Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.73% | -0.40 | 3.12% |
| Return on Equity (%) | ▼ | 19.85% | -7.00 | 26.85% |
| Net Interest Margin (%) | ▼ | 4.50% | -0.09 | 4.59% |
| Efficiency Ratio (%) | ▼ | 39.37% | +5.37 | 34.00% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.75 | $3 |
| Cost of Funds (%) | ▲ | 0.83% | -0.06 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $358 | -17.38 | $375 |
| Gross Loans ($M) | ▲ | $117 | +7.53 | $110 |
| Loan Growth YoY (%) | ▲ | 37.19% | +4.93 | 32.26% |
| Total Deposits ($M) | ▼ | $306 | -23.76 | $329 |
| Shareholders Equity ($M) | ▲ | $51 | +6.31 | $45 |
| Tang. Book Value ($M) | ▲ | $51 | +6.31 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +5.74 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 37.19% | +4.93 | 32.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.02 | 0.41% |
| Allowance / Loans (%) | — | 3.04% | -0.08% | 3.12% |
| Net Charge-Off Ratio (%) | ▲ | 1.30% | -0.09 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 36.48% | +3.11 | 33.36% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▄▆▇█▃▃ | Net Interest Margin (%) | 4.44% | 4.52% | 4.53% | 4.59% | 4.60% | 4.65% | 4.50% | 4.50% |
| █▅▇▆▆▅▅▁ | Return on Assets (%) | 3.27% | 3.03% | 3.19% | 3.12% | 3.12% | 3.01% | 3.03% | 2.73% |
| ▁▄▁▁▂▆▄█ | Efficiency Ratio (%) | 33.7% | 36.2% | 34.3% | 34.0% | 34.5% | 37.3% | 36.3% | 39.4% |
| ██▃▄▂▂▁▁ | Cost of Funds (%) | 1.01% | 0.99% | 0.88% | 0.90% | 0.84% | 0.85% | 0.81% | 0.83% |
| ▁▅▇▇▆▆█▇ | NPA / Assets (%) | 0.23% | 0.36% | 0.41% | 0.41% | 0.39% | 0.38% | 0.46% | 0.42% |
| ▁▃▇▇▆▆█▆ | Net Charge-Off Ratio (%) | 0.70% | 0.98% | 1.36% | 1.39% | 1.25% | 1.23% | 1.50% | 1.30% |
| ▂▁▂▄▆███ | Tang. Book Value ($M) | $43 | $40 | $43 | $45 | $48 | $50 | $50 | $51 |
| ██▃▁▁▂▅▇ | Gross Loans ($M) | $119 | $118 | $113 | $110 | $110 | $111 | $114 | $117 |
| ▄▁█▆▅▄▅▃ | Total Deposits ($M) | $312 | $288 | $344 | $329 | $322 | $313 | $323 | $306 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 44% |
| C&I / Commercial | 5% |
| Agricultural | 39% |
| Consumer | 6% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |