Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.18% | +0.06 | 1.13% |
| Return on Equity (%) | ▼ | 12.61% | -0.08 | 12.69% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.18 | 3.12% |
| Efficiency Ratio (%) | ▲ | 56.62% | -3.86 | 60.48% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.01 | $2 |
| Cost of Funds (%) | ▲ | 2.46% | -0.26 | 2.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $434 | +16.69 | $417 |
| Gross Loans ($M) | ▲ | $353 | +16.15 | $336 |
| Loan Growth YoY (%) | ▲ | 101.10% | +1.75 | 99.35% |
| Total Deposits ($M) | ▲ | $345 | +9.23 | $336 |
| Shareholders Equity ($M) | ▲ | $41 | +4.76 | $36 |
| Tang. Book Value ($M) | ▲ | $41 | +4.79 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +4.89 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 101.10% | +1.75 | 99.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.07% | +1.95 | 1.12% |
| Allowance / Loans (%) | — | 1.00% | 0.23% | 0.77% |
| Net Charge-Off Ratio (%) | ▼ | 3.04% | +1.65 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.49% | +0.06 | 13.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇█▇ | Net Interest Margin (%) | 2.89% | 2.94% | 2.97% | 3.12% | 3.19% | 3.26% | 3.36% | 3.30% |
| ▁▂▂▇▆▇▆█ | Return on Assets (%) | 0.90% | 0.95% | 0.96% | 1.13% | 1.10% | 1.13% | 1.10% | 1.18% |
| ███▄▄▂▁▁ | Efficiency Ratio (%) | 66.1% | 65.5% | 66.5% | 60.5% | 60.1% | 58.5% | 55.9% | 56.6% |
| █▆▇▆▄▂▁▁ | Cost of Funds (%) | 2.88% | 2.72% | 2.79% | 2.72% | 2.64% | 2.54% | 2.43% | 2.46% |
| ▁▁▁▁▃▆▇█ | NPA / Assets (%) | 1.01% | 0.97% | 1.00% | 1.12% | 1.68% | 2.43% | 2.69% | 3.07% |
| ▁▁▁▁▅█▆█ | Net Charge-Off Ratio (%) | 1.20% | 1.21% | 1.24% | 1.39% | 2.17% | 3.02% | 2.57% | 3.04% |
| ▁▁▁▁▄▆▆█ | Tang. Book Value ($M) | $36 | $36 | $36 | $36 | $38 | $39 | $39 | $41 |
| ▁▂▁▄▃▅▆█ | Gross Loans ($M) | $324 | $330 | $323 | $336 | $333 | $340 | $345 | $353 |
| ▁▃▄▂█▆▄▄ | Total Deposits ($M) | $330 | $342 | $344 | $336 | $366 | $353 | $344 | $345 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 5% |
| Agricultural | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 15% |