Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.49% | +0.45 | 1.04% |
| Return on Equity (%) | ▲ | 14.41% | +2.49 | 11.92% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.40 | 3.46% |
| Efficiency Ratio (%) | ▲ | 54.54% | -7.66 | 62.20% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.86 | $2 |
| Cost of Funds (%) | ▲ | 1.28% | -0.20 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $654 | +30.77 | $623 |
| Gross Loans ($M) | ▲ | $429 | +23.34 | $406 |
| Loan Growth YoY (%) | ▼ | 73.71% | -0.18 | 73.88% |
| Total Deposits ($M) | ▲ | $570 | +32.44 | $538 |
| Shareholders Equity ($M) | ▲ | $66 | +7.85 | $58 |
| Tang. Book Value ($M) | ▲ | $66 | +9.35 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $76 | +9.53 | $66 |
| Loan / Deposit Ratio (%) | ▼ | 73.71% | -0.18 | 73.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.30 | 0.49% |
| Allowance / Loans (%) | — | 2.14% | -0.03% | 2.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.46 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.79% | +0.49 | 16.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▇██ | Net Interest Margin (%) | 3.06% | 3.09% | 3.37% | 3.46% | 3.49% | 3.72% | 3.79% | 3.86% |
| ▁▁▄▄▄▅▇█ | Return on Assets (%) | 0.75% | 0.75% | 1.05% | 1.04% | 1.09% | 1.21% | 1.37% | 1.49% |
| ██▅▅▄▂▁▁ | Efficiency Ratio (%) | 68.1% | 68.1% | 62.3% | 62.2% | 61.1% | 56.7% | 54.9% | 54.5% |
| ██▃▄▄▃▁▁ | Cost of Funds (%) | 1.77% | 1.70% | 1.40% | 1.48% | 1.46% | 1.37% | 1.23% | 1.28% |
| █▆█▆▆▁▁▁ | NPA / Assets (%) | 0.60% | 0.50% | 0.63% | 0.49% | 0.49% | 0.20% | 0.23% | 0.19% |
| █▆█▆▆▁▁▁ | Net Charge-Off Ratio (%) | 0.93% | 0.77% | 0.99% | 0.75% | 0.74% | 0.29% | 0.34% | 0.29% |
| ▂▁▂▄▆███ | Tang. Book Value ($M) | $52 | $49 | $53 | $57 | $61 | $64 | $66 | $66 |
| ▁▁▁▁▂▆██ | Gross Loans ($M) | $408 | $407 | $406 | $406 | $410 | $423 | $429 | $429 |
| ▃▆▆▂▁▃▃█ | Total Deposits ($M) | $543 | $559 | $559 | $538 | $528 | $543 | $543 | $570 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 6% |
| Agricultural | 24% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |