Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +1.27 | 0.08% |
| Return on Equity (%) | ▲ | 13.83% | +12.88 | 0.95% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.33 | 3.81% |
| Efficiency Ratio (%) | ▼ | 64.88% | +1.10 | 63.78% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.19% | -0.18 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $438 | +1.62 | $436 |
| Gross Loans ($M) | ▲ | $329 | +1.91 | $327 |
| Loan Growth YoY (%) | ▼ | 86.96% | -1.09 | 88.05% |
| Total Deposits ($M) | ▲ | $373 | +7.35 | $366 |
| Shareholders Equity ($M) | ▲ | $43 | +4.78 | $39 |
| Tang. Book Value ($M) | ▲ | $39 | +4.78 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +4.56 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 86.96% | -1.09 | 88.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.84% | -0.37 | 1.21% |
| Allowance / Loans (%) | — | 1.29% | -0.16% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 1.12% | -0.22 | 1.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.18% | +1.20 | 11.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▅▇█ | Net Interest Margin (%) | 3.39% | 3.42% | 3.73% | 3.81% | 3.83% | 3.86% | 4.05% | 4.15% |
| ▆▅▁▂▄▆██ | Return on Assets (%) | 0.79% | 0.72% | -0.23% | 0.08% | 0.52% | 0.81% | 1.39% | 1.35% |
| ██▁▂▂▂▂▃ | Efficiency Ratio (%) | 71.0% | 70.3% | 62.0% | 63.8% | 63.7% | 63.5% | 63.3% | 64.9% |
| █▇▃▃▅▄▂▁ | Cost of Funds (%) | 1.67% | 1.58% | 1.34% | 1.37% | 1.46% | 1.37% | 1.29% | 1.19% |
| ██▄▅▆▅▄▁ | NPA / Assets (%) | 1.54% | 1.53% | 1.19% | 1.21% | 1.28% | 1.24% | 1.18% | 0.84% |
| ██▄▂▃▃▂▁ | Net Charge-Off Ratio (%) | 2.00% | 2.02% | 1.55% | 1.34% | 1.42% | 1.36% | 1.31% | 1.12% |
| ▁▁▁▃▆▇██ | Tang. Book Value ($M) | $32 | $32 | $32 | $34 | $36 | $38 | $39 | $39 |
| ██▁▁▁▇▃▂ | Gross Loans ($M) | $341 | $340 | $328 | $327 | $326 | $339 | $331 | $329 |
| ▅█▄▁▁▆▂▃ | Total Deposits ($M) | $381 | $393 | $379 | $366 | $365 | $386 | $370 | $373 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 13% |
| Agricultural | 7% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 5% |