Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.11 | 0.90% |
| Return on Equity (%) | ▼ | 18.25% | -2.32 | 20.57% |
| Net Interest Margin (%) | ▲ | 3.15% | +0.32 | 2.83% |
| Efficiency Ratio (%) | ▲ | 69.64% | -0.86 | 70.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 2.30% | -0.13 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $338 | +13.52 | $324 |
| Gross Loans ($M) | ▲ | $254 | +9.34 | $244 |
| Loan Growth YoY (%) | ▲ | 88.53% | +0.39 | 88.15% |
| Total Deposits ($M) | ▲ | $284 | +9.36 | $275 |
| Shareholders Equity ($M) | ▲ | $20 | +5.67 | $15 |
| Tang. Book Value ($M) | ▲ | $19 | +5.70 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +5.69 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 88.53% | +0.39 | 88.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.59% | +0.01 | 0.58% |
| Allowance / Loans (%) | — | 0.96% | -0.04% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.78% | +0.02 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.89% | +0.82 | 11.07% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇██ | Net Interest Margin (%) | 2.26% | 2.35% | 2.75% | 2.83% | 2.92% | 2.96% | 3.15% | 3.15% |
| ▁▃▄▇▆▇██ | Return on Assets (%) | 0.53% | 0.65% | 0.74% | 0.90% | 0.84% | 0.93% | 0.98% | 1.01% |
| █▅▅▁▃▁▂▁ | Efficiency Ratio (%) | 79.0% | 75.2% | 74.8% | 70.5% | 73.1% | 70.7% | 71.0% | 69.6% |
| █▆▄▂▃▂▁▁ | Cost of Funds (%) | 2.87% | 2.71% | 2.53% | 2.43% | 2.46% | 2.41% | 2.33% | 2.30% |
| ▁▁▁█▇▆▆█ | NPA / Assets (%) | 0.08% | 0.07% | 0.06% | 0.58% | 0.47% | 0.41% | 0.41% | 0.59% |
| ▁▁▁█▇▆▆█ | Net Charge-Off Ratio (%) | 0.10% | 0.09% | 0.08% | 0.76% | 0.61% | 0.53% | 0.54% | 0.78% |
| ▃▁▂▂▅▆▆█ | Tang. Book Value ($M) | $15 | $12 | $13 | $14 | $16 | $17 | $17 | $19 |
| ▁▁▁▂▆█▅▆ | Gross Loans ($M) | $239 | $242 | $240 | $244 | $253 | $262 | $253 | $254 |
| ▅▃▃▁▃▁▇█ | Total Deposits ($M) | $280 | $278 | $277 | $275 | $277 | $275 | $282 | $284 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 2% |
| Agricultural | 25% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 16% |