Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.14 | 1.14% |
| Return on Equity (%) | ▲ | 10.86% | +0.65 | 10.21% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.18 | 4.29% |
| Efficiency Ratio (%) | ▲ | 61.01% | -3.14 | 64.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.99% | -0.11 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $384 | +12.14 | $372 |
| Gross Loans ($M) | ▼ | $295 | -2.70 | $298 |
| Loan Growth YoY (%) | ▼ | 89.41% | -4.41 | 93.82% |
| Total Deposits ($M) | ▲ | $327 | +12.52 | $315 |
| Shareholders Equity ($M) | ▲ | $46 | +3.86 | $42 |
| Tang. Book Value ($M) | ▲ | $46 | +3.86 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +3.95 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 89.41% | -4.41 | 93.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.42 | 0.26% |
| Allowance / Loans (%) | — | 0.94% | 0.00% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.88% | +0.56 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.56% | +0.58 | 13.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄██ | Net Interest Margin (%) | 4.21% | 4.18% | 4.21% | 4.29% | 4.34% | 4.34% | 4.51% | 4.47% |
| ▁▁▂▃▄▄█▇ | Return on Assets (%) | 1.05% | 1.02% | 1.08% | 1.14% | 1.18% | 1.16% | 1.35% | 1.29% |
| ██▇▅▅▅▁▂ | Efficiency Ratio (%) | 66.1% | 67.0% | 65.7% | 64.2% | 63.5% | 64.1% | 59.7% | 61.0% |
| █▅▃▂▄▂▁▁ | Cost of Funds (%) | 2.53% | 2.30% | 2.18% | 2.11% | 2.20% | 2.12% | 2.02% | 1.99% |
| █▁▁▃▄▅▂█ | NPA / Assets (%) | 0.62% | 0.03% | 0.02% | 0.26% | 0.34% | 0.40% | 0.18% | 0.67% |
| █▁▁▃▄▅▂█ | Net Charge-Off Ratio (%) | 0.79% | 0.03% | 0.02% | 0.32% | 0.43% | 0.52% | 0.23% | 0.88% |
| ▁▁▂▄▅▇██ | Tang. Book Value ($M) | $40 | $40 | $41 | $42 | $44 | $45 | $45 | $46 |
| ▁▂▂▇█▅▄▆ | Gross Loans ($M) | $281 | $285 | $284 | $298 | $301 | $293 | $291 | $295 |
| ▁▃▅▅▆███ | Total Deposits ($M) | $298 | $308 | $313 | $315 | $317 | $324 | $326 | $327 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 8% |
| Agricultural | 34% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 21% |