Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.53 | 0.88% |
| Return on Equity (%) | ▲ | 12.37% | +3.97 | 8.40% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.60 | 3.69% |
| Efficiency Ratio (%) | ▲ | 54.37% | -13.08 | 67.45% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.24 | $2 |
| Cost of Funds (%) | ▲ | 1.43% | -0.32 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $556 | +16.39 | $540 |
| Gross Loans ($M) | ▲ | $416 | +17.28 | $398 |
| Loan Growth YoY (%) | ▲ | 86.95% | +0.00 | 86.95% |
| Total Deposits ($M) | ▲ | $472 | +19.79 | $452 |
| Shareholders Equity ($M) | ▲ | $64 | +4.80 | $59 |
| Tang. Book Value ($M) | ▲ | $55 | +4.80 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $60 | +4.61 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 86.95% | +0.00 | 86.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.82% | +0.05 | 0.77% |
| Allowance / Loans (%) | — | 1.32% | -0.04% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 1.09% | +0.05 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.97% | +0.30 | 13.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▃▄▇█ | Net Interest Margin (%) | 3.44% | 3.49% | 3.72% | 3.69% | 3.74% | 3.86% | 4.14% | 4.28% |
| ▁▁▁▂▂▃█▆ | Return on Assets (%) | 0.82% | 0.81% | 0.73% | 0.88% | 0.87% | 0.96% | 1.64% | 1.40% |
| ▇██▆▆▆▁▂ | Efficiency Ratio (%) | 70.1% | 71.0% | 73.0% | 67.4% | 66.5% | 65.4% | 50.9% | 54.4% |
| ██▆▅▁▁▁▁ | Cost of Funds (%) | 2.07% | 2.00% | 1.88% | 1.75% | 1.45% | 1.45% | 1.39% | 1.43% |
| ▁▂█▅█▇▇▅ | NPA / Assets (%) | 0.34% | 0.50% | 1.10% | 0.77% | 1.13% | 1.02% | 0.97% | 0.82% |
| ▁▂▇▅█▇▇▅ | Net Charge-Off Ratio (%) | 0.41% | 0.59% | 1.30% | 1.04% | 1.53% | 1.37% | 1.37% | 1.09% |
| ▁▁▁▇▇███ | Tang. Book Value ($M) | $36 | $33 | $34 | $50 | $53 | $54 | $55 | $55 |
| ▁▁▁▇▇███ | Gross Loans ($M) | $316 | $318 | $324 | $398 | $398 | $405 | $406 | $416 |
| ▁▁▁▇▇▇██ | Total Deposits ($M) | $313 | $301 | $311 | $452 | $453 | $447 | $489 | $472 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 10% |
| Agricultural | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |