Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.26% | +0.14 | 2.12% |
| Return on Equity (%) | ▲ | 19.35% | +0.25 | 19.10% |
| Net Interest Margin (%) | ▲ | 3.61% | +0.57 | 3.05% |
| Efficiency Ratio (%) | ▲ | 42.91% | -4.63 | 47.54% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.72 | $3 |
| Cost of Funds (%) | ▲ | 1.81% | -0.30 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $586 | +22.07 | $564 |
| Gross Loans ($M) | ▲ | $503 | +11.59 | $491 |
| Loan Growth YoY (%) | ▼ | 97.92% | -1.51 | 99.43% |
| Total Deposits ($M) | ▲ | $506 | +19.34 | $486 |
| Shareholders Equity ($M) | ▲ | $69 | +4.70 | $64 |
| Tang. Book Value ($M) | ▲ | $67 | +4.61 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +4.15 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 97.92% | -1.51 | 99.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.02 | 0.18% |
| Allowance / Loans (%) | — | 1.46% | -0.04% | 1.50% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.02 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.14% | +0.46 | 13.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 2.57% | 2.67% | 2.95% | 3.05% | 3.12% | 3.20% | 3.53% | 3.61% |
| ▁▂▇▇▇▇██ | Return on Assets (%) | 1.33% | 1.55% | 2.08% | 2.12% | 2.07% | 2.03% | 2.24% | 2.26% |
| █▇▅▄▄▃▁▁ | Efficiency Ratio (%) | 52.8% | 51.0% | 48.3% | 47.5% | 46.8% | 46.5% | 43.9% | 42.9% |
| █▇▄▅▄▃▁▁ | Cost of Funds (%) | 2.39% | 2.26% | 2.08% | 2.10% | 2.06% | 2.00% | 1.80% | 1.81% |
| ▁▅▆▇▆▆▆█ | NPA / Assets (%) | 0.06% | 0.14% | 0.15% | 0.18% | 0.16% | 0.16% | 0.16% | 0.20% |
| ▁▅▆▇▆▆▆█ | Net Charge-Off Ratio (%) | 0.07% | 0.16% | 0.18% | 0.21% | 0.19% | 0.18% | 0.18% | 0.23% |
| ▁▁▂▄▅▆██ | Tang. Book Value ($M) | $60 | $60 | $61 | $63 | $64 | $65 | $66 | $67 |
| ▁▅▃▄▅███ | Gross Loans ($M) | $481 | $493 | $487 | $491 | $494 | $504 | $502 | $503 |
| ▁▂▄▁▅▅██ | Total Deposits ($M) | $485 | $490 | $493 | $486 | $497 | $496 | $504 | $506 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 4% |
| Agricultural | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 11% |