Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.06% | -0.58 | 1.64% |
| Return on Equity (%) | ▼ | 11.21% | -7.09 | 18.30% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.18 | 3.59% |
| Efficiency Ratio (%) | ▼ | 62.11% | +7.39 | 54.72% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.84 | $2 |
| Cost of Funds (%) | ▼ | 1.60% | +0.01 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $383 | +8.57 | $374 |
| Gross Loans ($M) | ▲ | $227 | +11.29 | $215 |
| Loan Growth YoY (%) | ▲ | 64.14% | +1.85 | 62.29% |
| Total Deposits ($M) | ▲ | $344 | +6.38 | $338 |
| Shareholders Equity ($M) | ▲ | $37 | +2.27 | $35 |
| Tang. Book Value ($M) | ▲ | $37 | +2.27 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +0.05 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 64.14% | +1.85 | 62.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.29 | 0.25% |
| Allowance / Loans (%) | — | 2.68% | 0.30% | 2.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.91% | +0.66 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.78% | -0.18 | 16.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▇▇▇█ | Net Interest Margin (%) | 3.11% | 3.23% | 3.53% | 3.59% | 3.65% | 3.65% | 3.68% | 3.77% |
| ▁▁▆█▇▃▄▄ | Return on Assets (%) | 0.49% | 0.56% | 1.31% | 1.64% | 1.37% | 0.90% | 0.99% | 1.06% |
| ██▃▁▃▄▄▃ | Efficiency Ratio (%) | 76.1% | 74.7% | 61.3% | 54.7% | 60.8% | 63.3% | 63.5% | 62.1% |
| ▆▄▁▅█▂▁▆ | Cost of Funds (%) | 1.60% | 1.58% | 1.53% | 1.59% | 1.63% | 1.54% | 1.53% | 1.60% |
| ▁▁▃▃▃▃██ | NPA / Assets (%) | 0.11% | 0.12% | 0.25% | 0.25% | 0.25% | 0.23% | 0.55% | 0.54% |
| ▁▁▃▃▃▄██ | Net Charge-Off Ratio (%) | 0.00% | 0.02% | 0.26% | 0.25% | 0.25% | 0.37% | 0.93% | 0.91% |
| ▁▁▂▅▆▆▇█ | Tang. Book Value ($M) | $32 | $32 | $33 | $35 | $35 | $35 | $36 | $37 |
| ▁▁▂▄▅██▇ | Gross Loans ($M) | $205 | $206 | $211 | $215 | $219 | $230 | $228 | $227 |
| ▁▁▅▅▃▇██ | Total Deposits ($M) | $328 | $329 | $339 | $338 | $333 | $341 | $346 | $344 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 10% |
| Agricultural | 4% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 2% |