Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.50% | -0.14 | 1.64% |
| Return on Equity (%) | ▼ | 12.99% | -2.47 | 15.46% |
| Net Interest Margin (%) | ▼ | 4.44% | -0.08 | 4.52% |
| Efficiency Ratio (%) | ▼ | 55.68% | +2.94 | 52.74% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.66 | $4 |
| Cost of Funds (%) | ▲ | 2.25% | -0.15 | 2.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $896 | +75.34 | $821 |
| Gross Loans ($M) | ▲ | $743 | +39.91 | $704 |
| Loan Growth YoY (%) | ▼ | 102.81% | -2.54 | 105.35% |
| Total Deposits ($M) | ▲ | $709 | +53.37 | $656 |
| Shareholders Equity ($M) | ▲ | $103 | +13.25 | $89 |
| Tang. Book Value ($M) | ▲ | $102 | +13.37 | $88 |
| Loan / Deposit Ratio (%) | ▼ | 102.81% | -2.54 | 105.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.55% | -0.11 | 0.66% |
| Allowance / Loans (%) | — | 1.95% | 0.13% | 1.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.67% | -0.11 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.07% | +0.69 | 12.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▆▅▅▄▅ | Net Interest Margin (%) | 4.00% | 3.97% | 4.79% | 4.52% | 4.45% | 4.45% | 4.37% | 4.44% |
| ▁▁█▆▆▆▄▄ | Return on Assets (%) | 1.11% | 1.14% | 1.89% | 1.64% | 1.64% | 1.62% | 1.45% | 1.50% |
| ██▁▃▂▃▄▅ | Efficiency Ratio (%) | 61.0% | 59.9% | 49.1% | 52.7% | 51.7% | 52.9% | 54.5% | 55.7% |
| ██▅▅▃▅▁▂ | Cost of Funds (%) | 2.57% | 2.61% | 2.41% | 2.40% | 2.29% | 2.42% | 2.15% | 2.25% |
| ▆▆▃▃▂█▁▁ | NPA / Assets (%) | 0.90% | 0.86% | 0.65% | 0.66% | 0.62% | 1.03% | 0.52% | 0.55% |
| █▇▃▃▂█▁▁ | Net Charge-Off Ratio (%) | 1.12% | 1.08% | 0.79% | 0.78% | 0.76% | 1.19% | 0.62% | 0.67% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $79 | $81 | $85 | $88 | $92 | $96 | $98 | $102 |
| ▁▁▄▆▆▇██ | Gross Loans ($M) | $629 | $643 | $673 | $704 | $705 | $720 | $739 | $743 |
| ▁▂▃▄▆▃▆█ | Total Deposits ($M) | $622 | $634 | $648 | $656 | $682 | $645 | $686 | $709 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 14% |