Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.07 | 1.15% |
| Return on Equity (%) | ▲ | 14.20% | +0.43 | 13.77% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.10 | 3.37% |
| Efficiency Ratio (%) | ▲ | 66.05% | -0.31 | 66.35% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.14 | $2 |
| Cost of Funds (%) | ▲ | 2.21% | -0.23 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $653 | +51.42 | $602 |
| Gross Loans ($M) | ▲ | $507 | +48.57 | $458 |
| Loan Growth YoY (%) | ▲ | 84.38% | +1.89 | 82.49% |
| Total Deposits ($M) | ▲ | $592 | +45.46 | $547 |
| Shareholders Equity ($M) | ▲ | $58 | +8.03 | $50 |
| Tang. Book Value ($M) | ▲ | $55 | +8.05 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +8.00 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 84.38% | +1.89 | 82.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.30% | 0.00 | 0.30% |
| Allowance / Loans (%) | — | 1.44% | -0.18% | 1.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.01 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.02% | -0.19 | 12.21% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▅▇▇▆█ | Net Interest Margin (%) | 3.38% | 3.37% | 3.22% | 3.37% | 3.42% | 3.42% | 3.38% | 3.47% |
| ▂▁▁▅▆▇▇█ | Return on Assets (%) | 1.11% | 1.08% | 1.07% | 1.15% | 1.18% | 1.19% | 1.19% | 1.22% |
| ▆█▆▃▂▁▁▂ | Efficiency Ratio (%) | 67.5% | 68.4% | 67.4% | 66.4% | 65.8% | 65.7% | 65.4% | 66.0% |
| █▇▆▅▄▂▁▁ | Cost of Funds (%) | 2.64% | 2.56% | 2.52% | 2.44% | 2.36% | 2.25% | 2.16% | 2.21% |
| ▁▄█▅▅▄▄▅ | NPA / Assets (%) | 0.16% | 0.27% | 0.40% | 0.30% | 0.30% | 0.27% | 0.26% | 0.30% |
| ▁▄█▅▅▄▄▅ | Net Charge-Off Ratio (%) | 0.00% | 0.15% | 0.33% | 0.19% | 0.20% | 0.16% | 0.15% | 0.20% |
| ▂▁▁▁▃▆▅█ | Tang. Book Value ($M) | $49 | $48 | $48 | $47 | $50 | $53 | $52 | $55 |
| ▁▃▃▄▄███ | Gross Loans ($M) | $428 | $453 | $452 | $458 | $460 | $499 | $501 | $507 |
| ▁▁▅▃▄▆██ | Total Deposits ($M) | $522 | $530 | $562 | $547 | $553 | $579 | $598 | $592 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 6% |
| Agricultural | 33% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 24% |