Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.45% | -0.04 | 2.49% |
| Return on Equity (%) | ▼ | 24.82% | -1.80 | 26.62% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.13 | 4.32% |
| Efficiency Ratio (%) | ▼ | 49.89% | +3.91 | 45.97% |
| Pre-Provision Profit ($M) | ▼ | $7 | -0.18 | $7 |
| Cost of Funds (%) | ▲ | 1.49% | -0.05 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,103 | +38.31 | $1,065 |
| Gross Loans ($M) | ▲ | $883 | +24.63 | $858 |
| Loan Growth YoY (%) | ▼ | 100.67% | -4.20 | 104.86% |
| Total Deposits ($M) | ▲ | $864 | +57.78 | $806 |
| Shareholders Equity ($M) | ▲ | $106 | +7.57 | $98 |
| Tang. Book Value ($M) | ▲ | $103 | +7.62 | $96 |
| TBV excl. AOCI ($M)** | ▲ | $112 | +8.09 | $104 |
| Loan / Deposit Ratio (%) | ▼ | 100.67% | -4.20 | 104.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.44 | 0.09% |
| Allowance / Loans (%) | — | 1.50% | -0.01% | 1.52% |
| Net Charge-Off Ratio (%) | ▼ | 0.66% | +0.55 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇███ | Net Interest Margin (%) | 3.76% | 3.82% | 4.24% | 4.32% | 4.35% | 4.38% | 4.39% | 4.45% |
| ▁▁▇█▇▇▇█ | Return on Assets (%) | 2.00% | 2.05% | 2.37% | 2.49% | 2.43% | 2.43% | 2.39% | 2.45% |
| ██▃▁▂▄█▇ | Efficiency Ratio (%) | 51.1% | 50.7% | 47.3% | 46.0% | 47.1% | 48.1% | 50.6% | 49.9% |
| █▆▃▂▃▁▁▁ | Cost of Funds (%) | 1.83% | 1.73% | 1.62% | 1.55% | 1.60% | 1.50% | 1.50% | 1.49% |
| ▁▁▁▁▅███ | NPA / Assets (%) | 0.10% | 0.13% | 0.09% | 0.09% | 0.35% | 0.50% | 0.55% | 0.53% |
| ▁▁▁▁▅███ | Net Charge-Off Ratio (%) | 0.13% | 0.16% | 0.11% | 0.11% | 0.43% | 0.62% | 0.68% | 0.66% |
| ▁▁▄▁▆██▆ | Tang. Book Value ($M) | $96 | $95 | $100 | $96 | $103 | $106 | $106 | $103 |
| ▁▅▂▄▄▆▆█ | Gross Loans ($M) | $839 | $865 | $847 | $858 | $855 | $869 | $871 | $883 |
| ▂▂▅▂▅▁▇█ | Total Deposits ($M) | $810 | $808 | $830 | $806 | $835 | $794 | $847 | $864 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 12% |