Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.82% | +0.20 | 1.62% |
| Return on Equity (%) | ▼ | 21.32% | -0.38 | 21.70% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.30 | 3.44% |
| Efficiency Ratio (%) | ▲ | 46.07% | -4.64 | 50.71% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.48 | $2 |
| Cost of Funds (%) | ▲ | 1.71% | -0.32 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $534 | +3.60 | $531 |
| Gross Loans ($M) | ▲ | $410 | +18.91 | $391 |
| Loan Growth YoY (%) | ▲ | 84.58% | +3.41 | 81.17% |
| Total Deposits ($M) | ▲ | $477 | +2.83 | $474 |
| Shareholders Equity ($M) | ▲ | $48 | +7.37 | $41 |
| Tang. Book Value ($M) | ▲ | $48 | +7.37 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +6.88 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 84.58% | +3.41 | 81.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.50% | +0.99 | 0.51% |
| Allowance / Loans (%) | — | 1.55% | 0.01% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 1.95% | +1.26 | 0.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.79 | 12.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.97% | 3.03% | 3.33% | 3.44% | 3.52% | 3.58% | 3.72% | 3.73% |
| ▁▁▄▅▅▅█▇ | Return on Assets (%) | 1.09% | 1.18% | 1.53% | 1.62% | 1.65% | 1.65% | 1.99% | 1.82% |
| ██▂▃▃▃▁▁ | Efficiency Ratio (%) | 59.8% | 59.5% | 49.1% | 50.7% | 49.5% | 49.7% | 46.1% | 46.1% |
| ██▆▅▅▃▁▁ | Cost of Funds (%) | 2.29% | 2.31% | 2.11% | 2.03% | 2.03% | 1.91% | 1.76% | 1.71% |
| ▁▁▁▃▃▃▃█ | NPA / Assets (%) | 0.03% | 0.03% | 0.03% | 0.51% | 0.51% | 0.47% | 0.50% | 1.50% |
| ▁▁▁▃▃▃▃█ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.04% | 0.69% | 0.69% | 0.63% | 0.68% | 1.95% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $36 | $37 | $39 | $41 | $43 | $44 | $47 | $48 |
| ▁▂▄▅▆███ | Gross Loans ($M) | $366 | $375 | $387 | $391 | $398 | $405 | $406 | $410 |
| ▁▅▄▅▆██▆ | Total Deposits ($M) | $456 | $473 | $471 | $474 | $479 | $488 | $488 | $477 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 17% |
| Agricultural | 8% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 14% |