | 72.84% | -8.21 | 81.06% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.71 | $1 |
| Cost of Funds (%) | ▲ | 1.96% | -0.14 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,064 | +116.05 | $948 |
| Gross Loans ($M) | ▲ | $737 | +46.73 | $691 |
| Loan Growth YoY (%) | ▼ | 85.53% | -8.93 | 94.45% |
| Total Deposits ($M) | ▲ | $854 | +130.18 | $724 |
| Shareholders Equity ($M) | ▲ | $91 | +2.92 | $88 |
| Tang. Book Value ($M) | ▲ | $91 | +2.92 | $88 |
| TBV excl. AOCI ($M)** | ▲ | $99 | +2.47 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 85.53% | -8.93 | 94.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.64 | 0.84% |
| Allowance / Loans (%) | — | 0.97% | -0.07% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.86 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 2.30% | 2.34% | 2.39% | 2.51% | 2.59% | 2.65% | 2.79% | 2.83% |
| ▁▂▁▃▂▄▇█ | Return on Assets (%) | 0.29% | 0.32% | 0.29% | 0.35% | 0.32% | 0.39% | 0.48% | 0.52% |
| █▇█▆▄▃▂▁ | Efficiency Ratio (%) | 84.0% | 82.5% | 84.5% | 81.1% | 78.7% | 76.1% | 74.4% | 72.8% |
| █▇▄▅▄▃▁▂ | Cost of Funds (%) | 2.28% | 2.23% | 2.06% | 2.10% | 2.07% | 2.02% | 1.91% | 1.96% |
| ▁▁█▇▂▂▂▂ | NPA / Assets (%) | 0.00% | 0.00% | 0.98% | 0.84% | 0.22% | 0.22% | 0.21% | 0.20% |
| ▁▁█▇▂▂▂▂ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 1.40% | 1.15% | 0.31% | 0.30% | 0.29% | 0.29% |
| ▁▁▅▂▆▂▅█ | Tang. Book Value ($M) | $87 | $87 | $89 | $88 | $89 | $88 | $89 | $91 |
| ▁▃▄▅▆▆██ | Gross Loans ($M) | $632 | $663 | $681 | $691 | $702 | $709 | $732 | $737 |
| ▂▁▂▁▂▂▄█ | Total Deposits ($M) | $751 | $720 | $740 | $724 | $749 | $752 | $773 | $854 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 12% |
| Agricultural | 8% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 16% |