Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.21 | 1.22% |
| Return on Equity (%) | ▲ | 15.88% | +1.19 | 14.69% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.24 | 3.21% |
| Efficiency Ratio (%) | ▲ | 53.19% | -5.59 | 58.78% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.39 | $2 |
| Cost of Funds (%) | ▲ | 1.80% | -0.38 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $723 | +90.03 | $633 |
| Gross Loans ($M) | ▲ | $305 | +25.45 | $279 |
| Loan Growth YoY (%) | ▼ | 49.58% | -2.23 | 51.81% |
| Total Deposits ($M) | ▲ | $602 | +72.10 | $530 |
| Shareholders Equity ($M) | ▲ | $67 | +14.15 | $53 |
| Tang. Book Value ($M) | ▲ | $56 | +12.27 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +12.93 | $58 |
| Loan / Deposit Ratio (%) | ▼ | 49.58% | -2.23 | 51.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.09% | +0.65 | 0.44% |
| Allowance / Loans (%) | — | 1.95% | 0.37% | 1.58% |
| Net Charge-Off Ratio (%) | ▼ | 1.92% | +0.93 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.05% | +0.92 | 12.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▂▃▄▂█ | Net Interest Margin (%) | 3.20% | 3.26% | 3.15% | 3.21% | 3.25% | 3.27% | 3.23% | 3.46% |
| ▄▅▁▃▅▅██ | Return on Assets (%) | 1.25% | 1.30% | 1.08% | 1.22% | 1.31% | 1.29% | 1.48% | 1.43% |
| ▄▃█▇▆▄▁▂ | Efficiency Ratio (%) | 55.8% | 54.5% | 60.4% | 58.8% | 57.2% | 55.7% | 51.5% | 53.2% |
| █▆▆▆▅▄▁▁ | Cost of Funds (%) | 2.42% | 2.25% | 2.18% | 2.18% | 2.15% | 2.03% | 1.74% | 1.80% |
| ▅▁▁▁▁▅▆█ | NPA / Assets (%) | 0.76% | 0.40% | 0.44% | 0.44% | 0.44% | 0.83% | 0.85% | 1.09% |
| ▇▁▂▁▁█▄█ | Net Charge-Off Ratio (%) | 1.76% | 0.88% | 1.04% | 0.99% | 1.00% | 1.93% | 1.33% | 1.92% |
| ▂▁▁▂▄▅▇█ | Tang. Book Value ($M) | $44 | $42 | $44 | $44 | $48 | $50 | $53 | $56 |
| ▁▂▂▃▃▃█▆ | Gross Loans ($M) | $264 | $273 | $272 | $279 | $283 | $281 | $319 | $305 |
| ▁▁▂▂▂▂█▇ | Total Deposits ($M) | $516 | $515 | $537 | $530 | $540 | $538 | $617 | $602 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 8% |